EDF Renewables in Australia, a subsidiary of the French energy group EDF, has completed the acquisition of the Newcastle floating offshore wind project, which is located in the state of New South Wales (south-eastern Australia) and which may have a power generation capacity of up to 10 GW.
The wind project is currently under development near the Port of Newcastle and will be situated in proximity of energy transmission infrastructure. It is proposed for the Hunter‐Central Coast Renewable Energy Zone (REZ), which is part of the New South Wales Government Electricity Infrastructure Roadmap. It will be developed in stages to support the Australian Government’s renewable energy targets and will align with the planned retirement of the coal-fired power plants in the state.
The project was initially developed by Newcastle Offshore Wind Energy (NOWE), which has been working on the project for close to ten years. NOWE will continue to work on the project alongside EDF Renewables in a collaborative partnership.
At the end of 2021, wind power accounted for 11% of Australia’s installed capacity with 9 GW and 9% of its power generation with 24.5 TWh. However, the country had no offshore wind capacity as of end-2021. Australia currently has nearly 4 GW of wind capacity under construction and more than 137 GW under development.
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