A statement from Energy and Emissions Reduction Minister Angus Taylor said one of these was APA Group's proposed 220MW gas generator in Dandenong, Victoria, which would help balance the big increase in renewables in the state.
The second project is Quinbrook's proposed 132MW gas generator in Gatton, Queensland. The statement said this would provide new capacity during peak periods in Queensland and NSW, and also complement the Federal and NSW Governments' QNI interconnector upgrade.
Taylor claimed both projects had demonstrated they were financially viable, would secure the grid and help bring down electricity prices.
“We are working to deliver an energy system that isn’t a roadblock to businesses growing and employing more people and that isn’t stinging family hip-pockets.”
Taylor said the government would now enter detailed underwriting and contractual negotiations with the two firms before deciding on the financial investment.
Final agreement is expected next year, with construction to commence soon after private sector finance is secured.