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AEMO says Australia "well ahead" of 90 per cent renewables scenario for 2040 - Vimarsana News

AEMO says Australia "well ahead" of 90 per cent renewables scenario for 2040

10 May 2021 The Australian Energy Market Operator says the rate of wind and solar additions on the country’s main grid, and the huge and growing pipeline, means it is “well ahead” of its most optimistic renewable transition scenario of 90 per cent renewable energy penetration by 2040. AEMO chief systems design officer Dr Alex Wonhas said in a statement on Monday that a further 300 generation and storage projects, totalling 55,000MW, were currently proposed across the NEM, nearly double its current total installed capacity. “Based on the pipeline of registered and commissioned renewabl...

Final pitch made for new transmission link critical for major wind, solar projects - Vimarsana News

Final pitch made for new transmission link critical for major wind, solar projects

4 May 2021 Transmission companies ElectraNet and Transgrid have made their final pitch to the regulator for the proposed new $2.4 billion link between South Australia and NSW, arguing it is essential for Australia’s clean energy transition and will unlock significantly bigger benefits than previously thought. The new filings to the Australian Energy Regulator for the 900km, 800MW Project EnergyConnect (PEC) transmission link is the last major hurdle in what has been a typically drawn out regulatory process. The AER has previously expressed concern about the amount of monetary benefits from ...

Australia could reach 75 pct renewables before things get tricky, Schott says - Vimarsana News

Australia could reach 75 pct renewables before things get tricky, Schott says

4 May 2021 Australia will experience more and more days powered by 100 per cent renewable electricity as the growth in wind and solar uptake continues to surge, a key government advisor on market reforms has told an industry briefing. The Energy Security Board has commenced a consultation process on a proposed package of reforms to Australia’s main market for electricity, which it says will help manage a rapid transition currently underway from transitional coal and gas generators to a new mix of predominantly wind, solar and storage. Chair of the Energy Security Board, Kerry Schott, told a...

Morrison government confirms clash with AEMO over "gas recovery" assumptions - Vimarsana News

Morrison government confirms clash with AEMO over "gas recovery" assumptions

3 May 2021 The Morrison government has confirmed it clashed with a key energy market body over gas price assumptions, suggesting that the government applied pressure in an attempt to advocate for a bigger role for gas in the energy system. Speaking to a senate estimates hearing on Monday, officials said that there had been a disagreement between the Morrison government and the Australian Energy Market Operator (AEMO) over gas price assumptions to be used in the Integrated System Plan, with the government suggesting AEMO’s assumed gas prices were too high. The Morrison government has advocat...

Biden pushed to implement new standard for fossil-free power by 2035 - Vimarsana News

Biden pushed to implement new standard for fossil-free power by 2035

27 April 2021 US media outlet Axios is reporting that a broad and powerful coalition of environmental groups will be ramping up pressure on US President Joe Biden to implement an effective policy mechanism to realise a rapid shift in America’s electric grid. The Biden administration went to the recent election with an ambition to achieve 100% carbon free power by 2035, but has so far not begun the process of creating legislative instruments to realise this change. The ambition aligns with the Biden administrations intention to achieve net zero emissions by 2050, and the recently announced i...