The Australian Energy Market Operator (AEMO) said that Queensland will need additional investments for its power generation sector to meet the predicted power deficit by 2013-2014.

According to AEMO’s report 2011 Electricity Statement of Opportunities, Queensland is the first region to need investments in power generation to maintain reliability of its power grid.

Based on medium economic growth, AEMO projects that Queensland will have a reserve deficit of 341 MW during periods of peak demand by 2013-2014. High economic growth would leave a deficit of 779 MW.

The report noted that Queensland has received interest from power firms to construct generation projects, including six natural gas-fired projects comprising over 3000 MW. Of these projects, ERM Power’s Braemer 3 will begin construction in January 2012.

Other proposed projects include the 504 MW Wandoan integrated black coal gasification combined cycle plant and the 37 MW Burdekin Falls hydropower plant from Stanwell Corporation. CS Energy has proposed the 250 MW Solar Dawn project and the 44 MW Kogan Creek solar thermal project, with construction to start in 2013.

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