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Renewables, Climate and Future Industries Tasmania

Register of interest

The Tasmanian Government’s Register of Interest (ROI) is a strategic action of the state’s Renewable Energy Coordination Framework and will assist in the identification of Tasmania’s first Renewable Energy Zone and investigations into support mechanisms that may be needed to achieve the Tasmanian Renewable Energy Target (TRET) of 200% by 2040.

Why undertake the ROI

Tasmania legislated the word leading Tasmanian Renewable Energy Target (TRET) in 2020. The TRET seeks to reach 150 per cent of 2020 levels through renewable electricity generation by 2030 and 200 per cent by 2040.

Managing the scale and pace of renewable energy growth to achieve the TRET requires significant forward thinking and planning. The ROI will help support this planning, and in turn will help to maximise the benefits to Tasmania of the renewables vision including jobs, training, and increased investment in regional areas.

The ROI was open from 15 June 2022 to 13 July 2022.

Who participated?

The ROI sought responses from generation and load projects seeking to utilise Tasmania’s world leading renewable energy resources. Specifically, the ROI encouraged response from:

  • Renewable electricity generation projects (including offshore developments) of 10 MW or greater;
  • Industry/businesses with new or increased electrical loads of 1MW or greater; and
  • Existing load proponents looking to source electricity from new renewable projects.

Submissions were sought from projects in the very early stages of development, all the way up to well advanced or existing projects. A total of 31 submissions were received through the ROI, with 52 projects submitted.

Key findings

The ROI identified significant interest in Tasmania’s renewable sector.

Commercial interest was registered in:

  • 15 onshore and 4 offshore wind projects;
  • 3 solar projects;
  • 2 mini-hydro projects;
  • 10 battery storage projects;
  • 12 new load projects, including hydrogen developments; and
  • 6 existing load customers seeking to expand.

The ROI collectively identified a large quantum of potential renewable energy generation (28GW), storage projects (2.6GW) and load projects (4.7GW) seeking to harness Tasmania’s renewable energy resources.

These projects are at different stages in their development, some currently conceptual with planned commissioning dates more than a decade away, while others are well advanced through the approvals process and can support short to medium term load projects.

The ROI identified more than 7GW of potential renewable energy currently seeking approval and aiming to have commenced commercial operation by the end of 2030. This is significantly more than the amount of new generation required to meet the TRET’s interim target.

Next steps

Renewables, Climate and Future Industries Tasmania (ReCFIT) as REZ Coordinator will consider the findings of the ROI as part of the technical design, planning and further market engagement on the establishment of Tasmania’s first REZ and investigation into potential TRET achievement mechanisms.

It will also inform how to best sequence transmission, generation and load so the opportunities of renewables are maximized for the benefit of Tasmanian communities.

If you would like to register additional interest, please email ReCFIT.ROI@recfit.tas.gov.au