Highlights

An Australian-first solar to hydrogen-based microgrid for the World Heritage Protected Daintree Rainforest is another step closer to reality this week after Federal Leichhardt MP Warren Entsch revealed the feasibility study funded by the Federal Government last year is “on track”.

The Victorian government has decided to break away from national electricity rules and introduce legislation that will fast-track priority projects like grid-scale batteries and transmission upgrades and make room for more large-scale solar and wind on the grid. The announced reforms have prompted a flurry of reactions.

Over the past week renewable energy developers and major investors have told the Smart Energy Council that, “They’re done. The sovereign risk in Australia is too great,” says the industry body’s Government Relations Manager, Wayne Smith. With prospects, employment and energy prices in jeopardy, the SEC vows to rattle the corridors of power for a bankable plan.

The economics of energy supply are subject to a host of variable factors — including steady reductions over time in the costs of solar, wind and battery technology. Last week Rystad Energy published analysis of the proposed electrification of Curtis Island LNG plants and government assertions that such an energy swap would release substantial gas supplies for domestic use, lower gas prices and reduce carbon emissions…

Despite a massive drop in renewable energy investment seen last year, 2020 promises to bring both good and bad news for the Australian solar sector. While network conditions will continue to deteriorate, the low-carbon policy will become more supportive but also more chaotic.

As the outbreak takes its toll on solar panel and battery manufacturing in China, Australia is bracing for disruptions in the supply chains.

As the survival of the fittest continues in Australia’s notoriously competitive EPC market, the Sydney-based diversified infrastructure company has signaled that it will no longer bid fixed prices to build solar.

Against the backdrop of extreme heat, generator, and transmission line outages and intense bushfires, revenues for grid-scale batteries on the National Electricity Market (NEM) have been trending upwards.

Grid-scale wind and solar output reached new highs in Q4 last year pushing power prices to a three-year low despite a number of coal-fired generator outages. As Australia’s big PV fleet continues to expand, the National Electricity Market saw the highest output of big PV on record, but also record curtailment.

The developers of the Kennedy Energy Park will have to pay more than $7.5 million in variation claims and delay costs pursuant to an adjudication decision which is likely to raise concerns in the Australian renewable energy sector.