AEMC: Gearing the system to handle changing market mix
Today the Australian Energy Market Commission’s reliability panel of industry experts and consumer advocates releases its annual review of electricity market performance.
Corporate PPAs continue to surge as CUB signs 12-year PPA with BayWa r.e.
Major Australian brewer Cartlon United Breweries (CUB) has signed a 12-year PPA with BayWa r.e. to purchase 74,000 MWh a year from the 112 MW Karadoc solar farm in Mildura. The move will cut emissions and reduce power costs for the brewer.
Carnegie receives grant to pursue offshore platform solar supply
Carnegie Clean Energy has been awarded a $471,000 grant to develop a solar and battery storage solution for the supply of offshore oil and gas platforms. The grant has been provided National Energy Resources Australia (NERA), a body that aims to enhance the competitiveness of Australia’s non-renewable energy sector.
NEG prospects bolstered by Liberal win SA
The National Energy Guarantee (NEG) is looking more likely to be implemented with the swearing in of Steven Marshall as the South Australia’s 46th premier today. While the change of government, a of the Liberal party’s victory in Saturday’s election will undoubtedly lead to a departure from some of the Weatherill government’s pro-renewables policies, it also silences a vocal opponent to the NEG at the negotiating table.
IHS Markit: 7,000 – 8,000 residential storage systems installed in Australia in 2017
Market analysts IHS Markit believes Australia installed some 7,000 – 8,000 residential storage systems in 2017. “Really strong growth” is expected this year as the economics continue to improve.
Funding initiative of $12.5 million for distributed energy integration announced by ARENA
ARENA to fund pilot projects and studies worth a total of $12.5 to optimize the integration of distributed energy resources (DER) into the electricity network.
Western Power to roll out 60 regional solar, storage, diesel hybrids
WA grid operator Western Power has launched a tender to provide stand-alone power systems in up to 60 locations. Building on a trial program, the systems will include solar and battery storage supported with backup diesel generators.
CEFC to provide $90 million for new-home solar+storage program
Home builder Mirvac is partnering with the CEFC to provide rooftop PV and battery storage systems for more than 300 new family homes. The renewable energy systems will include 5.1 kW rooftop systems and 10 kWh batteries.
Report: Liberal Steven Marshall wrong on power price claim, ordered to print retraction
SA Liberal leader, and potential premier, Steven Marshall has been ordered to print a retraction for his campaign claim that the Liberal Energy Solution will save South Australians more than $300 per household.
Carnegie Clean Energy acquires 10 MW farm and 10 MWh battery site in Western Australia
Perth-based Carnegie Clean Energy is expanding its early-stage solar and storage development project development. It’s latest site acquisition is slated for a 10 MW solar PV farm and 10 MWh battery site in WA.
