SunCable, an Australian renewable energy specialist, will supply electricity to Asia via submarine cables.
Sun Cable announced on the twenty first (local time) that the ‘Australia-Asia Power Link’ project received approval under the Australian government’s Environment Protection and Biodiversity Conservation Act (EPBC).
The project goals to attach Darwin in northern Australia with Singapore via a 4,300-km submarine high-voltage direct current (HVDC) cable, delivering about 4 gigawatts (GW) of green power to Darwin’s industries and 1.75 GW to Singapore businesses.
Also planned is a large-scale solar energy plant of as much as 10GW and energy storage at Powell Creek in Queensland.
A high-voltage direct current transmission network of roughly 800 km shall be built to Mulumzooq, northeast of Darwin. On the Darwin substation, the high-voltage direct current shall be converted into high-voltage alternating current (HVAC) for supply, after which converted back into high-voltage direct current for transmission to Singapore.
Sun Cable plans to determine on the dimensions of investment by 2027 and start supplying electricity within the early 2030s.
The project is anticipated to offer economic value price greater than 20 billion Australian dollars (about 18 trillion won) to Northern Australia through the construction period and 35 years of operation. Roughly 6,800 direct and indirect jobs shall be created annually through the construction period, and 14,300 people shall be employed during peak season.
Sun Cable said it had already obtained environmental approval from the federal government in July and plans to proceed negotiations to succeed in an Aboriginal land use agreement in the longer term.
He added that “we’re in discussions with the Singapore Energy Market Authority for conditional approval of the submarine cable connection elements, and can proceed with regulatory and permitting procedures with the Indonesian government to confirm the submarine route.”
Reporter Lee Yu-seon energy@aiitmes.com
