Kean proffers clean energy jobs in wake of Eraring

NSW energy minister Matt Kean (rewiring australia)
NSW Treasurer Matt Kean

NSW Treasurer and Energy Minister Matt Kean has promised a “manufacturing renaissance” to help workers who will lose their jobs as a result of coal-fired power plant closures, such as Eraring, with a jobs package that will create 3,700 roles in clean industries.

Commercial interest in renewable generation and storage projects representing almost 40GW and more than $100 billion of potential investment have been received in the registration of interest for the Hunter-Central Coast Renewable Energy Zone (REZ).

Related article: Australia’s largest coal plant, Eraring, to close in 2025

“These results show that energy investors see the Hunter and Central Coast as some of the best investment destinations anywhere in the country, which will translate into jobs and prosperity for the region,” Kean said.

“Renewable Energy Zones are vital to ensuring the future reliability and affordability of electricity in NSW as traditional coal fired power stations close down over the coming decades.”

Commercial interest has been registered in:

  • 24 solar energy projects;
  • 13 onshore and seven offshore wind energy projects;
  • 35 large-scale batteries; and
  • eight pumped hydro projects.

The response to the Hunter-Central Coast REZ continues the huge market interest in the Renewable Energy Zones that are being developed across NSW, following earlier processes in the Central West Orana, New England and South West regions which have attracted a combined 95GW of interest.

The Energy Corporation of NSW (EnergyCo) is in the early stages of planning the Hunter-Central Coast REZ and will be using this information to inform the timing, capacity and boundaries of the Hunter-Central Coast REZ.

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EnergyCo will be engaging closely with industry, local government, local communities and other stakeholders as it progresses the design and delivery of the REZ.

It is expected that the Hunter-Central Coast REZ will be formally declared under the NSW Government’s Electricity Roadmap legislation by mid-2022.

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