‘Rewiring the nation’ plan expected to create ‘thousands’ of jobs under state and federal commitment
NSW renewable energy zones and the Snowy Hydro project will be plugged into the grid under a deal between the federal and NSW governments.NSW renewable energy zones and the Snowy Hydro project will be plugged into the grid under a deal between the federal and NSW governments.New South Wales’sand the Snowy 2.0 hydro project will be plugged into the grid under a landmark $7.8bn agreement between the federal and NSW governments.
The prime minister said thousands of jobs in the renewable energy sector will be created under the plan, as well as more reliable and affordable energy along the eastern seaboard.“The commonwealth has worked hand in glove with the states and territories to shield Australian households and businesses from the worst impacts of the energy crisis caused by Russia’s illegal invasion of Ukraine,” Albanese said.
He said support for critical infrastructure, like the Sydney Ring transmission link, the VNI West interconnector and HumeLink line – which are all included in the scheme – would help to “transform Australia into a renewable energy superpower”. Perrottet said the plan would support projected private investment in regional energy infrastructure of $32m over the next eight years.
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