Chemical Industry News, Data & Insights

Iberdrola to Develop Transmission Project in Australia

Key highlights
  • The VNI West project will connect Victoria and New South Wales with a 240km, 500kV line.
  • Construction is targeted for completion by 2030.
  • Iberdrola will collaborate with VicGrid on design and development.
  • The project aims to increase transfer capacity by up to 3.5GW.

Project Overview

The VNI West project aims to connect the states of Victoria and New South Wales in Australia through a 240km, 500kV double-circuit transmission line. This infrastructure is crucial for reinforcing the power grid and supporting Victoria's energy transition.

Timeline and Collaboration

The target completion date for the construction is set for 2030. Iberdrola, having won the tender, will work alongside government-owned VicGrid to design and develop the project. They will later submit a proposal to build, own, and operate the transmission line.

Capacity and Benefits

The project is expected to increase bidirectional transfer capacity by up to 3.5GW, unlocking renewable energy generation in both Victoria and New South Wales. It will also strengthen the Australian electricity grid, contributing to the country's decarbonization and energy security.

Development Phases

In the initial phase, Iberdrola will collaborate with VicGrid to define critical elements such as engineering design, financial and technical planning, and cost estimation. The company will also engage with local communities and support necessary authorizations related to the environment, cultural heritage, and regulations.