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Project Updates Week Ending 20 October 2017

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Project Updates Week Ending 20 October 2017 PROJECT TALLY (October) Number of projects = 451 - 210 Generating - 241 In Development Total Capacity = 60,821.7 MW - 21,450.97 MW Generating - 39,370.73 MW In Development Project Updates Week ending 20 October 2017 Cattle Hill Wind Farm local closely with the main contractors and major subcontractors, once appointed, to facilitate business participation program opportunities for local subcontractors and launched suppliers to participate in the project,’ said 13 October Laura. Goldwind Australia has launched the Local Business Participation Program for Cattle Hill Cattle Hill Wind Farm is now listed as a project Wind Farm. The Program will be a key on the Industry Capability Network (ICN) initiative to identify capability and capacity in Gateway. This is an independent business the local community and maximise network providing an online tool to connect opportunities for local subcontractors and subcontractors and suppliers with projects. suppliers to participate in the project. Businesses with an ABN can submit Expressions of Interest for over 30 different Developer for the project, Goldwind Australia work packages ranging from fencing to civil Managing Director John Titchen, said the construction of on-site roads and local partnership with Aurora Energy secured the accommodation providers. construction of the Cattle Hill Wind Farm project. Following the appointment of the main contractor, an information forum will be held ‘We’re pleased to partner with Aurora Energy to provide local businesses with additional who is clearly supportive of renewable energy information about the available work development in Tasmania and strengthening packages and the process of bidding for Tasmania’s energy security,’ said John. subcontracting or supply opportunities. Under the agreement, Aurora Energy will Construction of the project is planned to purchase Tasmanian generated renewable commence in January 2018, with the wind energy certificates produced by the wind farm farm anticipated to create 150 people during to assist in meeting its obligations, extending construction and have up to 10 permanent to 2030, under national renewable energy maintenance staff when fully operational in legislation. 2019. Project Development Manager, Laura Jeffery Source: Goldwind Australia said planning for the construction of up to 49 wind turbines is well underway with the Link to AltEnergy database: Cattle Hill Wind launch of Local Business Participation Farm Program. ‘We are committed to local sourcing for the project where feasible. We’ll be working Government blows golden struggled to deal with the heatwaves at the beginning of the year and the focus on opportunity by walking away reliability is welcome. We believe energy from Clean Energy Target storage and demand management can 17 October provide much-improved reliability at times of The Federal Government’s decision to walk high stress compared to the current system, away from a Clean Energy Target (CET) is likely but many people will be watching the final to result in a substantial slowdown in new policy settings very closely. clean energy investment, meaning power prices will keep rising and voters will continue “As an industry we will continue to push for switching off, the Clean Energy Council said the effective energy policy most Australians today. agree is urgently needed.” Clean Energy Council Chief Executive Kane Source: Clean Energy Council Thornton said the industry was disappointed by the decision to drop the CET. “The Clean Energy Target was the best BMD delivers key solar opportunity in years to lock in the long-term bipartisan energy policy needed to encourage infrastructure in Indigenous investment in cleaner energy while improving community system reliability and pushing down power 17 October prices,” Mr Thornton said. BMD, together with Conergy Australia, has successfully completed the construction of a “We are obviously waiting to see more detail solar facility in the remote Indigenous on the policy later today, but media reports community of Nauiyu (Daly River) located 220 today suggest the new policy would result in a kilometres south-west of Darwin. substantial slowdown in levels of investment in clean energy. The Solar Energy Transformation (SETuP) program is managed by Power and Water and Mr Thornton said any new policy must have jointly funded by the Australian Renewable long-term bipartisanship support to underpin Energy Agency and the Northern Territory investment confidence. This had remained an Government. The program aims to transform elusive but essential ingredient to underpin the way power is delivered to remote new investment in energy generation, he said. Indigenous communities throughout the Northern Territory by incorporating solar “The effectiveness of the Renewable Energy power to reduce reliance on diesel. Target is due to the broad political support it has managed to attract and retain over a long The project, which has allowed for production period of time,” he said. of clean energy to meet 50% of the community’s annual electricity needs, was “A company which is thinking about investing completed on time, on budget and with zero in a project worth hundreds of millions of lost time or recordable injuries. dollars needs to have confidence the goal posts won’t be moved halfway through the BMD is experienced working in regional and game. The support of both major parties remote areas, and within Aboriginal and continues to be an important factor for any Torres Strait Islander communities and during new policy. construction the team engaged and maintained an Indigenous workforce of 50%. “As the NSW Government has noted, the state’s old coal and gas power stations Cultural awareness training was also The Energy Security Board estimates typical implemented and undertaken by 100% of household bills will fall by an average of $110- project employees, demonstrating BMD’s $115 per year over the 2020-2030 period. commitment to moving towards reconciliation as outlined in our Reconciliation Action Plan The Guarantee is made up of two parts that released earlier this year. will require energy retailers across the National Electricity Market to deliver reliable Source: BMD and lower emissions generation each year. •A reliability guarantee will be set to deliver the right level of dispatchable energy (from New Project ready-to-use sources such as coal, gas, pumped hydro and batteries) needed in each University of New England Solar Farm state. It will be set by the Australian Energy The University of New England has applied to Market Commission (AEMC) and Australian the Armidale Regional Council to develop a Energy Market Operator (AEMO). solar farm and associated infrastructure with •An emissions guarantee will be set to capital investment value of $14,200,000 contribute to Australia’s international commitments. The level of the guarantee will The University plans to source up to half of its be determined by the Commonwealth and electricity from solar through the installation enforced by the Australian Energy Regulator of a solar PV farm on land adjacent to the (AER). Armidale campus. It was originally announced in April 2016 as a $6.6mil, 10,000-panel Past energy plans have subsidised some project to be funded by the university and industries, punished others and slugged designed and constructed by Melbourne- consumers. The Turnbull Government will based engineering company Aurecon. take a different approach. The National Energy Guarantee will lower National Energy Guarantee to electricity prices, make the system more deliver affordable, reliable reliable, encourage the right investment and reduce emissions without subsidies, taxes or electricity trading schemes. It is truly technology- 17 October neutral, offering a future for investment in The Turnbull Government will accept the whatever technology the market needs - recommendation of the Energy Security Board solar, wind, coal, gas, batteries or pumped (ESB) for a new National Energy Guarantee to storage. deliver more affordable and reliable electricity while meeting our international Unlike previous approaches, we are not commitments. picking winners, we are levelling the playing field. Coal, gas, hydro and biomass will be As our energy system transitions, we must rewarded for their dispatchability while wind, ensure households and businesses have solar and hydro will be recognised as lower access to affordable and reliable power. emissions technologies but will no longer be subsidised. The independent Energy Security Board advises the Guarantee will give certainty to Importantly, this plan builds on the Finkel investors and therefore encourage investment Review, which recommended the creation of in all forms of power. This means electricity the ESB that has now recommended the bills will be lower than currently forecast and National Energy Guarantee. lower than they would have been under a Clean Energy Target. The Government will now work with the ESB • CWP is considering a fixed floor rate and the states through COAG to implement of return of 5-6% for the floor and variable the National Energy Guarantee. cap (to be determined) • minimum investment of $5,000, As well as delivering a better deal for maximum has not been established households, the plan will support business, • minimum commitment of $3M particularly emissions intensive, trade needed to proceed exposed firms. • seeking guidance on catchment area for investment (the community), prioritisation The Guarantee builds on our existing energy for investment will likely be based on locality policy which involves the retailers offering • length of term likely to be <10 years consumers a better deal, stopping the • liquidity: shares would be marketed networks gaming the system, delivering more to existing members, new members, or via a gas for Australians before it's shipped share vendor site offshore and the commencement of Snowy • the community investment vehicle Hydro 2.0 to stabilise the system. could go on to invest in/own other projects in the future We now have an opportunity to break from • the investment would not be linked to the climate wars of the past and forge a electricity products or prices sensible, sustainable path forward.
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