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Delivering on the ISP – risks and opportunities for future iterations

Delivering on the ISP – risks and opportunities for future iterations

AEMO’s Integrated System Plan (ISP) maps an optimal development path (ODP) for generation, storage and network investments to hit the country’s net zero by 2050 target. It is predicated on a range of Federal and state government policy settings and reforms and on a range of scenarios succeeding. As with all modelling exercises, the ISP is based on a range of inputs and assumptions, all of which can, and do, change. AEMO itself has highlighted several risks. We take a look.

Data Centres and Energy Demand – What’s Needed?

Data Centres and Energy Demand – What’s Needed?

The growth in data centres brings with it increased energy demands and as a result the use of power has become the number one issue for their operators globally. Australia is seen as a country that will continue to see growth in data centres and Morgan Stanley Research has taken a detailed look at both the anticipated growth in data centres in Australia and what it might mean for our grid. We take a closer look.

BY Carl Kitchen Jun 27 2024
Green certification key to Government’s climate ambitions

Green certification key to Government’s climate ambitions

The energy transition is creating surging corporate demand, both domestically and internationally, for renewable electricity. But with growing scrutiny towards greenwashing, it is critical all green electricity claims are verifiable and credible. The Federal Government has designed a policy to perform this function but in recent months the timing of its implementation has come under some doubt. We take a closer look.

BY Rhys Thomas Jun 27 2024
Energy regulation: A tale of increasing overload?

Energy regulation: A tale of increasing overload?

The energy sector is seeing an increase in regulation, with the retail laws and rules seemingly being changed year on year. This has led to old, overlapping or obsolete regulation not being removed, making it difficult for retailers to comply with, and regulators to enforce these rules and laws. We take a look at how overregulation is affecting customers and the cost of electricity.

BY Jo De Silva Jun 20 2024
Transmission Access Reform: Has the time passed?

Transmission Access Reform: Has the time passed?

Last week submissions to the AEMC’s Transmission Access Reform consultation paper closed. It is the latest in a long running consideration of how best to ensure both efficient dispatch and investment in new generation to ensure new kit is sited in the best locations. But this continued pursuit of reform brings to the fore the question of whether other policy initiatives have already superseded the need for the proposed changes. We take a look at where the reform proposals have come from, as well as concerns about the suggested approach that have emerged.

BY Australian Energy Council Jun 13 2024
Transport Sectoral Plan – A breakdown of how the transport industry will reach net zero

Transport Sectoral Plan – A breakdown of how the transport industry will reach net zero

Transport emissions are on track to become Australia’s largest source of greenhouse gas emissions by 2030. To address this, the Federal Government has published its Transport and Infrastructure Net Zero Consultation Roadmap, outlining the steps to be taken to align transport with Australia’s efforts to reach net zero emission by 2050. We took a closer look at the roadmap.

BY Tom Monaghan Jun 13 2024
EPBC Act: Does the Government have its finger on a climate trigger?

EPBC Act: Does the Government have its finger on a climate trigger?

The Government’s Nature Positive Plan Reform has reignited the debate on whether Australia should add a climate trigger into our environmental protection laws. This was sparked after the Government announced stage three of the Nature Positive Plan would be focusing on “climate-related reforms, including the interaction between environment and climate laws.” So, what is a climate trigger and why is it such a contentious issue? We take a closer look.

BY Tom Monaghan Jun 06 2024
Offshore wind feasibility licenses have been granted – what are the proposals and who’s behind them?

Offshore wind feasibility licenses have been granted – what are the proposals and who’s behind them?

The Federal Government has announced the first proposed offshore wind projects to receive a feasibility licence for development of generation in the Gippsland Offshore Wind Zone. We take a look at the proponents and projects.

BY Australian Energy Council May 02 2024
Australia will soon have a Net Zero Plan – what can we expect?

Australia will soon have a Net Zero Plan – what can we expect?

The Federal Government has promised to develop a Net Zero Plan by the end of the year, which will involve integrating six sector plans to help Australia reach net zero by 2050. But with most sectoral decarbonisation policies focused only up until 2030, some unknowns are emerging about what this Plan might look like and how it intends to merge the sector pathways to promote an orderly and efficient economy-wide transition. We take a look at how this can be achieved.

BY Rhys Thomas May 02 2024
Gas outlook highlights peaking plant role in transition

Gas outlook highlights peaking plant role in transition

Apart from raising some alarm bells over future potential gas shortfalls, the release of the Australian Energy Market Operator’s assessment of gas needs again highlighted the important role gas generation will play in the energy transition.  Gas generation is seen increasingly as a “strategic reserve for power system reliability and security” and “will be critical when it runs”. We take a look. 

BY Carl Kitchen Apr 04 2024
Negative prices and revenues in the NEM over the past decade

Negative prices and revenues in the NEM over the past decade

Negative prices have become an increasing feature of the NEM. Here we explore negative spot prices through the lens of negative spot revenues as well as their ratio to positive revenues. Additionally we assess the possible outlook for negative prices/revenues and consider other supply and demand metrics that may influence future negative prices/revenues.

BY Peter Brook Apr 04 2024
Energy Dynamics Report - A Tale of Minimum Operational Demand and Wholesale Price declines

Energy Dynamics Report - A Tale of Minimum Operational Demand and Wholesale Price declines

The third quarter saw significant price declines compared with the corresponding quarter in 2022 right across the NEM. At the same time with increased output from solar and wind generation inin Queensland’s case, minimum operational demand records were set or equaled in every region. The quarter also saw the highest-ever level of negative price intervals with all regions showing an increase. We dive in to the pricing and operational demand detail of AEMO’s Q3 Quarterly Energy Dynamics Report.

BY Australian Energy Council Nov 09 2023
Consumer affordability trends in the retail energy market

Consumer affordability trends in the retail energy market

The recent AER State of The Energy Market report highlights customer affordability trends in the retail electricity market, as well as market impacts from the increasing efficiency of homes and demand response technologies. The report also looks at hardship programs offered by retailers and other support available to consumers.

BY Australian Energy Council Oct 26 2023
International Electricity Summit 2023: Australia goes to Washington D.C.

International Electricity Summit 2023: Australia goes to Washington D.C.

The International Electricity Summit is held every 12 – 18 months and brings together electricity industry leaders from around the globe to examine the major issues and headwinds facing the sector. It is an invaluable opportunity to meet colleagues from other developed economies and talk together to understand the challenges occurring in electricity markets globally.

BY AEC & ENA Oct 19 2023
Green energy superpower

Green energy superpower

As Australia undergoes its energy transition, there has been discussion around the country’s potential to establish itself as a ‘green energy superpower’ within a future global green economy. Illustrating this discussion is a recently released report by the Joint Standing Committee on Trade and Investment Growth.

BY Braeden Keen Oct 19 2023
NEM generation profile 2022-23

NEM generation profile 2022-23

The AER’s 2023 State of the Energy Market highlights the generation mix across the NEM as well as emerging trends. We take a look at what key developments occurred in the generation mix and how they impacted price trends throughout the 2022-23 financial year.

BY Australian Energy Council Oct 12 2023
Data centres: A 24hr power source?

Data centres: A 24hr power source?

Data centres play a critical role in enabling the storage and processing of vast amounts of online data. However they are also known for their significant energy consumption, which has raised concerns about their environmental impact and operating costs. But can data centres be fully sustainable, or even a source of power?

BY Australian Energy Council Oct 12 2023
Supporting customers with high energy costs: A retailer perspective

Supporting customers with high energy costs: A retailer perspective

We take a look inside energy retail businesses to see what support is offered to customers facing hardship. While retailers have a range of relevant regulatory obligations, their programs go over and above their obligations to help customers in payment difficulty or at risk of payment difficulty. Retailers take their role as providers of essential services very seriously and the intensive monitoring and reporting of their obligations illustrates this.

BY Jo De Silva Sep 14 2023
The Wholesale Demand Response Mechanism: Leading a horse to water

The Wholesale Demand Response Mechanism: Leading a horse to water

After being first recommended in 2011 by the AEMC's Power of Choice Review, and followed by a decade-long passionate debate, the Wholesale Demand Response Mechanism was finally implemented on 24 October 2021. Two years later we look back and see if it was worth all the effort.

BY Ben Skinner Sep 07 2023
Nuclear power for Australia: A potted history

Nuclear power for Australia: A potted history

Nuclear power has re-emerged as part of our energy debate with the Federal Opposition proposing a coal-to-nuclear transition. While it does wax and wane a look back at the political arguments around nuclear power show that it has never been too far from mainstream arguments about and resurfaces from time-to-time with similar themes and arguments. Most recently, and like many things relating to energy, it can also quickly become enmeshed in the so-called “culture wars”.

BY Carl Kitchen Aug 31 2023
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