Highlights

The Australian Energy Market Operator’s final marginal loss factor report for 2020-21 provides some good news for operational large-scale solar projects delivering only smaller changes compared to those seen in preceding years. However, the reduced need for MLF adjustments came as a result of a slowdown in new project development and additional network constraints.

Analysis from Green Energy Markets shows the Australian rooftop PV market in robust health during the first three months of 2020. According to STC data, more than 30,000 rooftop installations were registered in the month, for a total of close to 250 MW of capacity. And then came Covid-19.

The Australian Renewable Energy Agency (ARENA) is providing nearly one million dollars for a study that will analyze the benefits that pumped hydro energy storage would have on the development of the New England Renewable Energy Zone in northern New South Wales.

One of the largest solar projects scheduled to break ground this year has moved into the construction phase mostly unaffected by Covid-19 disruption.

With the Australian solar industry fast heading towards a significant downturn, the Clean Energy Council has reported that it will be “unlikely and difficult” for new rooftop solar installations to be classified as an essential service if restrictions are tightened. Despite the apparent gloom, industry experts advise that there are opportunities as householders look to invest in their homes during the Covid-19 crisis.

Since 2015, Kidston Clean Energy Hub has inspired renewable developers with the potential for hybrid projects. Its envisaged re-use of old gold mining pits for pumped-hydro storage that would concentrate the benefits of colocated solar and wind resources hit a snag in 2019, but today Genex Power executives are celebrating a milestone deal that will enable more than their own ambitions…

While the full extent of the impact of the Covid-19 pandemics on the renewable energy market is yet to reveal itself, Norwegian consultancy Rystad Energy predicts new solar and wind projects will grind to a halt this year and experience a ripple effect in the years beyond as currencies across the globe continue to fall against the US dollar.

The Australian Energy Market Operator (AEMO) has published its first knowledge sharing report under its landmark virtual power plant (VPP) demonstrations program, which is intended to provide insights into the scalability and network services potential of VPPs. The report details how the South Australia-based Tesla-Energy Locals VPP responded to price signals and frequency level and helps further understand the benefits consumers can have from participating in VPPs.

With ARENA’s funding set to dry up in mid-2020, many around Australia are concerned the Government is preparing to toss the golden goose. Clean Energy Council head Kane Thornton is here to make sure that doesn’t happen.

The prime ministers of Australia and Singapore have agreed to work together on practical projects and initiatives in developing hydrogen markets and renewable electricity trade.