The upgrade of a NSW coal-fired power station is among a dozen energy projects the Morrison government will consider underwriting to deliver on its pledge to deliver more reliable affordable power.
The Sydney Morning Herald is reporting Prime Minister Scott Morrison recently announced cabinet had whittled expressions of interest from 66 energy projects down to a shortlist of 12, which it will consider further before making a final decision.
It will also investigate power projects in north and central Queensland to shore up reliable supplies to heavy industry, including a proposal to revive a decommissioned coal plant at Collinsville.
The 12 projects on the shortlist span gas, hydropower and one “very small project” to upgrade the Vales Point coal-fired power station at Lake Macquarie in NSW.
Others include gas projects in East Gippsland and Dandenong in Victoria and Port Kembla in NSW, as well as renewable pumped hydro projects in Armidale, NSW and elsewhere across the country.