AGL is a leading integrated energy business that has been operating for more than 180 years and has a proud heritage of innovation. Its total capacity of 10,413 MW accounts for approximately 20% of the total generation capacity within Australia’s National Electricity Market.
As part of AGL’s long-standing commitment to providing a secure and reliable energy system for NSW, the proposed Newcastle Power Station project supports future goals towards a renewable energy mix and AGL’s plan to support firm generation capacity for renewable energy sources.
The proposed project, valued at approximately $400M, will be a ~250MW dual fuel, fast-start peaking power station in Tomago, between Old Punt Rd and the Pacific Highway in NSW, within the Port Stephens local government area. This site is close to AGL’s existing Newcastle Gas Storage Facility, in an industrial area previously approved for a power station.
The power station can be turned on during peak demand periods or whenever renewables aren’t available.
The modern, responsive technology is more fuel efficient and less carbon intensive than other existing schemes.
AGL’s aim is for the power station to start construction at the beginning of 2021 and be operational by the end of 2022.
Newcastle Industry Briefing completed on 29 November 2019
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