Here are three simple, low cost actions that could accelerate push to zero emissions, and some less easy policy moves that could lock it in.
What exactly is the right mix of wind and solar as grid shift from centralised fossil fuel generators to variable renewables?
Australia’s electricity market will be dominated by more rooftop solar, growing amounts of large scale wind and solar, and storage.
China’s dependence on expensive domestic coal power presents huge opportunities for Australia, if it stays the course on switch to lower cost renewables.
Pool prices are consistently below zero in the middle of the day, a strong signal for battery storage, and for coal generators to learn to dance.
Flexible capacity, delivered through battery storage, pumped hydro and new market concepts, is going to rapidly overtake the old baseload paradigm.
Last mile networks are much more valuable than our biggest generators. We need to rethink pricing and regulations to get the best out of distributed energy.
Up to $US68 billion of US coal and gas assets could end up stranded as mix of federal and state policy incentives drive rapid shift to renewables.
Total annualised wind and solar output has reached a new benchmark of 50TWh on Australia’s main grid, and pushed prices down again.
The worst outcome of a capacity market is to keep coal generation going without inducing new capacity.