Second Basslink Interconnector




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Second Basslink Interconnector
STATUS

Prospective pipeline

Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.

Credibly proposed

The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).

Preferred bidder announced

A preferred bidder has been selected and is in exclusive negotiations.

Recently closed

Projects that have progressed to contractual close remain on ANZIP for 12 months.

ANZIP is focused only on major infrastructure activity, above the following thresholds:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million


STATUS: Prospective pipeline
SECTOR: Energy
JURISDICTION: TAS, Commonwealth, VIC
PROCUREMENT APPROACH: Unknown
TYPE: Greenfield

TasNetworks is presently undertaking a $20 million business case study into a second Bass Strait electricity interconnector with assistance from the Federal Government's Australian Renewable Energy Agency (ARENA). ARENA and TasNetworks announced the joint funding agreement in November 2017.

The business case follows the Tamblyn Review, which was a study into the feasibility of a second Tasmanian interconnector, released in April 2017.

Preliminary findings by Hydro Tasmania indicate a second interconnector would enable Tasmania to expand its wind and hydro capabilities, adding additional power to the National Electricity Market (NEM).

The business case study will examine and finalise the preferred route, optimum size, cost estimate, revenue investment test and financial model for a second interconnector between Tasmania and Victoria.



Last reviewed: 18/06/2018

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