The Cradle Coast Authority (CCA) welcomes the Coalition Government’s investment in Tasmania towards the proposed second interconnector with the mainland.
The Coalition Government has pledged $56 million for the proposed second interconnector with the mainland, after the Tasmanian Government released a feasibility study highlighting the business case stacks up.
The report finds the business case for a 1,200MW interconnector will unlock new generation and storage in Tasmania.
“This is great news for future investment and jobs in the region,” CCA CEO Daryl Connelly said.
“We are engaged with TasNetworks, and all nine of the Cradle Coast councils are keen to progress renewables in the region.
“The Cradle Coast can not only provide clean, green power, but can provide the security of supply for Tasmania and mainland states and help support cheaper power prices.”
It is hoped the Government’s $56 million investment would accelerate the delivery of the Marinus Link and builds on the $20 million already invested by the Australian and Tasmanian Governments, through the Australian Renewable Energy Agency and Tas Networks, into the initial feasibility report.
“We are already in discussion with TasNetworks, Hydro Tasmania and UPC Renewables and we hope this will pave the way forward for certainty of investment as well as help secure guaranteed supplies of cleaner, cheaper energy across the nation,” Mr Connelly said.