Australian capacity tender flooded with 40 GW of renewable energy projects
- Admin
- Jun 24, 2024
- 1 min read
Australian Federal Energy Minister Chris Bowen confirmed that more than 40 GW of variable renewables projects have been registered in the first national Capacity Investment Scheme tender. The government aims to increase new dispatchable renewable capacity to support Australia’s clean energy transition. The CIS will run competitive tenders to deliver 9 GW of dispatchable capacity and 23 GW of variable capacity by 2030 to fill expected reliability gaps as ageing coal power stations exit the system.
Source:
Want to read more?
Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.
