10 million reasons why we need to talk about NEM generator operations
Whilst automated rebidding got some coverage from the most recent Australian Electricity Market Operator (AEMO) Quarterly Energy Dynamics, something else happened in the quarter that seemed to get less attention but is possibly much more important to operations for wind, solar and battery owners in the National Electricity Market (NEM).
‘We see a future where Australia produces thousands of terawatt hours of renewable electricity’
Chief Executive of the Australian Renewable Energy Agency, Darren Miller, says he envisions a future where Australia will produce up to ten times more clean electricity than the country requires to become a “shining example of what is possible if you have the right ingredients and the right ambition.”
5B’s modular expansion plans boosted by bigwig investment
5B, the Sydney-based modular solar manufacturer has successfully completed its most recent $12 million funding round, and along with the continued support of existing investors, the clean technology company also received investment support from former Australian Prime Minister Malcolm Turnbull and Smart Energy Council Director Simon Holmes à Court.
SA social housing VPP expanded to provide Tesla batteries to homes without solar
The Housing SA Tesla VPP is being expanded to include a trial of 20 homes unsuitable for solar installation. The SA Government is offering free Tesla batteries to such homes to show how participation in the VPP with a battery alone can still deliver significant savings.
WA oil and gas company enters ‘green’ hydrogen market by acquiring stake in Patriot Hydrogen
Western Australia-based oil and gas company Prominence Energy has become the latest fossil fuel company to enter the hydrogen market by acquiring a 20% stake in Patriot Hydrogen.
NSW launches renewable gas certification pilot as debate around the sector’s decarbonisation escalates
The New South Wales government has today launched a renewable Renewable Gas Certification Pilot, with the aim of sparking a new energy market for clean gas in Australia.
Batteries boom as investment in large-scale renewables slumps to a 5-year low
New data released by the CEC and confirmed by industry experience, shows investors have become shy of committing to large-scale renewable projects in Australia, where government intervention has created uncertainty, and grid risk is virtually impossible to quantify — even with a prized connection agreement in hand.
New commercial e-vans hook up with Evie Networks charging for low-cost, low-carbon delivery services
E-commerce has gone through the roof since Covid-19 emerged, adding carbon kilometres to every purchase. A partnership between Trevor St Baker’s interests and TrueGreen Mobility is targeting the light-commercial vehicle class for an electric take over.
Critical energy transition infrastructure gets the regulatory green light!
TransGrid and ElectraNet have shovels at the ready to begin work on the long-planned and hard-won Project EnergyConnect, which will link three Australian states with much needed capacity for transmission of renewable energy.
Australia’s energy storage installed base to grow more than five times by 2030
In its latest report, IHS Markit predicts that energy storage installations in Australia will grow from 500 MW to more than 12.8 GW by 2030. Today, Australia makes up less than 3% of total global installations for battery energy storage and is the seventh largest market globally. By 2030, it is forecast to comprise 7% of global installations and become the third largest market. This growth will be largely driven by three distinct market segments: residential, standalone front-of-the-meter, and collocated with utility-scale renewables.
