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.
The first tender round closed on 10 February, with financial bids from 16 shortlisted projects (a total of 4.3 GW generation and storage). Announcements are expected by April 2023. The next round of tenders is expected Q2 2023 (April-June), and will also include firming and Access Rights (for Central-West Orana
Applications for offshore wind feasibility licences are now open for Gippsland in Victoria – the first area the Federal Government has declared for offshore wind in Australia. Submissions close 27 April 2023, with successful applicants awarded a licence to conduct feasibility studies in their project area. Find out more from
A declaration is the first step in formalising access schemes and network solutions for a REZ. Refer to EnergyCo NSW’s website for more information.
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