Energy Storage News•3 months ago
Australia’s New South Wales designates 22GWh of pumped hydro as critical infrastructure
- •The New South Wales (NSW) government has designated two pumped hydro projects, totaling 22,000 MWh (22 GWh) of storage capacity, as critical infrastructure.
- •This policy decision signals strong government support and a commitment to long-duration energy storage, likely streamlining regulatory approvals and accelerating project development timelines for developers.
- •For large power consumers, this move enhances grid stability and reliability, potentially leading to more predictable and lower energy costs by integrating significant long-duration storage into the NSW energy mix.
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