Are you ready, hey, are you ready for this: Is ‘lead time’ the key to milder impacts from coal retirements in the NEM?
Cornwall Insight Australia’s Lead Consultant – Market Analysis, Lumi Adisa, compares the lead times of major coal fired power station retirements in the National Energy Market (NEM) and analyses how renewables, particularly solar plus battery storage, are able to replace lost generation in the transition to a two-sided market.
NEM 2.0 – COAG sets out for two-sided market
The COAG Energy Council’s plan to unlock Australia’s potential to reindustrialise its energy system has taken another step forward with the publishing of an Energy Security Board consultation paper. The paper discusses what the two-sided market required to free up the potential of household energy technology will look like.
