TasNetworks and the Burnie City Council have reached an agreement to redevelop the old Tioxide Site at Heybridge as a potential site for the Marinus Link converter stations.
Once all the design and approvals criteria have been met, the historic Tioxide site, which has lain dormant for many years, will be re-energised and given a new purpose as the connection point where Marinus Link joins the TasNetworks Transmission Network.
Construction could begin as early as 2023-24, creating jobs and boosting the economy in the Burnie area.
This is an important step in progressing a shovel-ready Marinus Link and is another step in our vision to make Tasmania a Renewable Energy Powerhouse and the Battery of the Nation.
There will be two convertor stations, which will see significant investment, with construction estimated to be up to $200 million each.
Marinus Link is the key to Tasmania’s biggest economic opportunity during the next decade and will play a vital role as we rebuild from COVID-19, by injecting up to $1.4 billion into our economy and creating up to 1400 direct and indirect jobs across our state with the majority in regional Tasmania.
It adds to the significant progress we have already made in driving Tasmania’s renewable energy future, with our State now 100 per cent self-sufficient in renewable energy.
We have also legislated our world leading target to double our renewable generation to 200 per cent of our current needs by 2040.
Our number one priority is to create jobs, rebuild the economy and protect the Tasmanian way of life, which is why we continue to back our State’s renewable energy future.