$8 billion of transmission projects declared actionable
Seven transmission projects valued at $7.9 billion are declared newly actionable in the Australian Energy Market Operator’s 2024 Integrated System Plan, to progress the 10,000 km of new transmission lines needed to achieve a net zero economy by 2050.
Coal gone by 2038 but renewables investment is key
Renewable energy is the cherry on top of a 25-year plan to secure Australia’s future 100% free of coal-generation where grid-scale renewables, storage and distributed solar, backed by gas, will secure the national electricity market for a predicted 313 TWh of demand by 2050.
Coal-free in 14 years as renewables rush in: new blueprint shows how to green the grid – without nuclear
Coal will no longer be burned for power in Australia within 14 years. To replace it will require faster deployment of solar and wind, storage, new transmission lines and some firming gas capacity.
Cyber threats to energy market prompts possible rule change
The Australian Energy Market Commission is considering a rule change to clarify the Australian Energy Market Operator’s role in maintaining the cyber security of the nation’s electricity system.
AEMO calls for sustained investment as WA power supply outlook improves
The Australian Energy Market Operator has eased forecasts of a looming capacity shortfall in Western Australia’s main electricity grid but has warned of the need for “substantial and sustained” investment in renewables to replace coal-fired power stations and meet surging demand from customers electrifying their operations.
Warehouse rooftop solar and batteries could unlock 28 GW
An inert uptake of rooftop solar and battery storage by commercial and industrial business in New South Wales is a 7 GW opportunity missed, and nationally, 28 GW, says Nexa Advisory.
Largest energy storage tender in NSW history now open
The New South Wales government has made history, opening two significant tenders for projects of up to 1 GW of new, long-duration storage, and up to 3.98 GW of access rights to the South West Renewable Energy Zone.
CEFC confirms $490 million commitment to accelerate NSW grid transformation
Development of the Central West Orana Renewable Energy Zone is predicted to now accelerate with the federal government’s green bank announcing a $490 million commitment to support the development of key grid infrastructure in the New South Wales central west.
CSIRO analysis reveals large-scale solar still cheapest electricity technology
The CSIRO GenCost report shows renewables remain the cheapest new build electricity technology in Australia, with utility-scale solar emerging as the golden child, despite inflationary pressures, supply chain constraints and costs associated with additional storage and transmission.
Delays in energy transmission and generation projects trigger reliability warnings
The Australian Energy Market Operator has issued new warnings of potential breaches in the reliability standards for the National Electricity Market in coming years due to delays in key transmission projects and looming retirements of coal-fired generators.
