The Australian Energy Market Operator has given the green light to the state’s steel spiral tubes.
Key points:The project will cost about $50 millionThe tubes will have two metres of copper tubing and will be installed on the Queensland Power NetworkThis is expected to generate about $1.4 billion in electricity in the state in the next 10 yearsThe project, which has been in the works for years, will be built by the South Australian-based company, Energy Services, and is expected create about 1,000 direct jobs and a further 600 indirect jobs through the construction and operation of a network of underground power lines and substations.
A key benefit of the project is that the steel tubes will be less expensive than conventional tubes.
Steel spiral tubes are a new type of tube, similar to a “double-edged sword” in that they provide an electrical transmission line that can carry electricity from the grid to the power network.
The tubes are used in Australia’s large electric transmission networks and provide a flexible solution to the high cost of a conventional transmission line.
They have also become popular in Australia, where a steel spiral is the preferred option for delivering power to remote areas.
In the US, Australia’s biggest electric transmission network, the Southern California Edison system has been using the tubes for years.
It was reported that South Australia is set to join the list of states joining the International Energy Agency’s (IEA) International Energy Facility in 2020.
The project has also been endorsed by the State Government’s Infrastructure Planning and Investment Review, which was published in June this year.
“The State Government has committed to supporting a $50m infrastructure fund to invest in new high-voltage transmission infrastructure in the SA region,” the document states.
“The project is expected cost about one-third of that in the current capital funding formula and will also generate around $1 billion in additional economic activity.”
The state’s Department of Energy and Climate Change said the project would have to be approved by the Federal Government.
“It will be delivered through the State Energy Investment Agency and approved by an independent review body,” the Department said.
“However, the project will be eligible for a concessional financing program under the Federal Infrastructure Fund, which provides funding for infrastructure projects that meet state and federal performance requirements.”
These projects are expected to deliver at least $1bn in new jobs and the state government is committed to continuing to support these projects.””
The government has made the decision to support the project through the funding mechanisms provided under the federal Infrastructure Fund.
The Federal Government will ensure that a suitable and cost-effective solution to this project is built.
“The project was first proposed in the early 1990s, but was abandoned in 2001.
Energy Services is currently building a copper tube network along the coast of Western Australia, and the project has been supported by the WA Government.
It is estimated the project could create as many as 50 indirect jobs for the state.
The state will receive an initial payment of about $30 million from the federal government.
The Queensland Government will pay the rest of the cost, which will be split between the state and the private sector.
The State Infrastructure Commission is expected in the coming months to release a new report that will look at the project.
Topics:energy-and-utilities,energy-management,government-and/or-politics,projects,state-parliament,energy,south-australia,yorumba-4870,qld,tas,brisbane-4000,lismore-6470,brisbanon-4570,dunedin-4530,lincoln-3890,kingston-3770Contact Josh BlevinsMore stories from South Australia