The NSW Government’s landmark investment of $2.1 billion in the Transmission Acceleration Facility (TAF), along with continued funding for critical infrastructure in Renewable Energy Zones (REZs), sends a powerful message that the Minns Government is fully committed to meeting the challenges of the energy transition, according to the Clean Energy Council.
Clean Energy Council Chief Executive, Kane Thornton, representing the nation’s peak body for the clean energy sector - welcomed the almost doubling of funding for the TAF and said it will not only accelerate the growth of the renewable energy sector but also create thousands of construction jobs, providing a substantial boost to the state’s economy.
“This Budget announcement marks a major step forward in fast-tracking the construction of transmission lines and energy storage systems necessary to integrate new wind and solar projects into the grid. With this investment, NSW continues to lead the nation in its dedication to building the infrastructure needed to unlock the full potential of renewable energy while phasing out outdated and unreliable coal-fired power stations,” Mr Thornton said.
“This commitment highlights the government’s resolve to ensure that NSW’s energy grid can effectively support the transition to renewable energy, while also tapping into the job and economic opportunities that come with it.
NSW is making a tangible commitment to meeting its renewable energy targets and providing cleaner, more affordable power for its people. Premier Minns, Treasurer Mookhey, and Minister Sharpe have demonstrated they understand the urgency of the task at hand. Their leadership in advancing the infrastructure needed to bring new clean energy online is exactly what is needed to move the state toward a sustainable energy future.Kane Thornton Clean Energy Council Chief Executive
The Transmission Acceleration Facility is expected to significantly expedite the development of key Renewable Energy Zones (REZs), including the Central West Orana, New England, Hunter-Central Coast, Illawarra and South West regions. These areas, rich in renewable resources, will be pivotal in supporting the growth of wind and solar generation, and this funding will make it faster and more efficient to connect new projects to the grid.
The Clean Energy Council also applauds the government’s ongoing efforts to improve community consultation practices and ensure fair compensation for landholders impacted by new transmission infrastructure. These measures will help ensure local communities have a voice in the planning process and are appropriately compensated for hosting new transmission lines on their properties.
This investment is a critical step forward for the energy future of NSW. By accelerating the development of transmission infrastructure, the government is demonstrating that it takes the challenges of the energy transition seriously.Kane Thornton Clean Energy Council Chief Executive
“We look forward to continuing to collaborate with the government to support the expansion of renewable energy infrastructure and deliver a cleaner, more affordable energy future for all.”
ENDS
For more information or to arrange an interview, please contact:
Liam Straughan
Clean Energy Council Media Officer
+61 409 470 683
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