Bold or bonkers: A $12b plan to build a transtasman electricity cable

Bold or bonkers: A $12b plan to build a transtasman electricity cable
Taslink wants to build a submarine electricity cable where only telcos have so far dared to lay. (Image: Getty)
Ian Llewellyn
An ambitious $12 billion plan to lay a cable between Australia and New Zealand to import and export electricity between the countries has reached its next stage.The company behind the idea, Taslink, said proof of concept work on the project had shown it was feasible, and it was seeking funding for the product development phase.The proposal is to lay a transtasman undersea high-voltage direct current (HVDC) cable stretching 2,600 kilometres between the two countries, with a maximum depth of nearly 5km.The concept is not new.A similar cable...

More Energy

The push for a 14% infrastructure tax rate
Infrastructure

The push for a 14% infrastructure tax rate

Corporates chase 14% tax rate on infrastructure and more deductions for foreign borrowers.

Gentailers results show loss of confidence in gas
Markets

Gentailers results show loss of confidence in gas

The lessons of last winter will be tested in the coming months.

Ian Llewellyn 03 Mar 2025
NZ-Australia offshore wind collaboration launched
Energy

NZ-Australia offshore wind collaboration launched

The deal looks to capitalise on market opportunities in Australia and New Zealand.

John Anthony 03 Mar 2025
Diesel generation: A-back-to-the-future option
Markets

Diesel generation: A-back-to-the-future option

If the sector wants it, Channel can build it.

Ian Llewellyn 27 Feb 2025