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Battery of the Nation goes flat

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rangerrebew:
Battery of the Nation goes flat
By Jo Nova

A second big Australian “Pumped Hydro” scheme is crashing on economic rocks…

Another hidden renewables cost. Stamp.The Marinus Link cable was meant to spark a glorious renewables boom and make Tasmania “The Battery of the Nation”, instead it will cost more than a new advanced coal fired plant, provide no energy at all, and currently even the thought of it is causing chaos. New projects are on hold, factories can’t expand and Tasmania is held hostage to visions of an electricity grid designed to stop storms instead of generate energy.

The Marinus Link is a 255km cable that was supposed to be the second interconnector from Tasmania to the mainland. In theory it would cost $3 billion and carry 1.5GW of electricity. But the costs have blown out to $5.5 billion and the State Premier is balking at the new bill.

However, most of the new wind power projects in the state are awaiting the magic cable before they commit — without it, they can’t reach the real market, which is mainland Australia. But without them, the local grid doesn’t have enough surplus capacity to cover the lean times (or rather, without the cable, they can’t get access to more reliable brown coal power in Victoria).

https://joannenova.com.au/2023/08/battery-of-the-nation-goes-flat/?utm_source=rss&utm_medium=rss&utm_campaign=battery-of-the-nation-goes-flat

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