As things stand, and without big change, AGL will remain a sad old play on electricity prices with ageing assets that no one wants.
The use of grid-forming inverters and the creation of “virtual inertia” at the Dalrymple battery in South Australia has been a critical step towards a decarbonised grid.
AEMO’s Integrated System Plan is a fine piece of work, but may lack bite in the absence of support from Angus Taylor, and with Australia’s backward regulatory regime.
Demand is up in past month, and wind was down, but renewables share has grown over last 12 months and is helping lock in low prices for next year or two.
A government with Keith Pitt as resources minister, Angus Taylor in charge of energy, and a rump of hardline Queensland MPs, will give short shrift to the experts.
Exported Australian hydrogen may have to compete with much cheaper offshore wind farms for a share of Asian electricity markets.
It’s a time of low output for rooftop solar, and the share of large scale wind and solar is also off its peak, but Australia’s power prices are still at low levels.
The biggest problem facing utility-scale solar is that it has to compete with rooftop solar. Reverse auctions could be a solution, and so could storage.
NSW has started to plan more seriously for a lower-carbon future. Currently, though, there is pretty much a complete lack of teeth, a lack of skin in the game.
EV policy in Australia remains utterly hopeless despite a growing body of international experience about what works, and despite the fact that Australia is an oil importer.