Despite Abbott government’s decision to strongly rhetoric against the renewable energy industry, it is prudent that the industry is still ready and willing to move forward with wind and solar projects in the country.
The worlds-leading 1,200-megawatts windfarm and solar energy projects to be constructed in northern Queensland is in competition with a recent coal power station project put forward by Tony Abbott, who is willing to give taxpayer loans to coal facility instead of windfarm projects.
Windlab Ltd, the Canberra-based renewable energy company is about to construct a world-leading largest wind and solar projects in northern Queensland, a project that could oppoose a Coalition push to construct a novel coal-fired plant within the same vicinity.
The Chief Executive Officer, Roger Price, on Tuesday July 14, 2015said that Windland is putting forward a 600-megawatts windfarm in conjunction with a600-megawatts solar energy project dubbed the Kennedy Energy Park.
“The facility, to be located near Hughenden, around 300km inland from Townsville, would deliver up to 80 per cent of local electricity demand – and at a capacity factor of around 70 per cent – at rates cheaper than a new coal plant,” Roger Price stated.
“This is an absolutely world class resource. We believe we can deliver nearly base-load power for a price of around $100/MWh. You are not going to build a new coal-fired generator for that sort of price.”
But the Prime Minister Tony Abbott and other local business owners as well as LNP politicians are more interested in the construction of the 800-megawatts coal-fired station proposed recently.
But Bloomberg News Energy Finance has rubbished the decision and stated that it will be very costly, as it is estimated at approximately $130/megawatt-hour, and therefore requires very huge government subsidy.
The proposed 1,200-megawatts projects will generate more than expected electricity to power the entire region. Roger Price has confirmed that the studies behind this facility could generate 600-megawatts capacity- which is equivalent to 80% of the territory’s power needs- at a capacity factor of 70%. This capacity would be supported by other local energy generation, viz, rooftop solar, small utility-scale solar projects and local biomass. FRV is recently thinking of other150-megawatts solar plant in that same region, including a 330-megawatts hydro power plant proposed by Genex which could also supplement this facility by Windland and as well store excess power when there is high wind and solar power output.
All these renewable energy projects would swiftly change Queensland, formerly with little, 12-megawatts of wind and much delayed solar booster at Kogan Creek power station, into a head in advanced technology.
Giles P. July 14, 2015. Giant wind and solar complex to challenge Abbott’s coal plans: http://reneweconomy.com.au/2015/giant-wind-and-solar-complex-to-challenge-abbotts-coal-plans-48407. Accessed July 21, 2015
AUTHOR: DOUGLAS YEBOAH