The Australian Energy Market Operator has been commissioned by the government to invite tenders for the projects
Melbourne, Victoria, Australia – The Victorian government has unveiled six new grid upgrade projects in the Australian state, as part of stage one of the AUD540m ($400.9m) Renewable Energy Zones (REZs).
According to the government, the projects will help the state’s grid to brace up for the huge load of renewable energy estimated to be generated by future projects.
The projects are not only expected to modernise the state’s electricity grid, but also unlock new renewable energy investment.
Of the six projects announced, three are infrastructure-related which will work like ‘shock absorbers’ to smoothen out higher and lower rates of energy flowing through the transmission lines.
According to the government, the grid upgrade projects will make it easier for clean energy to enter the power grid.
The other three projects involve upgrading the transmission network to boost the capacity of existing lines
The announced transmission upgrades are expected to enhance and modernise the energy grid in the areas to enable more renewables to flow through the state.
Source: NS Energy