Morrison government confirms it clashed with AEMO over gas price assumptions.
Integrated System Plan
AEMO considers ditching plan to model the Morrison government’s ‘gas led recovery’ in next ISP, after key energy market players question whether it was even plausible.
Regulator wants network owners to look at battery storage as it seeks feedback on how to manage an unprecedented flurry of new investment to deliver on AEMO’s Integrated System Plan.
No new gas is needed for electricity generation under any of AEMO’s ISP scenarios, and wind and solar power is assumed to provide more than 100 per cent power.
Tesla chair welcomes AEMO’s Integrated System Plan message that batteries will be a cheaper and better option to support renewables than gas, as grid leaves fossil fuels behind.
AEMO says Australia is going to experience the most rapid energy transition in the world, like it or not, and it could deliver 94 per cent renewables 2040.
AEMO to model “step change” in renewables, the only scenario in its 20-year planning blue-print that fits in with Paris climate targets.
In strong sign that the country’s energy market rule-makers and regulators are finally trying to keep pace with technology, AEMC flags a rule change in virtual light-speed.
AEMO names former CSIRO energy chief to head new technical division, plotting path to a clean energy transition.
AEMO says two South Australian regions could add 2GW of renewables without any transmission upgrades, and suggests Roxby Downs could emerge as major solar energy region.