Genex Power Limited has announced that the Australian Energy Market Operator (AEMO) has completed its assessment of the Generator Performance Standards (GPS) for the Kidston Pumped Storage Hydro Project (K2-Hydro or Project) and has issued their GPS approval for the Project by way of providing a letter pursuant to clause 5.3.4A of the National Electricity Rules.
AEMO, via transmission network service provider Powerlink Queensland, has determined that the project can operate in accordance with the required electricity standards of the National Electricity Market (NEM). As a synchronous, scheduled generator, the project will provide grid strength and stability attributes to the NEM, in particular, the North Queensland region.
The GPS approval is one of the most complex and significant milestones for K2-Hydro following a long and detailed submission process with AEMO and also satisfies a key condition in Powerlink’s Offer to Connect, marking one of the final Project approvals required for financial close.
Country updates
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June 20, 2019
Vestas secures 227 MW Collector Wind project in Australia
Vestas has successfully secured an engineering, procurement and construction contract for the 227 MW Collector Wind farm, to be developed by RATCH-Australia Corporation. The contract includes the supp...
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Mpower to build a 6.8 MW solar park in South Australia
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Financial close for 256.5 MWp solar project in Australia
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June 13, 2019
J-Power invests AUD25 million to help fund 250 MW Kidston hydro project in Australia
Japan's J-Power will invest up to AUD25 million (US$17.5 million) in Genex to fund the company's construction of a key pumped storage hydro project in Australia. J-Power has signed a share subscriptio...
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June 12, 2019
Simec, Shanghai Electric partner for 280 MW Cultana solar PV project in Whyalla
Simec Energy Australia has secured a partnership agreement with Shanghai Electric for the development of the 280 MW Cultana solar farm Whyalla. Under the partnership, Shanghai Electric will provi...
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