A Tasmanian Chamber of Commerce and Industry report last year found the state lags behind the rest of the country in economic and social outcomes but a proposed energy idea could provide a possible solution towards closing the gap.
University of Tasmania pro vice-chancellor David Adams proposed one way to bring better economic and social outcomes to northern Tasmania and regional areas was by basing the state's future power project in Launceston.
Tasmania's future power project envisions the state making a greater contribution to the national electricity market through renewable energy including wind, hydro power expansion and further interconnection to the mainland.
One aspect has been proposed through a $3.5 billion Marinus Link project to build two energy interconnectors from Burnie through the Bass Strait to the mainland to transfer power across.
A December report on the interconnector project supported the venture, which in turn is a step towards making Tasmania the 'Battery of the Nation' as planned.
The Battery of the Nation term was coined by then Prime Minister Malcolm Turnbull in 2017 after the announcement of an investigation into an expansion of Tasmania's hydro scheme.
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Mr Adams said the state's initial hydro energy scheme reshaped the state and the next energy project could do the same but there had been little discussion about potential benefits for the north.
He said in partnership with future energy plans the state should be developing a plan to incentivise businesses and populations settling in regional areas alongside it.
"How about Battery of the Nation being based in Launceston," he said.
"That would solve a few pressing issues for our region rather than putting more pressure on Hobart housing and transport systems."
Another planning aspect Mr Adams proposed alongside the state's future energy plans was moving towards building research and innovation capabilities in the north to keep the youth from fleeing elsewhere.
"It's the innovation and lifestyle rather than construction that will attract and retain people," he said.
"Buzzing innovation 'precincts' attract the best and brightest young people globally.
"It might actually help stem the exodus of young people from Tasmania."
The first new interconnector is set for competition in 2028 and the second in 2030 and could add $5.7 billion to the state's economy through subsequent renewable energy development.
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