Market rule maker looks beyond coal, and even gas, to batteries and a flexible two-way grid in review of electricity reliability standards.
Markets
Volatility continues as retailers pay the penalty in renewable energy market
Large scale renewable market hit with more volatility, while an enormous surplus of small scale certificates carried forward from 2020 will see the 2021 STC target grow.
Australia cannot afford to allow coal generators to hijack clean energy transition
Regulators overseeing the new energy market rules for Australia’s main grid must push back against the attempts by the coal lobby to hijack the process.
“Days of high solar tariffs are over”: Victoria regulator slashes FiT by one third
Victoria regulator says the days of high solar tariffs are over, as minimum FiT is slashed by one third due to falling wholesale prices.
“Tidal wave” of new wind and solar will force early coal plant closures
New analysis warns lower electricity prices caused by “tidal wave” of new wind and solar investment could push multiple coal plants into early retirement.
APA’s new gas generator remains in UNGI limbo, can’t find a customer
APA still can’t find a customer for its proposed new gas generator promised support by Morrison government as it looks to hydrogen opportunities after big first half loss.
Global inverter giant charts record revenue for 2020, “led by Australia”
SolarEdge announces solar revenue records for 2020, including in Australia where it charted 30% year on year growth – despite Covid.
Low prices increase chance of multiple coal generation closures
There are good reasons to think that the Liddell, Yallourn, Vales Point coal generators and a couple of coal units in Queensland could all close before 2030.
Neither AGL nor Origin have convinced investors they have a future
AGL and Origin have failed to really embrace decarbonisation as opportunity. They have chosen to ignore the low cost of wind and solar for the supply of bulk energy.
What if GameStop was replicated on the grid, and storage providers took on coal?
Many think the GameStop led consumer uprising will be limited to Wall St, but there are some parallels for energy market participants.
