The ACT continues to be a major driver for the national wind industry, with two new wind farms winning power purchase agreements this week.
The ACT announced what Environment Minister Simon Corbell said was the “final piece” of the plan to achieve 100 percent renewable generation by 2020, confirming agreements with stage 2 of the $200 million Crookwell Wind Farm in NSW and stage 3 of South Australian’s Hornsdale project.
“These two wind farms will lift our renewable energy percentage to 100 percent by 2020 and secure the achievement of our emission reduction goals in that year,” said Corbell.
Crookwell is being developed by Union Fenosa of Spain, and is due for completion in September 2018.
The 28 turbine project is located 30 kilometres north-west of Goulburn and will bring an estimated $125 million in benefits to the ACT and the region.
Hornsdale in South Australia is being development by Neoen of France and Megawatt Capital. Located around 150 kilometres north of Adelaide it comprises 35 turbines.
Prices for the power under the agreements show that the price of wind energy is falling, with the Hornsdale price fixed for 20 years at $73/MWh and at $86.60/MWh for Crookwell, a record low for NSW.