Two hydro projects are under consideration as investment attention intensifies on energy
Two multi-billion-dollar renewable energy projects with the potential to power over 1 million homes in peak demand have been declared Critical State Significant Infrastructure (CSSI) by the NSW government.
The $3.5 billion Western Sydney Pumped Hydro Project at Lake Burragorang, is a ZEN Energy project that will have the potential to power 500,000 homes.
The proposed plan is to repurpose a disused coal washery site on the eastern side of Lake Burragorang, approximately 24km upstream from the Warragamba Dam wall. Should the project proceed to construction, WaterNSW says it is expected to create approximately 1500 construction jobs.
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The $3.6 billion Yarrabin (Phoenix) Pumped Hydro Project near Mudgee in Central West NSW, is a ACEN Australia project which will have the capacity to power 600,000 homes.
Both projects, are in the early planning stages and are located on WaterNSW land.
A comprehensive assessment will still be undertaken on each of the projects, including public exhibition and an opportunity for submissions from the community.
There are currently more than 50 renewable energy, storage and transmission projects under assessment in NSW.
A further 196 projects, including solar, wind, battery storage and pumped hydro projects are at various stages in the planning pipeline.