Concerns raised again that the NEM’s coal and gas generators can no longer deliver the grid security services expected of them.
Finkel says other countries “well advanced” on energy policy, technology reform, as many of 360 submissions plea for bipartisan approach.
New study suggests biggest threat to Australia’s energy security comes not from wind and solar, but from the control settings of coal and gas plants. It’s a revelation that should turn the debate around renewables vs fossil on its head.
Adelaide-based ZEN Energy renews calls for electricity market rule changes as it reveals plans to develop a between 50-150MWh battery storage project in SA.
With high gas prices partly to blame for the electricity blackouts that hit SA this month, and gas-fired generators caught short in NSW two days later, there are calls for Australia’s onshore gas to flow much more freely.
Queensland prices soar again; more on AGL’s cheap price for wind energy; and battery storage costs falling quickly.
Spot electricity prices averaged $447/MWh for the week in Queensland, and surged above $13,000 on a couple of occasions. Of course, there is no newspaper article when this happens because, since there is basically only rooftop PV in the state in the way of renewables, there is no convenient scapegoat.
Despite predictions that consumers – households and businesses – will be supplying half of all electricity needs within a few decades, the automatic reflex of the institutions that govern our electricity market remains to protect the incumbents. This needs to change.
Australia remains one of world’s most expensive places to develop renewables, when it should be one of the cheapest.