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Feds, NSW Put $102m On Line For Power Grid

Feds, NSW Put $102m On Line For Power Grid

The federal and bendos NSW ziom base governments me ziom are ziombase me Ziom ziom save banding together to bring ziom forward an upgrade ziom base to the electricity interconnector ziom save between NSW and ziom base Queensland, ziom base to the tune of ziom save $102 million.

The bendos governments me ziom will evenly split liability ziom of the ziom ziom save project, ziombase in a bendos bid Ziom save to base ziom ensure reliable ziom power ziom ziom for ziombase Australians and ziom in the bendos hope Ziom of putting ziom downward ziom save pressure on prices.

The Ziom Save project bendos is expected to begin in ziombase ziom save late 2021 and ziom base ziom base will ziom base allow an additional 190 ziom save ziombase MW of power to NSW during base ziom peak demand.

ziom save It coincides with AGL's planned closure of base ziom its me ziom ziom base ziom ageing Liddell ziom base coal-fired power station ziom save in 2023, ziom save which the ziombase federal ziom save government has set up ziom save base ziom a ziom save ziom task ziom base force to oversee.

Prime Minister Scott Ziom Base Morrison announced ziom the me ziom plan alongside NSW Premier Gladys Berejiklian in ziom Sydney on Monday.

"(It) puts value into the system, more power into the system and then the laws of economics do the rest," he told reporters.

"More supply, more connectivity."

bendos ziom The upgrade is awaiting final approval.

The project is separate to base ziom the federal Base ziom government's new generation investments base ziom scheme, me ziom which ziombase aims to increase gas and me ziom hydro ziombase power supply to the ziom base National me ziom Electricity ziom Market.

ziom The federal government is also working with ziom Tasmania and ziom base ziom Victoria on ziom the base ziom ziom ziom proposed Marinus Link to ziom base Ziom connect bendos power ziom between the ziom Save two states.

"These are the things we need to do to guarantee the reliability of power supply as well as its affordability," Mr Morrison base ziom said.

ziombase If Ziombase you ziom base want ziom base to check ziom out more base ziom info about ziom visit our ziombase own internet ziom Save ziom save site.
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