The project is designed to integrate advance and existing technologies to enhance the utilization of renewable energy on King Island, Tasmania, while reducing fossil fuel dependency and energy costs.

KIREIP is being developed under the Renewable Energy Demonstration Program of the Australian Government with assistance from the Tasmanian Government.

Hydro Tasmania Chairman Dr David Crean said that KIREIP offers technology having potential to increase renewable energy use and reduce reliance on diesel fuel for power generation on islands and in off-grid systems across the globe.

"The unique part of this system is the integration of technologies. Although the renewable generation sources such as wind, solar and bio-diesel are mature, the enabling and storage technologies are new and emerging," he added.

Hydro Tasmania CEO Roy Adair said, "Ultimately, Hydro Tasmania’s vision for King Island includes locally-grown and manufactured biodiesel for sustainable energy production."