01/06/2026
EnergyCo are ploughing on with the (estimated) $10-20B New England REZ, despite clear signals that generation developers are leaving the REZ. It is only the unfunded speculators that remain.
Should they reassess? Of course they should. Will they? Not according to deputy Director of NE REZ Julian Watson - in a recent response to V4W.
"New England REZ network infrastructure is being planned based on the overall network capacity required to be delivered rather than specific updates from individual projects."
In other words, if there is NO generator interest, NO developers, NO hope of a project, then EnergyCo will still go ahead and develop this REZ to 8GW transmission capacity - coz that's my job!
This highlights the blind arrogance of EnergyCo ploughing ahead, despite no projects. This cost added to all NSW power bills, with no assurance of power generation from the New England.
Penny Sharpe MLC Chris Minns , this is wastefull, reckless and needs intervention.