Neoen’s Hornsdale Power Reserve has gone to work in the first half of 2020, virtually tripling the French renewables developer’s storage revenue on comparative 2019 levels. However, this growth was largely caused by a one-off event, and a slower Q2 highlights the need for FCAS policy renewal. Neoen’s Australian solar revenues could also achieve little more than consistency thanks to poor conditions.
If it was designed with a focus on reliability, security and the lowest cost for consumers, Australia’s main electricity grid would see periods in which nearly 90% of demand is met by renewable generation. A diverse portfolio of distributed energy resources and large-scale solar and wind generation supported mainly by pumped hydro and batteries would ensure the least-cost transition as the nation’s coal plants retire. Adequate investment in transmission infrastructure will be instrumental in making this a reality.
New system strength challenges have been identified in North Queensland putting the output of nearly 800 MW of additional solar projects at risk.
The Australian renewables sector was not immune to a host of challenges that marked the first half of the year, but the pipeline of renewable energy projects in the country reached new heights. While new construction dipped to a four-year low and financial close remained out of reach for a great number of projects, the second half of the year is looking more positive, according to Norwegian consultancy Rystad Energy.
Researchers at Monash University will conduct a desktop study to explore issues and strategies associated with connecting inverter-based generation such as batteries, solar, and wind into weaker parts of the National Electricity Market.
Digital technologies are enabling integration of vast volumes of data, to provide sophisticated modelling of projects, arriving at highest yield and lowest levelised cost of energy. An Australian leader in the field, Aurecon has been recognised for the innovation of its siteLab software in bringing far-flung stakeholders and disparate sources of information into the one virtual reality.
The highly successful Western Australian community battery rollout has caught another wave and poured another glass of fine Cab Sav with its newest launch in Margaret River. This particular installation is part of a five-year trial to identify even more prime locations for community energy storage.
A wide-ranging joint report published by the Democratic presidential candidate and his former rival includes the section: ‘Undoing the harms of the Trump administration and righting the wrongs.’
The Australian Energy Market Commission (AEMC) has decided to give energy businesses an extra three months to prepare the IT overhaul necessary for the five-minute settlement market reform. The decision comes in response to concerns that the unprecedented impacts of Covid-19 necessitated extra breathing space.
Western Australia is pioneering new strategies to manage its burgeoning rooftop-top solar resource. Next stop on its DER Roadmap? Engaging commercial and industrial energy users/producers in rewarding strategies for balancing generation and demand.
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