Opinion & Analysis

The latest news in the NEM is AEMO’s goal to be capable of handling periods of 100% instantaneous renewables penetration by 2025. This is a significant challenge and fitting given the pace the NEM is moving to
supporting increasingly higher levels of instantaneous (and increasingly asynchronous) renewables on a regular basis.

The Australian Energy Market Commission (AEMC) has made final a rule that will allow for solar export tariffs to be gradually introduced in the NEM jurisdictions (that is, everywhere except WA and the NT) under limited circumstances in four years’ time.

I had quite the epiphany in the winter of 2020. I began to realise that selling cheap solar systems isn’t actually a smart thing to do in the long run. I’d heard all the rumours from old heads of the industry, but went in a bit wet behind the ears with the old ‘it couldn’t happen to me’ mentality. But replacing solar panels that were only four years old made me wise-up very quickly.

It’s no secret that extreme weather events are increasing, both in terms of severity and frequency. Australia is no exception. Despite historically seeing a relatively low occurrence of natural catastrophes, over the past 24 months the country has experienced cyclones, bushfires, large hail storms and numerous flooding events. This includes the recent floods in March of this year, in which New South Wales and parts of Queensland saw the worst flooding the region has experienced for six decades. Recent estimates predict the flooding to have caused between AU$919 million and AU$1.055 billion* in insured losses.

My partner and I just bought our first home, and after years of renting, we’re excited to get the keys and finally have the chance to install solar. But the process of choosing a solar installer and appropriate system size, ensuring that our appliances are set up to utilise energy during the middle of the day, and picking the best deal from a retailer is daunting – even for someone like me who works in energy.

The debate around the regulatory reform of distributed energy resources will help decide the future direction of Australia’s electricity system.

There is a big concern in the industry right now for even the top tier solar companies. As the demand for installers and systems is ever increasing, the number of good solar installers are not. 

The return of Barnaby Joyce to the federal National Party’s top job has highlighted tensions within, and dilemmas for, the broader party – particularly on climate change policy and coal.

A renewable hydrogen target will spur massive investment, bringing the cost of the ‘God Molecule’ down the cost curve, and helping to secure Australia’s future in this century of decarbonisation.

We’ve ticked over into July 2021, and so have left Q2 behind us… now with two units at Callide back in service, and also three units at Yallourn as well (though Yallourn unit four missed its expected return to service on Wednesday 30th June). Let’s hope prices continue to settle down.