Solar provides cheapest energy; incurs highest FCAS payments
New research from Cornwall Insight finds grid-scale solar farms are paying 10-20% of the cost of providing frequency ancillary services to the National Electricity Market, despite currently generating around 3% of energy in the system.
Solar and wind set new output record even as curtailment continues to bite
Grid-scale wind and solar output reached new highs in Q4 last year pushing power prices to a three-year low despite a number of coal-fired generator outages. As Australia’s big PV fleet continues to expand, the National Electricity Market saw the highest output of big PV on record, but also record curtailment.
