AEMO’s latest report reinforces Alan Finkel’s assessment that Australia’s grid is not fit for 21st century, and needs rapid change. Its chairman compares fossil fuel plants to petrol cars, and struggles to accept the pace of technology change. You won’t find a fuel cap on an electric car.
Australia’s monopoly electricity networks are the most profitable businesses in Australia. And the consumer pays, and pays.
Before we consider how the NEM might need to change, it is important to understand how it came about.
Australian start-up Power Ledger named as global leader in blockchain technology which has the potential to “rapidly disrupt” the traditional energy market and fast-track the shift to decentralised generation.
Podcast: ITK’s David Leitch interviews Ausnet’s Alistair Parker about mini grids and battery storage and other stuff.
Regional Queensland utility says it has mapped its network for suitable sites to install EV chargers along a “super-highway” running from Toowoomba to Cairns.
Queensland to build first large scale wind farm after 170MW Mt Emerald project wins Ergon tender, but other projects “still being considered.”
Battery storage, air conditioning and appliances such as washing machines banned from off peak loads, in another sign that utilities are panicking about revenue streams.
Ergon has shortlisted 7 projects for its 150MW tender, including four solar farms, two wind farms, and a biomass project.
Energex proposes to punish solar households that add battery storage. The network should be encouraging them.