The government of the Australian state of New South Wales (NSW) has received 44 expressions of interest for power generation and energy storage projects at the Illawarra Renewable Energy Zone (REZ), totalling a potential 17 GW of capacity.
The Illawarra REZ call for registration of interests has drawn AUD43bn (about US$29.5bn) in potential investments, with more than AUD35bn (US$24.2bn) in potential investment from ten wind generation projects to be built in the state totalling 12.9 GW in capacity, eight of which being offshore wind projects.
The list also includes five solar, sixteen energy storage, four pumped hydro storage and four hydrogen production schemes. Developers have also indicated interest in two hydrogen electricity generation schemes and three new load projects involving green steel manufacturing.
The information gathered from the call for registration of interest will be used by the Energy Corporation of NSW (EnergyCo) to progress the design and delivery of the REZ. The government of NSW aims to establish five REZs in line with its Electricity Strategy and Electricity Infrastructure plan. The Illawarra REZ is expected to be declared one of them by the end of 2022.
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