Page 14 - Daniel Westerman News Today

Australian Energy Market Operator head Daniel Westerman says two-thirds of electricity capacity could leave grid by 2030

Electricity grid controller AEMO will hand over planning responsibility to a government agency, amid mounting anger in regional communities forced to accept the massive power lines needed for Victoria’s ambitious wind and solar agenda.

Daniel Westerman, the CEO of the Australian Energy Market Operator (AEMO), says that renewable curtailment in Australia has risen by approximately 40% from last year.

Acknowledging that the regulatory environment is not fit for purpose is one thing; proceeding with transmission projects with this knowledge is absurd.

AEMO says network in gridlock and unable to shift enough wind and solar, as Bowen says regulator decisions need to be about more than pure economics.

Minister’s wake-up call comes as the head of the country’s state-owned green bank says the pace of new renewable energy developments is too slow to meet ambitious targets.

New transmission links for Victoria could be a deadweight: More local solar and storage would be a cheaper and quicker alternative.

Snowy Hydro reveals more big delays and cost blow outs in troubled Snowy 2.0 pumped hydro project, now not likely to begin full production until late 2029.

Record rooftop solar generation is cutting wholesale energy costs and taking pressure off the national electricity grid, the...

By Renju Jose SYDNEY (Reuters) - Australia's renewable energy output surged in the quarter ended March, pushing down energy costs, driving carbon emis...