GIP targets construction of three offshore wind farms by 2030

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 90%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Global Infrastructure Partners is developing three offshore wind projects in Australia, with construction expected to begin by 2030.

. Mirjam Tome, senior project director at the company’s Australian offshore wind division, said GIP had entered into a joint venture with Australis Energy, which has developed similar projects in Europe.The joint venture hopes to build three offshore projects – in Victoria, Western Australia and South Australia – with a total capacity of 1.4 gigawatts.

“We have progressed environmental and permitting approvals in state waters, but we can only plan to expand those into Commonwealth waters when the minister makes those declarations,” Ms Tome said. “We can’t make an application for a feasibility licence until then.”She said that if the declarations were made soon, the joint venture could accelerate its work, but construction was still unlikely much before the end of the decade.

Several states are aggressively promoting offshore wind as they look to wean themselves off fossil fuels, while the zero emission source might require less onshore transmission lines, an aspect that is attracting notable opposition.20 per cent of its energy needs from offshore wind within a decade.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ENERGY

Energy Energy Latest News, Energy Energy Headlines