Written by Squadron Energy |
Member for Wollongong Paul Scully said: “As ageing coal fire power stations close, to support the transition to more renewables and to support manufacturing in NSW, this terminal will play an important role in addressing gas supply on the east coast."
Located on Dharawal land, in Port Kembla’s Inner Harbour, the project has supported about 200 jobs during construction and injected $27 million into the regional economy.
The terminal has the capacity to supply 500TJ a day - enough to meet all of NSW’s gas needs on a peak day or half of Victoria’s peak day demand.
Building out variable renewable energy generation, backed up by batteries and flexible gas, will deliver the lowest-cost new build energy option in time for the retirement of ageing coal power plants.
“I’d like to congratulate everyone involved with the PKET project and recognise this major milestone,” Mr Davis said.