AEMO Services has commenced its inaugural tender process for Long-Term Energy Service Agreements (LTESA’s), to select projects capable of delivering cost effective energy infrastructure to NSW electricity consumers. Projects across NSW are encouraged to apply, including those seeking to connect to existing transmission and distribution infrastructure, or obtain access rights, in a declared Renewable Energy Zone. The tender has an indicative size of 2,500 GWh of annual generation and 600MW of long duration storage.
The Draft Tender Pack was released in July 2022. Parties can now register their interest before the tender opens on 4 October, which will take bids until 5:00PM AEST on 28 October 2022.
Event / Action
|August 2022||Tender registration date – proponents must register with AEMO to receive communication updates and provide responses to the Proponent Eligibility Criteria.|
|4 October 2022||Tender commencement date|
|28 October 2022
|Project bid closing date and time|
|Mid December 2022||Invitation to submit financial value bid|
|Late January 2023||Financial Value Bid closing date|
|March – April 2023||Notify unsuccessful proponents|
|March 2023||Announce selected bids|
Please click here for more information and to access the Draft Tender Pack, which includes:
- Draft Tender Rules;
- Draft Tender Guidelines; and
- template long form agreements of the Generation and Long-Duration Storage LTESAs and the Project Development Agreement.
If you are interested in tendering or have further questions on the process, please get in touch with Matt Baumgurtel or another member of the Hamilton Locke New Energy team.
Matt Baumgurtel leads the New Energy sector team at Hamilton Locke.
David O’Carroll is a senior associate in Hamilton Locke’s New Energy team.
Megan Chau is a graduate in the Hamilton Locke New Energy team.
Rahul Tijoriwala is a paralegal in Hamilton Locke’s New Energy team.