The opportunity for pumped hydro

The ability to store energy for later use is critical to embedding renewable energy generation into a reliable electricity system.

The NSW Government is taking steps now to ensure the long-term energy security of our system so that businesses and residents have adequate supplies of electricity on call well into the future.

Pumped hydro is a mature and established technology that already accounts for 97 per cent of installed energy storage capacity worldwide and has a lifetime of 50 years or more.

Unlocking investments on WaterNSW infrastructure

The NSW Government is inviting energy and storage proposals that make use of the state’s water infrastructure to support a more secure, affordable and reliable energy mix.

WaterNSW, the state’s bulk water supplier and river operator, is running an Expression of Interest (EOI) process to investigate the opportunity for private developers to make energy investments in the organisation’s existing infrastructure and water resources, including the 42 dams across the state.

The Government sees the potential for sensible infrastructure developments on WaterNSW assets, such as pumped hydro, hydro generation, floating solar and other technologies.

For further information and updates on the Expression of Interest process, please visit eTender.

Useful resources

See the media announcement from the Hon Don Harwin MLC:

https://www.resourcesandenergy.nsw.gov.au/__data/assets/pdf_file/0003/806826/NSW-to-harness-power-of-water-for-energy.pdf

Find out about Lismore Council’s floating solar farm here:

https://www.resourcesandenergy.nsw.gov.au/energy-consumers/sustainable-energy/knowledge-sharing-initiative/supported-projects