South Australia

31 EOIs received for construction of SA Government-owned gas power plant

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FOLLOWING a two week expression of interest process, the South Australian Government last week announced that it has received 31 submissions from groups interested in building a 250-megawatt government-owned gas power plant.

It comes as the government marks one month since the release of the energy plan, 'South Australian Power for South Australians'. During this time, 90 expressions of interest have also been received to build the nation's largest battery and State Parliament has passed legislation that includes new Ministerial powers to direct the energy market.

Torrens Island Power Station, Adelaide
Above: Torrens Island Power Station, Adelaide / by Michael Coghlan.

The $550 million plan aims to increase energy security, boost competition and put downward pressure on prices. The plan will also ensure more of the State's power is sourced, generated and controlled in South Australia.

"We didn't just release a plan, we've been implementing it. In just one month, we've completed two separate Expression of Interest processes, and we've been encouraged by the strong response from across the country and around the world," Premier Jay Weatherill said.

"We've also legislated new powers to take back control of the energy market. Our plan is all about self-sufficiency. It's about South Australia standing on its own two feet. We've made strong progress, but there is still more to do as we continue to take charge of our energy future."

Energy Minister Tom Koutsantonis said the gas power plant will be owned by South Australians and provide stand-by power for the state in times of emergency. The gas power plant is budgeted to cost $360 million.

Photo: Torrens Island Power Station, Adelaide / Michael Coghlan / Licensed under Creative Commons BY-SA 2.0 / Photo has been cropped.

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