22 May 2022
Following confirmation of primary technical inputs, 1414 Degrees (ASX: 14D) has today executed a work order with ElectraNet (the South Australian transmission network service provider) to commence the Generator Performance Standard (GPS) study for the Aurora Energy Project.
The GPS study is the primary activity remaining in order to be approved by the Australian Energy Market Operator (AEMO) to connect to the National Electricity Market (NEM) and negotiate a Transmission Connection Agreement with ElectraNet.
“The GPS process is one of the primary outstanding activities required to enable Stage 1 of Aurora to achieve financial close”.
Matt Squire, CEO