The Australian Renewable Energy Agency announced this week it will place $4 million into a hydroelectricity feasibility study that seeks to reinvent what was once the Kidston Gold Mine. It is expected, once completed, the project will be able to deliver 330 MW of power during peaks of high demand through a dual-system of recycling reservoirs. Disused mine pits will transfer water between each to generate electricity. The capacity of hydro scheme to provide on-demand electricity will allow for the growth of alternative renewable energies, as the issue of consistent base load power is minimised. The project is expected to cost $282 million and is expected to be operational from 2019.
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