Electricity Supply Security: Grid Upgrade To Help Power Supply Security
May 7th, 2010
Businesses worried over electricity supply security will be pleased Transpower has been given approval from the Electricity Commission to proceed with a $170m upgrade to the national grid between the Waitaki and Clutha river systems. It means big new wind and hydro-electricity project proposals in the lower South Island will be able to feed seamlessly into the upgraded grid.
Transpower, the state-owned national grid operator, applied last November to undertake the upgrade, which the EC decided was necessary if some of the renewable projects planned in the deep south were to be built. The project will see five sections of the grid between Roxburgh and Twizel updated and will allow Transpower to recover up to a total of $197m from electricity generators and consumers, in 2015 dollars, for the project.
Copyright © The Main Report Group
