Energy Co - Who are they
The Energy Corporation of NSW (EnergyCo) is a statutory authority established under the Energy and Utilities Administration Act 1987 and is responsible for leading the delivery of Renewable Energy Zones (REZs) as part of the NSW Government’s Electricity Infrastructure Roadmap (the Roadmap).
The Roadmap sets out the NSW Government’s vision to coordinate investment in electricity transmission, generation, storage and firming infrastructure and transform the NSW electricity system into one that is cheap, clean and reliable.
In 2020, the Electricity Infrastructure Investment Act 2020 identified that EnergyCo will be appointed as the Infrastructure Planner for the State’s first five REZs in the Central-West Orana, New England, South West, Hunter-Central Coast and Illawarra regions.
As the Infrastructure Planner for these REZs, EnergyCo will recommend network infrastructure projects and will work closely with communities, investors and industry to coordinate investment in renewable energy generation, electricity networks and storage infrastructure in REZs for the long-term benefit of energy consumers, local communities and industry in NSW.
EnergyCo operates under the direction of the NSW Minister for Energy, with the EnergyCo Board providing oversight, expert advice and governance and assurance to support EnergyCo. In July 2024 Paul Binsted was appointed as Chairperson of the EnergyCo Board, which was established under amendments to the Energy and Utilities Administration Act 1987. The chair of the Board plays a critical role in the effective governance of EnergyCo to ensure successful implementation of the NSW government’s renewable energy plans.
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