Get all your news in one place.
100's of premium titles.
One app.
Start reading
Newcastle Herald
Newcastle Herald
National

Federal clean energy deal worth $8b: coal and gas cap debate in parliament

The NSW and federal governments have struck a $7.8 billion clean energy deal. (Lukas Coch/AAP PHOTOS)

NSW will power the nation's east coast clean energy grid as part of an almost-$8 billion deal with the federal government to boost its electricity infrastructure.

The $7.8 billion in joint funding - $4.7 from the Commonwealth's Rewiring the Nation Plan and $3.1 from the NSW Transmission Acceleration Facility - will back critical transmission and renewable energy zones projects that will plug Snowy 2.0 into the grid as well as creating nearly 4000 jobs.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.