Australian Renewable Energy Agency (ARENA)
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $995,000 in funding to TransGrid to support a feasibility study into the potential development of new transmission capacity in the New England region in northern New South Wales.
The $3.45 million study will develop, test and deliver a technical design and commercial process for the development of the New England Transmission Infrastructure (NETI).
ARENA's funding will support the initial development phase for a new transmission line between Tamworth and Gunnedah. The NETI would include a 330kV line and new substation east of Gunnedah and would allow for connection of an additional 1,400 MW of renewable energy peak generation capacity to the grid within the next three to five years.
ARENA's funding will also help to facilitate the demonstration of an innovative unregulated transmission development model that can unlock additional private investment in transmission infrastructure to support new large scale renewable energy investment, and
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