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posted on:
June
15
2016

SA considers second interconnect to NSW grid

 

Source: AFR, 14 June 2016


A proposal for an electricity interconnector to link South Australia and NSW's power grids and stem the high prices hurting business is back on the table after more than 16 years.


The South Australian government is partly funding a feasibility study by electricity transmission company Electranet into an interconnector, which links to power markets, to allow the state to obtain more and cheaper  electricity when needed, and to sell more renewable energy to other states.


An original interconnector proposal known as Riverlink at a cost of about $110 million was scrapped when the state's electricity assets were privatised in 1999 in a deal that reaped about $5 billion.


South Australian Treasurer Tom Koutsantonis said it was "far too early to say" what a Riverlink interconnector might cost, but there have been estimates of between $300 million to $700 million. He told reporters on Tuesday the NSW Government was "very keen" to have more inter-connection. NSW is currently privatising its electricity assets.


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