Large-scale renewable energy generators, including wind and solar PV farms will ramp up to 140 GW from the current 15 GW, more than doubling every decade to 2050 while rooftop solar is expected to increase from 15 GW to 70 GW over the same period as the “accelerating” transformation of Australia’s energy sector continues.
The continued rollout of rooftop solar PV and large-scale wind and solar farms continues to reshape Australia’s electricity market with new data released by the Australian Energy Market Operator revealing that the penetration of renewable energy continues to drive new records in the National Electricity Market.
The Australian Energy Market Operator will later this month commence testing of a cloud-based simulator designed to accelerate the grid connection process for developers of energy projects including large-scale wind and solar.
The Australian Energy Market Operator is looking to fast-track the deployment of advanced inverter capabilities to support Australia’s “once-in-a-lifetime transition” to a power system featuring reduced synchronous generation, such as coal-fired generation.
The evolution of Australia’s electricity grid continues at pace with the nation’s newest large-scale wind and solar projects helping produce a string of renewable energy production records in the National Electricity Market.
The Australian Energy Market Operator’s latest analysis of the Western Australian Wholesale Energy Market has found that investment in renewable generation and distributed solar is accelerating at a rapid pace, and importantly, that that acceleration is within the control of the state’s energy transition strategies.
Australia’s national science agency, the CSIRO, and the Australian Energy Market Operator have found even when factoring in additional ‘integration’ costs such as storage and new transmission infrastructure, solar and wind continue to be the cheapest sources of new-build electricity generation in Australia.
New South Wales’ Productivity Commission has called on the state to reform its energy and water regulations, among other recommendations, in the White Paper report published this week.
Australian governments are busy designing the nation’s transition to a clean energy future. Unfortunately, in a misguided effort to ensure electricity supplies remain affordable and reliable, governments are considering a move that would effectively pay Australia’s old, polluting coal-fired power stations to stay open longer.
The Australian Energy Market Operator has published an engineering framework as it looks to conceive a broader framework for how the National Energy Market can facilitate the accelerating energy transition.
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