Queensland’s wholesale electricity prices are going through the ceiling, which is remarkable given that nothing in particular is happening to demand.
Renewable hydrogen must get its costs down to be competitive. But Stanwell is in the box seat for hydrogen projects in Australia.
Vestas confirms cost headwinds, and indicates we are moving away from the ever larger onshore turbine model towards a more modular approach.
Booming rooftop solar is not only helping break variable renewable records, it also it means resilience to thermal plant breakdowns in the middle of the day.
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.