Equinor and Oceanex have been preliminarily offered a feasibility licence for the potential Novocastrian Wind project within the Hunter offshore wind zone.
Should the project go ahead, it could generate over 2GW of electricity, equivalent to powering 1.2 million homes.
Minister for Climate Change and Energy Chris Bowen will conduct further consultation with applicants and First Nations groups before a final decision is made.
If feasibility for the Novocastrian Wind project is proven, the developer can then apply for a commercial licence to build an offshore wind project to generate electricity commercially.
“The Hunter has been an industrial and economic powerhouse for generations, and my decision today is a big step towards providing that powerhouse with reliable renewables,” Minister Bowen said.
“The project I’ve shortlisted offers the biggest rewards for the Hunter and Australia – supporting our workforce and energy security, protecting our environment and sharing our marine space with the people and industries who rely on it today.”
Member for Newcastle Sharon Claydon said that there is no other region as well placed as Newcastle to take advantage of the opportunities presented by renewable energy and the offshore wind industry.
“Newcastle’s world class infrastructure, our deepwater port, skilled workforce, abundant resources and energy smarts means our region is poised to lead this transformation,” Claydon said.
“A new offshore wind industry in Newcastle means new jobs in local manufacturing, construction, maritime, transport and logistics industries, as well growing our vocational education and training pathways – at TAFE and University.”
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