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Australia's Energy Future - Consumer Energy Resources

Australia's Energy Future - Consumer Energy Resources Australia's Energy Future - Consumer Energy Resources

The role of consumers in the energy transition will continue to grow in significance. The Australian Energy Council’s members and other energy sector participants recognise the increasing role of CER in the energy transition as well as the value it can deliver to consumers.

BY Australian Energy Council Jun 17 2024
Solar Report: First Quarter 2024

Solar Report: First Quarter 2024 Solar Report: First Quarter 2024

By the end of the first quarter this year solar PV installations had put been fitted to more than 3.7 million Australian rooftops with a capacity of 22.58GW, according to the Clean Energy Regulator. In addition to the latest installation statistics, we take a look at other developments with rooftop solar, as well as the impact utility-scale solar is having on price setting in the National Electricity Market.

BY Aaron Martinez Apr 18 2024
Form of the Reliability Standard

Form of the Reliability Standard Form of the Reliability Standard

Since market start the NEM has used a single and simple outcome metric for its reliability standard: “Unserved Energy” (USE). Essentially, we target an average of no more than 10.5 minutes off supply per customer per year from rotational load-shedding. In response to a Reliability Panel Review, the Australian Energy Council has published a report by Endgame Economics that theoretically contemplates the appropriateness of the existing standard in the transitioning power system and concludes that the existing simple USE output form approach remains the best approach for the future power system, just as it is in the current power system.

BY Australian Energy Council Jul 13 2023
Just Transition - Navigating Australia’s energy transformation

Just Transition - Navigating Australia’s energy transformation Just Transition - Navigating Australia’s energy transformation

The Australian Energy Council commissioned consulting and advisory firm, Strategen, to undertake a wide-ranging review of overseas and Australian experience in the energy transformation. It is instructive to learn from best practice transition examples, not only on how to mitigate the negative impacts, but also to maximise wider opportunities and this new report, Just Transition – Navigating Australia’s Energy Transformation, distils the most relevant insights.

BY Australian Energy Council Mar 10 2023
Analysis of mandatory frequency control by Provecta Consulting

Analysis of mandatory frequency control by Provecta Consulting Analysis of mandatory frequency control by Provecta Consulting

The National Electricity Market’s (NEM) Reliability Panel is presently reviewing the NEM’s Frequency Operating Standards. One part of that review considers the maximum governor deadband generators must operate when providing mandatory primary frequency response. The AEC engaged expert consultants Provecta, to advise on the impacts of the present very narrow deadband of plus or minus 15 millihertz, which the Panel propose retaining. Provecta find this tight deadband is causing wear on thermal machines and may be causing some observed instability in the system frequency. Provecta suspect a widening of the deadband would benefit both plants and the system.

BY Australian Energy Council Feb 02 2023
Australia's Energy Future - The energy transition and implications for transmission

Australia's Energy Future - The energy transition and implications for transmission Australia's Energy Future - The energy transition and implications for transmission

The latest discussion paper in our series on Australia’s Energy Future focuses on building the transmission required to connect the large-scale renewable generators needed to progress Australia’s transition to net-zero. That some new transmission is required is not in doubt. But the continued support of consumers for the energy transition is predicated on building the system as efficiently as possible. This raises questions about how to determine what gets built and where, how it is funded and who should bear the risks of overbuilding or building in the wrong location.

BY Australian Energy Council Sep 01 2022
Australia's Energy Future - Distribution networks and the energy transition

Australia's Energy Future - Distribution networks and the energy transition Australia's Energy Future - Distribution networks and the energy transition

The roles and responsibilities of electricity distribution networks are being challenged by the changing mix of resources in the grid. The energy transition is not just about reducing emissions by changing technologies in large-scale generation, it is also about a trend towards more localised, or distributed energy resources (DER). The Australian Energy Council’s latest discussion paper looks at what the transition might mean for distribution networks and customers.

BY Australian Energy Council Aug 11 2022
Australia's Energy Future - Regional Transitions

Australia's Energy Future - Regional Transitions Australia's Energy Future - Regional Transitions

The latest discussion paper in the Australian Energy Council’s “55 by 35” series on Australia’s Energy Future focuses on the implications of the target and the transition to net zero for regional economies in the light of the progressive closure of coal power plants. It recognises that there is a policy case for a focus on these regions, given that coal power plants (and in some cases associated mines) are major employers in those regions.

BY Australian Energy Council Aug 04 2022
Australia's Energy Future - Hydrogen

Australia's Energy Future - Hydrogen Australia's Energy Future - Hydrogen

The latest discussion paper in the Australian Energy Council’s “55 by 35” series on Australia’s Energy Future focuses on hydrogen. The AEC has proposed an interim economy-wide emission reduction target of 55 per cent from 2005 levels by 2035 and the papers consider options for decarbonisation. Hydrogen undoubtedly has considerable potential, but it’s still also a long way away from delivering on that potential.

BY Australian Energy Council Jul 28 2022
Australia's Energy Future - Zero Emissions Dispatchability

Australia's Energy Future - Zero Emissions Dispatchability Australia's Energy Future - Zero Emissions Dispatchability

The latest discussion paper in the Australian Energy Council’s series on Australia’s Energy Future focuses on the need for zero emissions dispatchable plant to complement the growth of renewable energy and the retirement of existing coal and gas generation. It also looks at the types of zero emissions dispatchable power currently available. 

Apr 28 2022
Estimation of the market risk premium and its relationship to the risk free rate in the context of regulation of electricity and gas energy networks

Estimation of the market risk premium and its relationship to the risk free rate in the context of regulation of electricity and gas energy networks Estimation of the market risk premium and its relationship to the risk free rate in the context of regulation of electricity and gas energy networks

The AEC has published a paper, in collaboration with Energy Consumers Australia and the AER Customer Reference Group, on the estimation of the market risk premium (MRP). The MRP is used as part of estimations to ensure that consumers are paying no more than is necessary.

Apr 28 2022
Australia's Energy Future - Electrification and Heat

Australia's Energy Future - Electrification and Heat Australia's Energy Future - Electrification and Heat

The Australian Energy Council is releasing a series of discussion papers examining the challenges and opportunities in decarbonisation of the economy. This paper - Electrification & Heat - considers the potential electrification of heat sources in both the residential and industrial context.

BY Australian Energy Council Apr 21 2022
Australia's Energy Future - Introductory Paper

Australia's Energy Future - Introductory Paper Australia's Energy Future - Introductory Paper

Electrification will increase electricity demand and the implications for the generation mix and networks require consideration. Additionally, decarbonisation is driving coal plant closures. In light of this the AEC is developing a series of discussion papers examining the challenges and opportunities with decarbonisation.

BY Australian Energy Council Apr 07 2022
Australia's Energy Future - Decarbonising Transport

Australia's Energy Future - Decarbonising Transport Australia's Energy Future - Decarbonising Transport

This is one in a series of papers exploring the implications of a 55% by 2035 interim emission reduction target proposed by the AEC. This paper looks at the opportunities for emissions reduction in transport. As with many other emitting activities there are multiple ways to reduce emissions from transport. However, with the ultimate goal of net zero in mind, options that decarbonise the fuel source are preferable in the long-term over options that can only make marginal reductions.

BY Australian Energy Council Apr 07 2022
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