ACE Energy, a consortium sponsored by ACCIONA, Cobra and Endeavour Energy’s investors, is pleased to announce that following a competitive process, it has been selected by the NSW Government (EnergyCo) as the first ranked proponent as Network Operator for the Central-West Orana (CWO) Renewable Energy Zone (REZ).
The CWO REZ covers approximately 20,000 square kilometres centred by Dubbo and Dunedoo, on the land of the Wiradjuri, Wailwan and Kamilaroi people. As New South Wales’ first renewable energy zone, it will be serviced by new transmission network infrastructure, including high-capacity transmission lines and energy hubs, which will transfer power generated by solar and wind farms to electricity consumers. This infrastructure will be critical for the successful operation of the REZ and will initially unlock at least three gigawatts of new transmission capacity within the next decade.
EnergyCo is leading the development of the REZ transmission network infrastructure in its capacity as the Infrastructure Planner for the REZs in NSW.
ACE Energy will now work closely with EnergyCo to finalise and enter into a Commitment Deed in Q3 2023. Until that time, EnergyCo reserves the right to recommence discussions with the second ranked proponent if EnergyCo considers it appropriate to do so.
To find out more about the CWO REZ project, visit: Central-West Orana Renewable Energy Zone
For more media information, contact: Vida Cheeseman M: 0410 597 547 or E: vida.cheeseman@endeavourenergy.com.au
About ACCIONA
ACCIONA is a global company and a leader in the provision of regenerative solutions for a decarbonized economy. Its business offer includes renewable energy, water treatment and management, eco-efficient transportation and mobility systems, resilient infrastructures, The company has been carbon neutral since 2016. ACCIONA recorded sales of €11.2 billion in 2022 and has a business presence in more than 60 countries: https://www.acciona.com
About Cobra
With more than 45,000 people in 70 countries, Cobra is a world leader in the development, operation and PPP investment of industrial and energy infrastructure. It has participated in over 110 PPP projects in recent years including transmission lines, desalination plants, wind and solar farms, and gas storage, with a combined asset value in excess of $20 billion worldwide. Cobra is a world leader in transmission development with more than 30,000 km of transmission lines delivered and 10,000 km operated and maintained in Europe, South America, Africa and Asia. Cobra also manages 14 operations and maintenance projects in Brazil as a TNSP through its associate entity company, CYMI, which is also involved in the CWO REZ project: www.groupocobra.com/en
About Endeavour Energy
Endeavour Energy is a NSW-based network service provider with experience in managing a 50,000km network bordering the CWO REZ regions, including 1,250km of HV line. Endeavour Energy’s asset and stability management strategies yield 99.999% reliability. Endeavour Energy serves 2.7 million people in its network area: www.endeavourenergy.com.au