The Tarraleah Power Station Redevelopment seeks to upgrade the existing Tarraleah Hydropower Scheme. The current scheme produces around 6.5 per cent of Hydro Tasmania’s total annual production. Many of the scheme’s components have aged and there are physical and operational constraints, making it unsuitable for the future demand for electricity.
The redevelopment is estimated to double the power station’s capacity from 104 megawatts (MW) to 220 MW with 20 hours of storage per cycle. The project will be developed by Hydro Tasmania.
In 2018, ARENA provided $2.5 million in funding which was matched by Hydro Tasmania for the feasibility study.
|Procuring Agency:||Hydro Tasmania|
|Jun 2018||The Australian Renewable Energy Agency (ARENA) and Hydro Tasmania jointly provided $5 million in funding to support a feasibility assessment into the redevelopment of the Tarraleah power station.|
|Feb 2021||Feasibility study completed.|
|Aug 2021||The Tasmanian Government confirmed the $700 million project would proceed in its 2021-22 Budget.|
|Apr 2022||The Federal Government released a Pre-election Economic and Fiscal Outlook (PEFO) which announced an additional $65 million in funding to the project.|