A study released this week by Leyshon Resources Ltd. shows potential for an up to 40 MW pumped-storage hydroelectric plant at Mount Leyshon in Queensland.
The plant would use existing reservoirs and support a project with a capacity of up to 20 MW using current infrastructure, or up to 40 MW with what Leyshon Resources calls “modest upgrades”.
The Mount Leyshon plant is a response to studies indicating the state could require new power generation capacity as soon as 2017, with peak electricity demand forecast to grow at more than 3% annually through the next decade.
According to Leyshon Resources, the unit cost of production at a Mount Leyshon pumped-storage hydropower project would compare favorably to a larger-scale open-cycle gas turbine plant, while also offering other ancillary benefits as well.
The report also suggested a strategic partner be identified to manage market risk and determine the commercial viability of the project by securing a partnership with a power developer or distributer.
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