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ARTICLE · 25 OCTOBER 2021

New England Renewable Energy Zone (REZ) – Draft declaration on public exhibition

Piper Alderman
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The Renewable Energy Zone (REZ) strategy is part of the NSW Government's Electricity Infrastructure Roadmap.

AustraliaEnergy and Natural Resources
Margot King
Margot King
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The New South Wales Government has finalised the draft declaration of the New England Renewable Energy Zone (Draft Declaration) and it is now on public exhibition for feedback until 12 November. The Draft Declaration is the first step in formalising the New England Renewable Energy Zone under s19 of the Electricity Infrastructure Investment Act 2020 (NSW) (the Act).

The Renewable Energy Zone (REZ) strategy is part of the NSW Government's Electricity Infrastructure Roadmap. The aim is to encourage a cluster of renewable generators in an area, and in doing so, to capitalise on economies of scale for the development of network infrastructure. 'Long-Term Energy Service Agreements' (LTES Agreements) will encourage investment by giving long term revenue certainty and minimum pricing through derivative arrangements.

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