Premier pumped at new power scheme
TWO locations in the Central Highlands have been identified among 14 “pumped hydro” opportunities in Tasmania as the State Government’s $5 billion Battery of the Nation vision charges forward.
Premier Will Hodgman, En- ergy Minister Guy Barnett and federal Energy Minister Josh Frydenberg met to discuss the sites last week.
The potential of the identified sites in the Central Highlands and on the West and North-West coasts, is higher than initially anticipated. The 14 options are spread across eight locations clustered around Hydro Tasmania’s existing assets, including one at Great Lake and one at Lake Echo.
Mr Hodgman said the project was a leap forward for jobs, investment and energy security in Tasmania.
“Tasmania’s pumped hydro scheme has the potential to be this generation’s version of the historic hydro-electric development,” he said.
“Early modelling shows the construction could create up to $5 billion of investment and around 3000 jobs in regional Tasmania over 10 to 15 years.”
Hydro Tasmania will now start in-depth investigations into the 14 proposed opportunities to establish which could best provide the power.
Pumped hydro, combined with extensive wind farm development in the state, is contingent on a second Bass Strait interconnector, which would cost about $1 billion and take up to seven years to realise.
LEAP FORWARD: Premier Will Hodgman is optimistic.