The Eraring Power Station (EPS) continues to be a focal point of discussion for the Lake Macquarie community, particularly as plans for its transition and future use evolve. The Eraring Power Station Community Forum (#8), held on 6 November 2024, brought together local business leaders, government representatives, environmental groups, and community organisations to review the latest developments regarding the station’s operational extension, environmental initiatives, and economic transition strategies.
Extension of Eraring Power Station Operations
EPS, originally scheduled for closure in 2025, has been granted an operational extension until August 2027 under an agreement with the New South Wales Government. This extension allows additional time to plan for economic transition while ensuring energy security for the region. Key updates include:
- Ongoing joint studies with the NSW Government to assess long-term sustainability and repurposing opportunities.
- Maintenance and upgrades to ensure reliability over the next three years, including turbine overhauls, generator refurbishments, and emissions-reduction enhancements.
- Ash dam management, with daily monitoring in place to ensure the station can operate within environmental limits until closure.
Battery Energy Storage System (BESS) Development
A critical component of Eraring’s transition strategy is the development of a large-scale Battery Energy Storage System (BESS), which will support the integration of renewable energy into the grid. Updates from the forum indicate:
- Stage 1 of the battery storage system remains on track for completion by late 2025, with storage capacity equivalent to 17,000 electric vehicles (EVs).
- Stage 2 construction is scheduled to commence in early 2025, doubling the site’s total capacity to support energy stability.
- Fire safety enhancements have been implemented, including the installation of a 100,000-litre water tank, exceeding regulatory requirements.
- The battery system operates at an 85% efficiency rate, charging primarily from solar energy during the day and discharging during peak demand periods.
Planning for Eraring’s Closure and Repurposing
The forum provided insights into the Eraring Closure Master Plan, which outlines a strategic framework for the site’s future beyond its operational life. The planning process, guided by environmental and economic considerations, identifies three key themes for redevelopment:
- Energy – Potential for renewable energy generation, battery storage expansion, and grid-supporting infrastructure.
- Industry – Opportunities for advanced manufacturing, circular economy initiatives, and sustainable resource recovery.
- Technology – Innovation in energy solutions, research facilities, and skills development programs.
Key considerations include:
- Environmental management, particularly the impact on local wildlife, including the sea turtles inhabiting the area.
- A long-term transition plan, with portions of the site not expected to be repurposed for at least 10 years following decommissioning.
- Stakeholder consultation, ensuring local businesses, government agencies, and community groups have input in the transition process.
Community Investment and Economic Diversification
The EPS Community Investment Program has received 166 funding applications, totalling over $5 million in requested support. With funding priorities evolving, the forum identified key focus areas:
- Renewable energy and sustainability – Solar panel installations, battery storage for community facilities, and energy efficiency initiatives.
- Affordable housing and social services – Mental health programs, affordable housing projects, and increased community transport services.
- Environmental protection – Conservation initiatives, rehabilitation of local ecosystems, and expanded recycling infrastructure.
- Economic transition and job creation – Training programs for displaced workers, support for small and medium-sized businesses, and innovation in sustainable industries.
A significant emphasis was placed on supporting businesses affected by the energy transition, ensuring that Lake Macquarie remains a hub for economic growth and innovation.
Looking Ahead
While the extension of EPS operations to 2027 provides additional time for transition planning, the need for structured economic development and environmental stewardship remains critical. The Lake Macquarie business community is encouraged to stay engaged in discussions as plans for the site continue to evolve.
The next Eraring Power Station Community Forum is scheduled for 5 February 2025. Local businesses, community groups, and stakeholders are invited to participate and contribute to shaping the future of the region.
For ongoing updates, visit the Lake Macquarie Business website or contact us here.