13
Renewable Energy Advocate Amy Kean NSW RENEWABLE ENERGY INVESTMENT BRIEFING Large-scale Renewable Energy in NSW

Large-scale Renewable Energy in NSW

Embed Size (px)

Citation preview

Page 1: Large-scale Renewable Energy in NSW

Renewable Energy Advocate – Amy Kean

NSW RENEWABLE ENERGY INVESTMENT BRIEFING

Large-scale Renewable Energy in NSW

Page 2: Large-scale Renewable Energy in NSW

Historic growth of renewables in NSW

Page 2

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

2008 2009 2010 2011 2012 2013 2014 2015

MW

Year

Page 3: Large-scale Renewable Energy in NSW

Large-scale renewable energy pipeline

Page 3

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

UnderConstruction

Approved SeekingApproval

Other

Solar

Wind

MW

$10 billion investment

Page 4: Large-scale Renewable Energy in NSW

NSW is leading in large-scale solar

NSW is home to Australia’s largest solar plant at Nyngan

Page 4

• Broken Hill Solar Plant - 53 MW • Moree Solar Farm - 56 MW • Jemalong Solar Thermal Plant - 6 MW

Page 5: Large-scale Renewable Energy in NSW

5

1.6

1.8

2.0

2.2

2.4

2.6

2.8

$/W

Average Total Capital Costs per Watt of Installed Capacity

Capital Costs (DC) per Watt Capital Costs (AC) per Watt Average DC Average AC

ARENA data: Capital cost of installed solar

Notes:

1. Capital Costs includes all upfront capital costs, including financing costs

2. ‘Other’ includes VIC, SA and WA

Page 6: Large-scale Renewable Energy in NSW

Historical growth of NSW wind capacity

Page 6

2010 2011 2012 2013 2014 2015

187 MW

281 MW

373 MW

373 MW

545 MW

660 MW Major projects online

Boco Rock 1 14 MW

Capital 141 MW

Cullerin Range 30 MW

Gullen Range 166 MW

Gunning 47 MW

Taralga 107 MW

Woodlawn 48 MW

Page 7: Large-scale Renewable Energy in NSW

NSW Renewable Energy Action Plan

Page 7

Goal 1: Increase renewable energy investment and projects Goal 2: Build community support for renewables Goal 3: Grow renewable energy expertise and R&D

Page 8: Large-scale Renewable Energy in NSW

Goal 1 – Attract renewable energy investment

Page 8

Page 9: Large-scale Renewable Energy in NSW

Goal 2 – Build community support

Page 9

Page 10: Large-scale Renewable Energy in NSW

Goal 3 – Attract and grow expertise

Page 10

UNSW solar efficiency breakthrough

NIER Knowledge Hub

Page 11: Large-scale Renewable Energy in NSW

Opportunities in NSW

Page 11

• Sydney Metro North-West tender

• TransGrid renewable energy hub

• Network Opportunity Mapping

• Renewable energy resource maps

Page 12: Large-scale Renewable Energy in NSW

How we can support you and your projects

• Promote renewable energy investment opportunities

• Connect investors with local developers

• Assist with planning process, network connections, Crown Lands

• Connect you with key contacts from ARENA, CEFC, TransGrid, DNSPs & NSW Government resources

• Address unreasonable barriers to development

• Works across industry, communities, government & academic institutions to unlock renewable energy opportunities

Page 12

Page 13: Large-scale Renewable Energy in NSW

Thank you!

Page 13