Coal power champion Trevor St Baker’s Delta Electricity is to move swiftly into the pumped hydro sector after securing South Australian government approval for a 230-megawatt project near Port Augusta that is following a fast-tracked development process.

The $410 million Goat Hill project, being built by Delta together with Altura Group, will provide “reliable and affordable” energy storage to complement a state that has seen major growth in renewable energy and a reliance on high-cost gas generation, Delta managing director Greg Everett said.

Published in Financial Review, 2nd May, 2018

http://www.afr.com/business/energy/electricity/delta-electricity-in-410m-pumped-hydro-push-20180502-h0zj1h