AGL drop plans for SA pumped hydro project

AGL Energy has cancelled plans to develop a 250 megawatt pumped hydro project at a copper mine in South Australia’s Adelaide Hills region after failing to agree terms with its junior partner Hillgrove Resources.

The Australian is reporting the power giant proposed the scheme last April in a bid to boost storage for the state’s high renewable energy output by 2024.

The agreement gave AGL the right to develop, own and operate the proposed facility at Hillgrove’s 50-year old Kanmantoo copper mine after its owners first started studying the concept several years ago in the original hope of having a project up and running by 2021.

However, the pair failed to agree on a development that would allow AGL to develop the pumped hydro energy storage project while also allowing Hillgrove to start underground mining.

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