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CSIRO does the maths: RE + Integration

CSIRO does the maths: RE + Integration

The CSIRO’s latest assessment of the cost of various generating technologies shows renewables remain the cheapest new build, even when integration costs for additional transmission, storage and synchronous condensers are included. We take a closer look at the numbers and what the GenCost report finds.

BY Carl Kitchen Jul 14 2022
Renewable applications of District Energy

Renewable applications of District Energy

District heating has been designed around efficiently capturing waste heat from thermal power stations. But what about when those power stations close in favour of renewable energy – is the district heating system stranded? Developments are emerging overseas that could give these systems a life in even a fully renewable power system.

BY Mitchell Cutting Jul 14 2022
Outlook highlights challenges and change

Outlook highlights challenges and change

The latest US Energy Information Administration (EIA) annual energy outlook provides a useful insight into the shifts in both the drivers of electricity consumption and the anticipated transition in the generation sources. In particular it highlights the ongoing important role that gas generation will play in the energy mix as renewables continue to grow.

BY Australian Energy Council Apr 21 2022
Renewables go from strength to strength

Renewables go from strength to strength

The Clean Energy Regulator's latest assessment of the carbon market has underscored the fact that renewables are going from strength to strength.

BY Australian Energy Council Dec 09 2021
Offshore framework to bring new swell?

Offshore framework to bring new swell?

The Federal Government’s new legislation to clarify offshore energy developments, was greeted with suggestions it would prompt a rush of offshore wind farms around our coastline. Offshore wind farms typically take 6-10 years to develop and build. Currently many of these projects are in pre-feasibility stage.

BY Carl Kitchen Sep 16 2021
Increases in negative prices: Is it a positive?

Increases in negative prices: Is it a positive?

If there's one thing the Australian Energy Regulator’s State of the Energy Market report has reminded us, it’s that the National Electricity Market can be a wild ride at times. After the NEM achieved the lowest first quarter for wholesale prices since 2012, the last few months have seen an increase in price volatility.

BY Carl Kitchen Jul 08 2021
FMG chases green dream

FMG chases green dream

Disruption is one of the cornerstones of the success of Fortescue Metals Group. FMG’s ability to get things done in the face of seemingly insurmountable barriers can be illustrated no more vividly than when BHP and Rio Tinto sought to prevent the then start up iron ore miner from accessing its rail lines in the Pilbara. FMG built its own and outdid its rivals by extending those lines to Perth. Now FMG wants to apply the same zeal to energy and green steel.

BY Hamish Fitzsimmons Mar 04 2021
Dropping demand and plunging prices: Can you have too much of a good thing?

Dropping demand and plunging prices: Can you have too much of a good thing?

The fourth quarter of 2020 saw the NEM reach lowest average demand since Q4 2001 – with SA and Victoria’s spot prices hitting record lows. Are customers benefiting from the price suppression effects of renewable energy generation? Or is the market telling us a different story?

BY Ben Skinner Feb 18 2021
Renewables in the NEM: Are they leading to price extremes?

Renewables in the NEM: Are they leading to price extremes?

With the ongoing growth of renewables in Australia there has been speculation of the overall impact this will have on an energy-only market like the NEM and in particular, its potential influence on spot prices.

BY Carl Kitchen Aug 20 2020
REZs: Can they overcome the prisoner’s dilemma?

REZs: Can they overcome the prisoner’s dilemma?

Last week the NSW Government announced its intention to expedite plans for the state’s second REZ in New England.

Marginal Loss Factors: Will someone please repeal the laws of physics?

Marginal Loss Factors: Will someone please repeal the laws of physics?

Like waiting for exam results, generators await the Australian Energy Market Operator’s March release of draft Marginal Loss Factors with excitement and dread. This arcane document has big effects upon the profitability of power stations for the coming year.

BY Ben Skinner Mar 14 2019
No solar eclipse: IEA’s World Energy Outlook

No solar eclipse: IEA’s World Energy Outlook

In the International Energy Agency’s most recent World Energy Outlook the electricity sector is experiencing the largest transformation since its creation. It predicts that solar PV’s installed capacity will surpass wind before 2025, pass hydropower around 2030, and coal before 2040.

BY Justine Lovell Mar 04 2019
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