The long-awaited Wholesale Demand Response Mechanism kicked in this week, in one of the market’s most significant reforms.
“Huge milestone” as AEMO switches on demand response in major market reform
Institutions
Renewables to supply 69 pct of Australia’s main grid by 2030, government projections show
Morrison government projections show Australia’s main grid on track for 51 per cent renewables by 2025, and 69 per cent by 2030.
Wind and solar limits relaxed after four big spinning machines installed
Four big spinning machines installed in South Australia, paving way for more wind and solar in the grid, and another step towards 100 pct renewables.
Meagre offerings for government’s latest emissions auction, all eyes on open market
Government purchases of carbon offsets remain low, with the secondary market now offering almost double the price for Australian Carbon Credit Units.
Big win for battery storage in another landmark energy market reform
Battery storage to get boost from another landmark reform after AEMC dumps failed “do no harm” rule on system strength.
Dead ducks in the middle of the grid: Coal output pushed to record lows by solar
Coal generators have been fearing the duck curve for some time. They may never have imagined it would grow this steep, this quickly.
“Unlawful” ARENA regulations destined for court, after further failed repeal attempts
The failure of fresh attempts to cancel out Angus Taylor’s much criticised ARENA regulations means a court challenge will be the likely next step.
Regulator seeks input into new corporate emissions transparency reporting scheme
Clean Energy Regulator seeks feedback on new scheme to improve transparency around corporate emissions pledges and the use of offsets.
Norway oil giant tips millions into Australian dispatchable “solar hydro” tech
Australian concentrated solar and hydro storage technology outfit RayGen Resources claims Norwegian giant as major new investor.
Solar powers more than half of Australia’s grid for first time, coal at record low
As Nationals MPs met to see if they could make coal great again, solar delivered more than half of grid demand for first time, and coal output hit record low.
