AEMO calls for over 30 GW of solar and wind to replace coal-fired generation by 2040
To fill the gap left by retiring coal-fired plants, the Australian Energy Market Operator forecasts that Australia should invest in a further 30-47 GW of new large-scale wind and solar projects by 2040. At the end of the outlook period, AEMO projects that distributed energy resources could provide up to 13% to 22% of total underlying annual NEM energy consumption.
Marinus Link project firms after positive early reports
Tasmania’s ambitions of becoming the Battery of the Nation improve after early reports on the proposed Marinus Link, a second interconnector between Tasmania and Victoria, show the project’s economic advantages far outweigh expected costs.
SPS reaffirms its lead in the race to transform energy in rural WA
Stand-alone power systems (SPS) have reaffirmed its lead amongst technologies racing to transform energy in rural Western Australia.
Evergen goes to the people with crowdfunding campaign
Evergen is looking to boost its growth in Australia and expand overseas as it opens a major capital raising campaign to private and wholesale investors on VentureCrowd.
Plan to go ahead as J-Power recommits to Kidston pumped hydro
The Kidston solar-pumped hydro project is back on its feet after Japanese utility J-Power and Genex Power renegotiated their deal with the extension of funding provided by the Northern Australia Infrastructure Facility Board earlier this month. The project had been thrown off-course after a shock decision by EnergyAustralia not to finalise a purchase agreement.
WA town leading the way in renewable integration
The coastal town of Onslow in the Pilbara has had its much-anticipated standalone solar farm and battery completed this week, making it one of Australia’s largest distributed energy resource microgrids.
NSW’s first renewable energy zone to unlock 3 GW of new generation
Under the Electricity Strategy released on Friday, the NSW Government has unveiled a plan to deliver Australia’s first coordinated Renewable Energy Zone in the Central-West, seeking to support the new generation needed to get energy bills down. The administration has also pledged to give NSW one of the world’s highest reliability targets to cope with the changing electricity mix and unexpected generator outages.
Slowdown in renewable investment should be highest priority for COAG Energy Council, says CEC
The Clean Energy Council (CEC) is pushing for the COAG Energy Council to address the dramatic slowdown in investment in large-scale renewable energy when it meets this Friday, 22 November. The CEC believes the slowdown is the industry’s highest priority.
Enphase integrates with GreenSync’s decentralized energy exchange
The California-based energy technology company has integrated with GreenSync’s Decentralized Energy Exchange (deX), making it possible for its customers to get more value out of their distributed energy assets and help the grid manage the challenges associated with the rapid penetration of intermittent renewables.
First stage of landmark Agnew Gold Mine hybrid microgrid powers up
Distributed energy producer EDL has officially opened a 23 MW power station that integrates solar with gas and diesel generation to power Gold Fields’ Agnew Gold Mine in Western Australia. The project is part of an innovative hybrid microgrid, which will later add a wind array and battery storage.
