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Wind and solar will keep electricity market prices low, but headwinds grow for gas


7 May 2021
In our latest Australian Electricity Outlook (AEO) for the National Electricity Market (NEM), published on Thursday, we present our expectations for LGC and wholesale electricity price development in each region of the NEM over both medium-term (four years) and long-term horizons (20 years).
Modelling considers a Central Case for electricity price development in line with RepuTex’s view of the current transition of the energy industry and market drivers, along with an Alternative Case reflecting AEMO’s “Step Change” shift to renewable energy, accounting for faster coal closures, technological improvements and more aggressive action on climate change in line with a “well below 2°C” Paris climate commitment (to achieve net-zero emissions prior to 2050). ....

Murry Rezs , Victorian Renewable Energy Zones Development Plan , National Electricity Market , Renewable Energy Zones Rezs , Australian Electricity Outlook , Central Case , Alternative Case , Renewable Energy Zones , North Queensland , Five Minute Settlement , Virtual Power Plant , Step Change , தேசிய மின்சாரம் சந்தை , ஆஸ்திரேலிய மின்சாரம் ஔட்‌லுக் , மாற்று வழக்கு , புதுப்பிக்கத்தக்க ஆற்றல் ஸோந்ஸ் , வடக்கு குயின்ஸ்லாந்து , ஐந்து நிமிடம் தீர்வு , மெய்நிகர் பவர் ஆலை , படி மாற்றம் ,

'Tsunami' of renewables to sweep gas and coal out of market, and drive prices lower


3 May 2021
New analysis suggests that a flood of new wind and solar projects will drive electricity prices lower, and higher gas prices will mean the fossil fuel will play a minimal role in the future energy system.
A new analysis published by analyst firm Reputex on Monday estimates that around 7GW of new wind and solar projects will be commissioned in Australia’s main grid within the next two years, with a pipeline of more than 60GW of new projects out to 2040.
The majority of this new capacity will be focused in New South Wales and Victoria and will come as around 13GW of black coal power stations and 1.4GW of brown coal generators exit the market over the same period. ....

New South Wales , Kerry Schott , Frank Calabria , Bret Harper , Michael Mazengarb , Origin Energy , Energy Security Board , Five Minute Settlement , புதியது தெற்கு வேல்ஸ் , கெர்ரி ஸ்காட் , வெளிப்படையான கலாப்ரியா , ப்ரெட் ஹார்பர் , ஆரிஜிந் ஆற்றல் , ஆற்றல் பாதுகாப்பு பலகை , ஐந்து நிமிடம் தீர்வு ,