The proposed transmission project aims to support the delivery of the New England Renewable Energy Zone (REZ) in the New South Wales New England region.
Transmission upgrades will be required to support the increase in renewable generation and storage in the REZ. The scope and timeline for these upgrades will be determined following a feasibility study being developed by TransGrid with support from the Australian Renewable Energy Agency.
|Jul 2020||Project Announced|
|The Federal Government's contribution comes through the Australian Renewable Energy Agency (ARENA) to TransGrid to support a $3.45 million feasibility study into the potential development of new transmission capacity.|
|Jul 2020||In its 2020 Integrated System Plan, AEMO identified New England REZ network expansion as a critical project and provided updated costings for Stages One and Two of the transmission component. Stage One of the transmission component has an estimated cost of between $720 million and $1.3 billion, with a modelled cost of $1.025 billion. Stage Two of the transmission component has an estimated cost of between $220 million and $420 million, with a modelled cost of $320 million.|