Member for Kiama Gareth Ward has today announced that local households and businesses in the Kiama electorate will be rewarded for modifying their power consumption this summer through demand management.
Mr Ward said that four pilots are being co-funded with the Australian Renewable Energy Agency (ARENA) to free up electricity supply during peak periods.
“Our Government’s $7.2 million investment in this initiative is another step to ensuring a reliable electricity supply for our region,” he said.
“This program will deliver 61 MW of spare capacity for NSW this summer and ramp up to 80 MW by year three of the pilot.
“The program rewards participating households and businesses that voluntarily reduce their consumption through batteries and smart appliances.
“These initiatives will see advanced technologies introduced to thousands of NSW homes and businesses to help them save energy and money.
“The NSW Government is acting to minimise the risk of disruption to household electricity supply during high demand periods this summer,” Mr Ward said.
Energy retailers AGL, Energy Australia, Flow Power and demand response aggregator Enernoc are the successful NSW applicants.
The demand response trial is being jointly run with the Australian Energy Market Operator (AEMO) across NSW, Victoria and South Australia, with a total of 200 MW of electricity to be available by 2020.