Gold miner Evolution Mining, in cooperation with financial consultancy ICA Partners, is developing the Mt Rawdon Pumped Hydro Project in the Australian state of Queensland.
The plan is to use an enormous pit dug from decades of mining at Evolution Mining’s Mt Rawdon gold mine as the lower reservoir in the pumped hydro facility. The low-grade gold mining operation there is scheduled for closure in 2027.
The Mt Rawdon project aims to provide 2 GW of energy for 10 hours. The full feasibility study for the project is already underway and is set for completion by mid-2023. Queensland’s Coordinator-General has declared it a “coordinated project,” which will help to streamline and expedite development.
Like all pumped hydro projects, the plan is expected to be expensive, but the company’s executive chair, Jake Klein told The Australian last year that the Queensland government might be interested in acquiring the project, if the feasibility study shows enough promise.
To continue reading please visit our pv magazine Australia website.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.