• About
  • Advertise
  • Subscribe
  • Contact
  • Events
Sunday, June 15, 2025
Newsletter
SUBSCRIBE
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
No Results
View All Results
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
No Results
View All Results
Home News

Government underwrites two new generation projects

by Charlotte Pordage
January 7, 2020
in Electricity, Gas, News, Policy, Projects
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter

The Australian Government has agreed to underwrite the first two projects from the shortlist of the Underwriting New Generation Investments program (UNGI) and set out the initial support terms.  

The first project, APA Group’s proposed 220MW gas generator in Dandenong, Victoria, will provide much-needed fast-start generation to balance the significant increase in intermittent renewables in the state.

The second project, Quinbrook’s proposed 132MW gas generator in Gatton, Queensland, will provide new capacity to help meet peak periods in both Queensland and New South Wales, increase competition and compliment the Commonwealth and NSW Government’s QNI interconnector upgrade.

Minister for Energy and Emissions Reduction, Angus Taylor, said the projects are well advanced, have demonstrated financial viability, and would secure the grid and put downward pressure on prices.

“We are taking action to bring power prices down and keep the lights on,” Mr Taylor said.

“We are working to deliver an energy system that isn’t a roadblock to businesses growing and employing more people and that isn’t stinging family hip-pockets.

“The government will now enter detailed underwriting and contractual negotiations with the project proponents ahead of their financial investment decisions.”

The selection of the two projects was based on expert advice and careful consideration of the potential impacts. Consideration included the stage of development, the financial viability and the benefit to energy market customers of the projects.

Final agreement is expected to be reached in 2020, with construction to commence shortly after the projects secure private sector finance.

Related Posts

AS4044:2024 sets the benchmark for critical power systems. Image: Century Yuasa

Compliance for critical power

by Katie Livingston
June 13, 2025

As the demand for resilient power solutions grows, ensuring battery charger safety, compliance and reliability for stationary applications is critical....

Inflow and infiltration can be difficult to tackle, but every little bit helps. Image: ISC Services

The flow-on effect

by Katie Livingston
June 13, 2025

Wastewater networks are home to a plethora of assets, often of varying ages and materials, so tackling inflow and infiltration...

Image: Maryna/stock.adobe.com

Landmark projects to be unveiled at Converge 2025

by Sarah MacNamara
June 13, 2025

Tier 1 contractors are set to take centre stage at Converge 2025, with the country’s most ambitious utility, infrastructure and...

Please login to join discussion

Read our magazine

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
Utility is the title of choice for decision makers at all levels of water and energy utilities, as well as other major players like consulting engineers and first-tier contractors. Utility is integrated across print and online, and explores the biggest news and issues across the utility industry. It is Australia’s only dedicated utility magazine, and covers all areas of the utility sector, including water and sewer, gas, electricity, communications and the NBN.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Utility

  • About
  • Advertise
  • Subscribe
  • Contact
  • Digital magazine
  • Events
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • News
  • Water
  • Electricity
  • Projects
  • Water and Wastewater Treatment
  • Spotlight
  • Civil Construction
  • Renewable Energy

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
SUBSCRIBE
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
  • About
  • Advertise
  • Subscribe
  • Contact

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited