Australian Industrial Energy (AIE) is developing NSW’s first energy import terminal at Port Kembla near Wollongong.
The Port Kembla Energy Terminal will deliver a new source of energy to the market to meet predicted supply shortfalls and could supply more than 75% of NSW’s gas needs.
It is estimated the Project will create around 130 – 150 jobs during construction and between 40 – 50 ongoing roles.
The NSW Government granted Development Consent for the Project in April 2019 and a Modification to the original Development Consent was approved in April 2020.
The Modification will allow the Project greater operational flexibility and the ability to better satisfy the market’s need for more gas volumes during cooler months.
The Federal Government has identified a secure, affordable supply of energy as a key component of Australia’s post-COVID-19 economic recovery.
The PKET is the project best placed to deliver substantial quantities of gas into the east coast gas market in the timeframe required to support this recovery.
Squadron Energy is also advancing the development of the proposed Port Kembla Power Station to be located adjacent to the PKET. To become Australia’s largest dual-fuel (gas and green hydrogen) power station, the project will utilise 21st century technology to produce safe, reliable and lower emission electricity to support the rapidly growing energy needs of NSW. More information about the Power Station can be found here.
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