Australia’s largest wind farm is set to begin construction following Queensland Energy Minister, Dr Anthony Lynham, officially turning the first sod on the Powering Australian Renewables Fund’s (PARF) $850 million Coopers Gap Wind Farm project today.
The 453 megawatt (MW) Coopers Gap Wind Farm, located approximately 250 km west of Brisbane, will produce approximately 1,510,000 megawatt hours (MWh) of renewable energy annually. This is sufficient to power more than 260,000 average Australian homes once fully operational in mid-2019.
An increasing amount of renewables, together with the progressive closure of older and more emissions intensive plants, is key to reducing electricity sector emissions. The emissions intensities of AGL’s wind farms, as calculated under the National Greenhouse and Energy Reporting (NGER) Scheme, are characteristically very low, with the only associated emissions arising from minor fuel and electricity use. The renewable energy produced from Coopers Gap Wind Farm’s 123 turbines will reduce CO2 emissions by 1,180,000 tonnes annually, equivalent to taking 340,000 cars off the road.
The project was developed by AGL and achieved a final investment decision by PARF in August 2017. PARF is aiming to develop approximately 1,000 MW of large-scale renewable energy projects to be operated and managed by AGL. It is a partnership between AGL (20 percent) and QIC (80 percent, on behalf of clients the Future Fund and the QIC Global Infrastructure Fund). PARF’s scope represents 20 percent of the estimated 5,000 MW of new renewable generation capacity required by 2020 to meet the Federal Government’s Renewable Energy Target.
See the full media release here