NWTD News - December 2023
The North West Transmission Developments (NWTD), being progressed by TasNetworks, include 240 km of new and upgraded transmission lines and other energy infrastructure that will increase the capacity of Tasmania's electricity network. Watch explainer video
New economic modelling highlights the benefits of NWTD
New expert economic modelling proves the benefits of the North-West Transmission Developments (NWTD) and Marinus Link significantly outweigh the cost.
Ernst & Young’s analysis indicates the first stage of Project Marinus will:
- Contribute $1.4 billion to the Tasmanian economy. That’s on top of the benefits of slashing emissions, boosting energy security, increasing telecommunications capacity, supporting new energy projects and keeping downward pressure on energy prices.
- Add approximately 1,400 direct and indirect jobs in Tasmania per year during the peak construction period.
In addition, draft results of a pricing study by FTI Consulting shows that the first stage of NWTD and Marinus Link is expected to reduce the wholesale energy cost component for a typical residential consumer bill by between $90 to $95 per year on average.
Taking these savings into account and network costs calculated by TasNetworks, a typical residential consumer is expected to save between $35 and $40 each year on average, once Project Marinus Stage One is operational.
IAP2 Core Values Award
TasNetworks achieved a Highly Commended award at the recent IAP2 Australasia’s Core Value Awards held in Brisbane. These awards recognise excellence in public participation and community engagement.
The award highlighted the development of a youth-centred, co-designed community benefits sharing program.
New fact sheet - Changes to project staging
The NWTD has been revised to deliver the project across 2 stages, focusing on the delivery of Stage 1 until a final decision is taken on the second Marinus Link cable. A fact sheet has been developed to explain these changes.
New fact sheets for agricultural landholders
To ensure agricultural landholders are well informed, we have developed new fact sheets with information regarding Fencing and operating Irrigators near Transmission Lines. These fact sheets are now available on our website.
Irrigators and Transmission Lines fact sheet
Fencing near Transmission Lines fact sheet
The Energy Charter
It has been 6 months since the Energy Charter launched its Better Practice Social Licence Guideline and TasNetworks, along with other Guideline collaborators, recently undertook an accountability check-in.
World Wind Energy Conference
The 21st World Wind Energy Conference was held in Hobart recently, highlighting Tasmania's exciting renewable energy potential. Engaging presentations were intertwined with conversations from experts from all around the world – providing an opportunity for our people to learn and benefit from their knowledge.
TasNetworks Annual Report
The 2022-23 Annual Report is now available on the TasNetworks website.
Got feedback? We're listening
Your feedback helps us to understand what is important to you and what we need to consider to achieve the best possible outcomes for the environment, landholders and the community.
For more information, visit our website
Phone: 1300 127 777
Email: NWTD@tasnetworks.com.au
