The Australian Energy Market Commission has published a final rule to speed up grid connections for new renewable energy generation and storage in light of the pace and scale of projects being built to achieve the national target of 82% of renewables by 2030.
The Central-West Orana renewable energy zone transmission project, with a projected network capacity by 2029 of 6 GW, has planning approval to begin building trasmission infrastructure, including lines and energy hubs.
Seven transmission projects valued at $7.9 billion are declared newly actionable in the Australian Energy Market Operator’s 2024 Integrated System Plan, to progress the 10,000 km of new transmission lines needed to achieve a net zero economy by 2050.
Renewable energy is the cherry on top of a 25-year plan to secure Australia’s future 100% free of coal-generation where grid-scale renewables, storage and distributed solar, backed by gas, will secure the national electricity market for a predicted 313 TWh of demand by 2050.
Legislation to establish the Energy Security Corporation has passed in the New South Wales parliament and will be seeded with $1 billion for accelerating private clean energy investments, and specifically not to invest in nuclear or carbon capture and storage.
Germany-headquartered Bosch Australia Manufacturing Solutions has teamed up with Australian solar and long-duration storage company RayGen to deliver automated solutions that accelerate heliostat assembly.
The Australian Energy Market Commission is considering a rule change to clarify the Australian Energy Market Operator’s role in maintaining the cyber security of the nation’s electricity system.
The Australian Capital Territory’s first of three Integrated Energy Plans paves the way to an all-electric, zero emissions future, starting with a focus on a just transition for all residents.
Over the next three years energy retailer and tech company Amber Electric will trial a software solution for electric vehicle smart charging and bi-directional vehicle-to-grid services to enable consumers using their cars can buy and sell energy to the grid.
Climate change and energy received a $3.5 billion commitment in the New South Wales Budget on 18 June, plus $3.1 billon to deliver renewable energy zones, which got an extra $128 million boost to upgrade roads between them and the Port of Newcastle.
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