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NSW coal region councils join forces for huge renewable energy mandate

NSW coal region councils join forces for huge renewable energy mandate
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Transmission should be generators business, if only market bodies allowed it

13 April 2021 Australia must rapidly decarbonisation while delivering affordable, reliable power. Renewable Energy Zones (REZ) will be important in doing this. A REZ is a cluster of generators sharing transmission infrastructure to provide a lower-cost and faster way of delivering new, renewable generation into the system. Despite their obvious benefits, REZs haven’t yet been delivered. A key reason is rules and regulations – collectively, a relic of last century’s energy grid – that don’t support building transmission infrastructure ahead of new generation and don’t require generators to cover some of the cost of the regulated transmission infrastructure they need.

Major transmission projects in doubt after AEMC refuses rule change

8 April 2021 Major new transmission network projects are now in doubt after the Australian Energy Market Commission formally rejected a request from network companies to allow for increased early revenues from key network upgrades. The decision could potentially kill off plans to build major new network links identified in the Australian Energy Market Operator’s Integrated System Plan, considered crucial for further investment in wind and solar projects and the transition to a renewables-dominated grid. Network companies had been hoping to front-end revenues to aid in securing finance for the network projects. Transgrid and ElectraNet said was necessary to ensure finance could be secured.

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