MGT 2.78% 18.5¢ magnetite mines limited.

EnergyConnect finishes construction in SA - Utility...

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    EnergyConnect finishes construction in SA - Utility Magazine

    https://hotcopper.com.au/data/attachments/5876/5876273-e5e733eb096194521802b2f9c17bb280.jpg

    Construction has been completed on the South Australian section of the new high-voltage transmission line, Project EnergyConnect, which is set to run between South Australia and New South Wales. “The interconnector strengthens South Australia’s position as a leader in the transition to a low-carbon economy and enhances our ability to export our abundance of renewable energy resources,” Mr Emms said.

    Mr Emms said that ElectraNet’s transmission line contractor Downer delivered the 384 new transmission towers and associated stringing works, and Consolidated Power Projects delivered the new Bundey Substation.“We also had a large amount of work completed by South Australian and Riverland based businesses including concrete, accommodation, logistics, fuel and staff and equipment hire. Inter-network testing of Stage 1 of the new interconnector is scheduled to begin following construction completion of Stage 1 works on the New South Wales side by Transgrid by April 2024, with release of up to 150MW of power transfer capability by July 2024, subject to successful testing.Release of the full transfer capability of up to 800MW is planned for mid-2026, following Stage 2 construction completion in New South Wales by Transgrid, subject to Stage 2 inter-network testing."

    Well we only need 275kw for stage 1 (5mtpa) so we will have renewable electric pouring out of our ears. Why is renewable energy important you say? MGT ticking boxes...

    "No green power, no project:" Can Australia compete on green steel? | RenewEconomy

    https://hotcopper.com.au/data/attachments/5876/5876329-26024ef4e74c12e97f84e98783c60841.jpg



 
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