COAG enables a more connected clean-energy future
Energy Networks Australia has welcomed support from the COAG Energy Council for a national hydrogen strategy and a streamlined process to deliver a more connected electricity grid.
CEO Andrew Dillon said the COAG Energy Council direction to progress the Group 1 projects in the Australian Energy Market Operator’s Integrated System Plan was an important step towards delivering better flows of power across the National Electricity Market (NEM).
“Around the world, the logical response to growing levels of variable renewable generation is to have a more connected electricity system,” Mr Dillon said
“A more connected grid that links states will provide significant benefits to customers – better reliability and increased competition in the wholesale energy market.
“The overall savings to the electricity system from timely transmission investment have been estimated by AEMO to be about $1.2 billion – savings for customers off future power bills.”