Page 31 - Integrated System Plan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

20 January 2021 Fresh concerns are being raised over the environmental impacts of the Snowy 2.0 project, with green groups and energy sector experts calling on the NSW government to intervene and limit the potential damage caused by new network infrastructure in one of Australia’s most prominent national parks. In an open letter to NSW energy minister Matt Kean and planning minister Rob Stokes, environmental groups have called on the NSW government to intervene in a planning process that is expected to see four new 300kV transmission line linkages, carried by two sets of towers built throug...

Renewable energy to beat Labor's 50 per cent 'wrecking ball' target Normal text size Advertisement The federal government's increasingly optimistic projections for reductions in greenhouse gas emissions show the electricity market exceeding the 50 per cent renewable energy target – a figure it previously said would drive a wrecking ball through the economy. Renewable energy generation is set to double in the next decade, according to the official projections released by the Department of Industry, Energy, Science and Resources. Rooftop and large-scale solar and wind projects are expected to...

Les Hosking comes out of retirement for green futures venture Share The former head of the Sydney Futures Exchange, Les Hosking, says he has been coaxed out of retirement to help launch an exchange for low carbon energy and environmental futures contracts. The market will be launched in March by FEX Global, and will allow clean energy producers and retailers to hedge against price volatility through forward contracts tradeable on a public exchange. In an op-ed for The Australian Financial Review, Mr Hosking writes the initiative will take advantage of a "once in a lifetime shift" to clean en...

For any system dominated by renewables, storing energy is essential. Storage means renewable energy can be saved when it is overproducing relative to demand – for example, in the middle of the day for solar, or during extended windy conditions. Stored energy can then be used when renewables cannot meet demand – such as overcast days or at night for solar. Among options being considered for large-scale investment in Australia are batteries and pumped hydro energy storage (using excess renewable power to pump water back up to dams to again drive hydroelectric turbines). Capital costs of sto...

17 December 2020 The Australian Energy Market Operator is to model even faster paths to net zero emissions, with a new “Export Superpower” scenario to assume Australia will reach net zero emissions in the early 2040s, and the electricity grid will lead the way and achieve even more rapid emissions cuts. AEMO – whose job is primarily to keep the lights on in Australia’s main grids – broke new ground earlier this year with the release of the second version of its Integrated System Plan, a 20-year blueprint that included a “step change” scenario that assumed 94 per cent renewables ...