Evaluating the commercial viability of a northern outback Queensland meat processing facility.
Study and Report jointly prepared by Meateng, Felix Domus and Tim Hoffman Advisory Meateng Pty Ltd. 8 Montrose Street, Hawthorn East, Victoria 3123, AUSTRALIA
A Report for the Bynoe CACS
By John Lever, Koorana Crocodile Farm
Electricity energy generation in a pumped storage scheme works much like conventional hydroelectric schemes. In periods of high demand, electricity is generated when water is released from an upper reservoir through turbine generators and into a lower reservoir. Unlike conventional hydroelectric schemes, the water is not discharged from the lower reservoir but is instead pumped back to the upper reservoir during off-peak hours by drawing electricity from the grid. (ie similar to the Wivenhoe Pump Storage and Snowy’s Tumut 3).
Why invest? Long life infrastructure asset benefiting from the growth of renewable energy and rising gas prices in Queensland