Updates: Pumped hydro

News and announcements on the renewable energy market, government policy and planning, funding, community engagement, social licence and transmission.

Luke Osborne talks all things renewables on Energy Insiders Podcast

Listen to the latest Energy Insiders podcast from RenewEconomy with Stride’s Director Luke Osborne, where he discusses large agri-solar developments like Blind Creek Solar Farm, social licence and meaningful community engagement, transmission, flexible industry response to a changing energy market, living on a sixth-generation farm that hosts wind power plus

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NSW election promises for renewables are welcome

As we head to the NSW State Government polls on 25 March, the NSW Government and Labor opposition are making strong announcements in favour of renewables. Stride will continue to share relevant insights in the lead up and following the election.

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Capacity Investment Scheme: support for firming infrastructure (no gas)

Good news for battery storage and pumped hydro projects: in December 2022 the Albanese Government announced a Capacity Investment Scheme (CIS) for dispatchable generation (excluding coal and gas) to deliver reliable electricity. What we know The details will be critical, and Stride will share insights as they come to light.

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Important changes to NSW planning

Development Assessment fee discounts, a new biodiversity offset system and transport requirements may interest renewable energy developers. Discounts for Development Assessment (DA) fees in REZs: there will be 30% discount on DA fees for all renewable energy and storage projects in the REZs, following a recent MOU signed between EnergyCo NSW

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New manufacturing funding opportunities support renewable development

The NSW Government is dedicating $550 million in funding to the Renewables Manufacturing Fund and Low Carbon Product Manufacturing Fund to support renewable energy and low carbon products. Eligible projects include components for renewable energy such as wind towers, solar and batteries. Registrations of Interest closed 28 February 2023.

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