Putting Tasmanians first by reinvesting in Hydro
17 October 2017
Tasmanian Government: The Hodgman Government’s
energy
policy is clear – we’re putting Tasmanians first. This means secure
supply for
Tasmania, and the lowest possible
electricity prices for
Tasmanians.
While we continue to look to develop new generation opportunities, such
as building new
wind farms at Wild Cattle Hill and Granville Harbour, as
well as
pumped hydro opportunities, it’s vital that we continue to
invest in our existing hydro generation.
Importantly, investing in
Hydro Tasmania helps create and support
jobs
for Tasmanians.
Hydro Tasmania is investing $1 billion over the next ten years to
upgrade its facilities. These upgrades will increase generation by 250
GWh, which is enough additional generation to power over 30,000
Tasmanian homes. It will also increase the lifespan of some power
stations by an extra 40 years.
Today I visited the Trevallyn Power Station to see firsthand how Hydro
Tasmania is investing in energy infrastructure to increase generation
capacity, improve efficiency and to ensure our energy supply is secure.
Hydro has already refurbished two turbines at Trevallyn as part of its
modernisation program, with the upgrades increasing capacity in the two
turbines by nearly 30 per cent.
Hydro is also planning to spend $25 million upgrading the remaining two
turbines, so that we can increase output and ensure a secure supply of
energy.
These upgrades will help meet the Hodgman Government’s target of making
Tasmania completely renewable energy self-reliant by 2022.
We will continue to pursue increases to our energy capacity, including
the Battery of the Nation – firstly to ensure a secure, cheap and
reliable supply for Tasmania, and secondly to deliver a return on any
excess energy. However, the needs of Tasmanians will always come first.
Importantly, I will shortly have more to say on the work underway to
further reduce power prices for Tasmanians.
--ENDS--
Source: Tasmanian Government - www.premier.tas.gov.au
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