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Renewables Push Could Blackout Australia Without Total Grid Reform
A total reform to Australia’s grid is urgently needed, or else the transition to renewables could spell disaster for energy security, says the government’s Energy Security Board.
The board told state and federal leaders at the National Cabinet on Wednesday that Australia’s accelerated conversion from coal to wind and solar had to be accompanied by a total overhaul to the nation’s energy grid.
“This isn’t just a tweak around the edges,” said Energy Security Board Chair Kerry Schott. “It’s about a whole redesign of the national electricity market.”
Energy Minister Angus Taylor (Image: AAP/Mick Tsikas)
Scandal-plagued energy minister Angus Taylor is on the verge of implementing a plan to force electricity consumers to subsidise unviable coal-fired power stations to continue operating a plan that is opposed by the bulk of the electricity generation and retailing industry.
Both
Financial Review have reported seeing a draft set of recommendations by the Energy Security Board proposing to impose a physical retail reliability obligation (PRRO) on electricity retailers. This would require retailers to purchase capacity for dispatchable power supply most likely from the owners of fossil fuel power plants. The proposal, along with other electricity market reform recommendations, will go to national cabinet for consideration.