The rapid deployment of solar and other renewables is creating new pressures on the efficient operation of electricity markets. Stephen Woodhouse looks at whether a shift from national to locational pricing offers a solution to optimal market design as decarbonisation efforts gather.
The Australian government’s start of competitive Contracts for Difference (CfD) tenders for dispatchable renewable energy capacity backed with energy storage is an unprecedented step for national energy policy.
Australia’s government is supporting the development of two major transmission projects to facilitate the connection of additional renewable energy capacity.
Germany solar developer Wirsol Energy has received development approval for its Maryvale solar and energy storage project in New South Wales (NSW) by the NSW Department of Planning, Industry and Environment.
Australia’s new prime minister, Anthony Albanese, has pledged to make the country a renewables “superpower” following his Labor Party’s victory in Saturday’s federal election, which ousted predecessor Scott Morrison’s conservative coalition.
The Australian Energy Market Operator (AEMO) has invested in a cloud-based resource for developers that will make it easier and faster for projects to connect to the grid through a AU$2.23 million investment
Octopus Investments Australia has deployed Fluence’s AI-powered trading platform to optimise the output of its 333MW Darlington Point Solar Farm in New South Wales (NSW).
Australia’s electricity markets are undergoing a profound transformation from a centralised system of large fossil fuel plants towards an array of smaller-scale, widely dispersed solar and wind generators, grid-scale batteries and demand response, according to a new report from the Australian Energy Regulator.
