300 MW Pumped Hydro Support: ARENA
Source Ecogeneration 7 January 2016
The Australian Renewable Energy Agency (ARENA) will provide $4 million support for an ongoing feasibility study into the construction of a 300 MW pumped storage hydroelectric power plant at the disused Kidston Gold Mine in North Queensland.
The feasibility study will explore the technical and commercial viability of the proposed power plant, which is estimated to cost around $282 million and is being developed by power generation development company Genex Power.
“The feasibility study aims to pave the way for the first new pumped hydro storage development in Australia in more than 40 years,” Mr Kay said.
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