Tesla says unprecedented chaos in South Australia’s electricity market on Monday highlights need for quick shift to 5-minute settlement. Coalition predictably blames renewables, while ACCC waves its hands and says price gouging is perfectly legal.
ACCC calls for federal solar subsidy to be scrapped by 2021, in report that documents how consumers have been screwed by networks, generators and retailers. Its response: Kill rooftop solar, and get government to underwrite new projects that could include gas and coal.
Last week, in Tasmania, Victoria and South Australia, the share of renewable energy was above 50% for most of the time.
Rule changes proposed by AEMO in response to the grid’s rapid transition to renewables have sparked vigorous debate about what precautions are necessary, and what are just “gold plating” generation assets.
Fascinating insight into electricity bills for business, and why they should, or shouldn’t buy a battery. Meanwhile, futures price fell across the board.
South Australia becomes net electricity exporter for first time, 12 new wind and solar farms were added, the amount of large-scale solar tripled, and rooftop PV kept a lid on demand.
Plans for new wind and solar projects are abundant. But how many will actually go ahead? Plus: wind versus solar in the NEM.
AEMO says reserve mechanism that ensured lights stayed on last summer cost just $6 per customer, and praises role of newly deployed technologies such as batteries and demand response.
The big opportunity for blockchain in the generation value stream lies in the ability to bring together lots of small amounts of capital.
Coalition’s emissions target makes Australia’s grid barely cleaner than a coal generator. Happily, the states will clean up, but Snowy Hydro needs to lift its game.
Know your NEM: New capacity casts a long shadow
The pipeline of wind and solar shows 3.3GW of wind and 3.4GW of solar PV either commissioning, under construction or certain to proceed. Add to that another 3GW of rooftop solar.