Sydney, 8 September 2022 – BlueFloat Energy and Energy Estate are thrilled to announce that we have expanded the proposed capacity of the Greater Gippsland Offshore Wind Project from 1.275GW to 2.085 GW. The project is located in the Bass Strait off the coast of Gippsland in Victoria, which last month was declared by the Australian Government as the first area to be assessed for suitability for offshore wind developments.
“It’s no surprise that Gippsland was selected as the first declared area given the region´s obvious advantages – excellent wind resources, a strong skills base with a maritime heritage, a long history of industrial development, and it is home to a well-established offshore energy industry already” said Nick Sankey, Country Manager for BlueFloat Energy.
“Projects like the Greater Gippsland Offshore Wind Project will build on the momentum for the accelerated retirement of brown coal-fired power stations and complement the existing and planned transmission infrastructure investments in Gippsland. There is also clear political will and a strong appetite for the necessary renewables-led economic evolution that is coming; this was extremely evident at the successful and well attended Gippsland New Energy Conference held in Sale in August,” said Mr Sankey.
The increase in the capacity of the Greater Gippsland Offshore Wind Project to over 2GW results from our detailed analysis of the investigation area announced in 2021 and its potential for offshore wind. It takes into account the proposed offshore zone area, available grid capacity, accelerated retirement of coal fired energy generation and the Australian Government’s support for an increasing but orderly transition to renewable energy. The water depth at the Greater Gippsland Offshore Wind Project means that bottom-fixed technology will be used for this project.
“The expansion of our Gippsland project is aligned with the Victorian Government’s ambitious target for offshore wind generation” says Simon Currie, Founder of Energy Estate. “It demonstrates BlueFloat Energy and Energy Estate’s commitment to the development of large-scale projects, which can enhance long term energy security in Victoria and across the National Electricity Market (NEM).“
We are excited that the Australian Government announced 5 more zones across Australia, and we encourage everyone to make a submission by 7 October 2022 to the Government’s consultation on the suitability of the Bass Strait off Gippsland as the first declared offshore wind zone https://consult.industry.gov.au/oei-gippsland.
BlueFloat Energy and Energy Estate have a portfolio of offshore wind projects in development in Australia including the Hunter Coast Offshore Wind Project and the Wollongong Offshore Wind Project in NSW and the Southern Winds Offshore Wind Project in Victoria. The partners are also assessing further sites for large scale offshore wind projects across Australia.
About BlueFloat Energy
BlueFloat Energy is developing offshore wind projects in various regions of the world, where it can implement its vision: to accelerate global deployment of offshore wind as a key enabler for the energy transition and economic growth. Founded by renewable energy professionals, BlueFloat Energy brings together remarkable team expertise in the design, development, financing, construction and execution of offshore wind projects.
For more information please visit: https://bluefloat.wpengine.com
About Energy Estate
Energy Estate’s mission is to accelerate the transformation of the energy sector and the decarbonisation of industry. We are developing and accelerating a portfolio of renewable energy, storage and green hydrogen projects in Australia, NZ, US and other markets. A key driver for Energy Estate is supporting the communities in which we operate and delivering enduring and positive social and economic outcomes for the traditional owners and all stakeholders. We believe in the reindustrialisation of industrial communities with low-carbon solutions.
For more information please visit: http://energyestate.com