The significant value of Tasmania’s firm, flexible and dispatchable energy was highlighted today with the COAG Energy Council proceeding with amendments to the National Electricity Law to establish the Retailer Reliability Obligation.
This further cements the need for Tasmania to become the Battery of the Nation and displays the States dispatchable energy value to the national market.
The Energy Security Board listed Tasmania’s North West renewable energy zone as one of four critically important renewable energy zones across the NEM.
Today, the Energy Security Board reported back on the work completed to support the advancement of strategic pieces of national infrastructure, such as Tasmania’s Project Marinus.
There was unanimous support to the development of a National Hydrogen Strategy, with Tasmania well placed to meet this future need with our abundance of renewable energy needed to produce clean, carbon free hydrogen.
This could deliver another significant injection into the Tasmania economy that will add to the billions of dollars of investment Battery of the Nation could deliver.
The Hodgman Liberal Government is committed to our Tasmania First Energy Policy. We have the lowest regulated electricity prices in the nation, and are on track to achieve 100 per cent self-sufficiency in renewables by 2022.