Following a competitive selection process, Phoenix Pumped Hydro has been selected by EnergyCo and WaterNSW to receive feasibility funding to determine if it can support NSW energy security, help replace retiring coal-fired generation capacity, and support the achievement of the NSW Government’s renewable energy objectives outlined in the NSW Electricity Strategy.
The project is being supported by the NSW Government through WaterNSW’s Renewable Energy and Storage Program, and also through $7M in feasibility study funding by EnergyCo under its Pumped Hydro Recoverable Grants Program.