Australia backs $5bn Tasmania green energy hub plan

Top of Mt Amos over looking Wineglass Bay, Tasmania (Shutterstock)
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JEDDAH: Tasmania island will be turned into an energy hub capable of powering urban centers in the southeast of the Australian mainland, the country's government has confirmed.

The plan includes building hydro and wind-pumped power generation and transmission of electricity via a 250-kilometers submarine cable known as Marinus Link, according to Bloomberg.

It will cost up to $5.1 billion.

A large battery in Victoria, which connects dozens of Tesla Megapacks, will soon be commissioned while a similar sized unit in Jeeralan will be ready by 2026, Bloomberg reported citing Victoria Energy Policy Centre report. 

“Battery storage capacity will be built and operational in Victoria long before Marinus Link and the ‘Battery of the Nation’ developments in Tasmania are close to operational,” the report said.