“I’m an All-Pro [coal plant]… You’ll never be more than a replacement player!”
The potential early retirement of Eraring has been the talk of the market the past week. Many of our customers have been asking what the impacts of the retirement might be on the acceleration or development of new renewable capacity in NSW and potential storage projects. In this Chart of the week, we look at the effect of the lost generation from Eraring and how that capacity might be filled.
Polysilicon price fluctuations expected to continue until late 2023
Two industry experts have provided analyses of the current polysilicon price scenario in a chat with pv magazine and both agreed that polysilicon demand is still growing faster than supply. The price may decrease starting from the second quarter and reach more reasonable levels by the end of the year.
Fortescue seals future for green hydrogen in Queensland
Fortescue Future Industries’ plans to establish a 2GW renewable energy infrastructure-manufacturing facility and a separate 50,000 tonne green hydrogen production facility in Queensland have reached a major milestone with state-owned network operator Powerlink agreeing to connect the project sites to its transmission network.
New rules allow distributors to roll out standalone power systems in NEM
The deployment of standalone power systems in the National Electricity Market is expected to accelerate after the Australian Energy Market Commission this week published new rules allowing distributors to install the renewables-based technology in the five market jurisdictions.
NSW council considers making rooftop solar PV compulsory
More than 3 million Australian households and small businesses have voluntarily installed rooftop solar systems but a local council in New South Wales is looking to mandate the continued rollout, investigating the potential for all new homes built in its region to be required to have solar PV panels on the roof.
Adani signs MoU for hydrogen fuel cell manufacturing in India
Adani Group and the Canada-based PEM fuel cell producer will examine various options to cooperate, including potential collaboration for hydrogen fuel cell manufacturing in India.
NSW councils sign $180m renewable energy supply deal
A cohort of 25 New South Wales councils has signed a renewable energy supply deal worth an estimated $180 million that will see the local government associations supplied with electricity sourced from three of the state’s large-scale solar farms.
Australian hydrogen battery technology to be tested in UK
Australian technology company Lavo’s innovative energy storage system – based on storing green hydrogen in a patented metal hydride – has attracted the attention of the UK government which has provided financial backing to allow for a demonstration facility to be installed in England’s northwest.
Hydrogen Stream: Brits approach Australia to boost bilateral cooperation, Aussie engineers join asset-building consortium
Looking to deepen their hydrogen collaborations, the UK government last week spoke with Australian politicians. Meanwhile Australian engineer Worley has entered into an MoU with ABB and IBM to develop an “integrated, digitally enabled solution for facility owners to build green hydrogen assets more quickly, cheaply, and safely.”
Price spike in SA – (perhaps) because of sudden drop in output at Bungala Solar Farm?
Today in South Australia, the market appears to have received a reminder that National Electricity Market Dispatch Engine (NEMDE) is technology agnostic, and that all types of technologies can experience their own challenges leading to price volatility.
