As one of the world leaders in PV+storage deployment, Australia has ample opportunity to develop a two-way energy system that could provide critical services to the grid and deliver additional revenue streams for rooftop PV and battery prosumers. Although still in their early days, some virtual power plant (VPP) projects are already proving their worth.
The Australian Energy Market Operator’s final marginal loss factor report for 2020-21 provides some good news for operational large-scale solar projects delivering only smaller changes compared to those seen in preceding years. However, the reduced need for MLF adjustments came as a result of a slowdown in new project development and additional network constraints.
The Australian Energy Market Operator (AEMO) has published its first knowledge sharing report under its landmark virtual power plant (VPP) demonstrations program, which is intended to provide insights into the scalability and network services potential of VPPs. The report details how the South Australia-based Tesla-Energy Locals VPP responded to price signals and frequency level and helps further understand the benefits consumers can have from participating in VPPs.
The energy market operator has enacted a full suite of pandemic responses to provide the maximum possible protection of essential supplies in these trying times for critical operations and people.
Three renewable energy generators in northern Queensland are facing major constraints due to system strength issues.
An ARENA-backed trial run by ACT network operator Evoenergy in partnership with French power electronics specialist Schneider Electric and Melbourne-based energy tech company GreenSync will research and test the effect that the integration of distributed energy resources is having on Canberra’s increasingly decentralized energy grid.
The Victorian government has decided to break away from national electricity rules and introduce legislation that will fast-track priority projects like grid-scale batteries and transmission upgrades and make room for more large-scale solar and wind on the grid. The announced reforms have prompted a flurry of reactions.
Against the backdrop of extreme heat, generator, and transmission line outages and intense bushfires, revenues for grid-scale batteries on the National Electricity Market (NEM) have been trending upwards.
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.
To fill the gap left by retiring coal-fired plants, the Australian Energy Market Operator forecasts that Australia should invest in a further 30-47 GW of new large-scale wind and solar projects by 2040. At the end of the outlook period, AEMO projects that distributed energy resources could provide up to 13% to 22% of total underlying annual NEM energy consumption.
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