AEMO
Record Renewable Output Lowers Costs, Emissions - Australian Energy Market Operator
NEM achieved a new milestone with renewable resource supplying a record-breaking 66 percent, AEMO reported
National Electricity Market (NEM) covers all areas of Australia except Western Australia as well as the Northern Territory
Apr 28, 2023 // Markets & Finance News, AEMO, NEM, Australian Energy Market Operator, national electricity market, AGL Energy Ltd
AEMO gets rid of suspension, restores wholesale power markets in all Australian areas
The Australian Energy Market Operator (AEMO) has actually lifted the wholesale power market suspension in all areas of the National Electricity Market (NEM) from 2pm today (AEST), after stepping in greater than a week earlier.
Jun 24, 2022 // Markets & Finance News, Australia, AEMO, Oceania, Australian Energy Market Operator, national electricity market, wholesale markets
Australia commits to greater 2030 emissions reduction target
Australia's new Labor government has actually increased the nation's 2030 emissions reduction target as it vowed to support the transition to renewables by purchasing transmission infrastructure and also energy storage.
Jun 16, 2022 // Plants, Markets & Finance News, Grids, Policy, Australia, AEMO, Oceania, policy, Emissions, climate targets, Anthony Albanese
Solar growth continues to erode coal market share in Australia as prices soar
Solar PV and various other renewables represent more than a third of electricity generation in Australia's National Energy Market (NEM) in Q1 2022, coal's share slipping by five percentage points year-on-year.
May 17, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Australia, AEMO, NEM, Oceania, national energy market, distributed generation, grid transmission
Australian virtual power plant aggregates very first plan of residentially created energy
A virtual power plant (VPP) pilot programme in Western Australia that intends to adjust grid management to support higher uptake of rooftop solar has actually accumulated its first plan of residentially generated energy.
May 5, 2022 // Residential, Rooftop PV, Australia, AEMO, Oceania, Western Australia, VPP, virtual power plant, pilot project, synergy
Australia breaks renewable records however high fossil fuel prices trigger higher wholesale electricity prices
Solar PV and also various other renewables accounted for a record share of electricity generation in Australia's National Energy Market (NEM) in Q4 2021 at 34.9%, while average wholesale prices rose with the higher cost of fossil fuels regardless of their share of the energy mix shrinking.
Feb 9, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Australia, AEMO, Oceania
Rise of Solar Rooftops to Accelerate Coal's Exit in Australia
Power sector is undertaking a more rapid adjustment, AEMO states
About half of residences anticipated to have roof solar by 2032
Dec 10, 2021 // Markets & Finance News, Rooftop PV, Australia, AEMO, Oceania
Neoen fires up 300MW Victorian Big Battery
The facility is a cooperation with Tesla, deploying its Megapack modern technology, and AusNet Services
Dec 8, 2021 // Storage, TESLA, Australia, AEMO, neoen, Lily D’Ambrosio, Oceania, Xavier Barbaro, Louis de Sambucy, Australian Energy Market Operator
S.Aussie Grid World's 1st to Get to Zero Demand, Rooftop Solar Was Key
To its knowledge, claims the Australian Energy Market Operator (AEMO), South Australia is the initial gigawatt-scale power system in the world to technique zero operational demand due to such high percentages of demand being met by distributed energy resources (DER) such as rooftop solar.
Nov 22, 2021 // Markets & Finance News, Rooftop PV, Australia, AEMO, Oceania, Australian Energy Market Operator
Victoria introduces second renewables auction of 600MW, with more powerful network needs
The Australian state of Victoria has launched its second Victorian Renewable Energy Target (VRET) auction for 600MW of energy projects, which will include strengthened network demands to ensure projects can be easily linked to Australia's grid.
Sep 1, 2021 // Plants, Commercial, Markets & Finance News, Grids, Policy, Victoria, tender, AEMO, auction, NEM, grid connection
Renewables can fulfill all electricity demand in Australia at certain times of day by 2025
Accelerating release of utility-scale solar as well as wind means much of Australia can have adequate eco-friendly generation to fulfill 100% of consumer demand at specific times of the day by 2025.
Aug 31, 2021 // Markets & Finance News, Australia, AEMO, NEM, rooftop PV, Oceania, Daniel Westerman
AEMO creating simulation device to promote grid connections for renewable energy
The Australian Energy Market Operator (AEMO) has invested in a cloud-based source for developers that will make it less complicated and much faster for renewable energy projects to link to the grid with a AU$ 2.23 million investment.
Aug 25, 2021 // Plants, Markets & Finance News, Grids, Australia, AEMO, Oceania, ARENA, Angus Taylor, Daniel Westerman
AEMO releases report outlining five scenarios for Australia's energy future
The Australian Energy Market Operator (AEMO) has actually published a collection of preparation and forecasting publications under the 2021 Inputs, Assumptions and Scenarios (IASR) report that existing 5 various visions of Australia's future.
Aug 5, 2021 // Markets & Finance News, Australia, AEMO, hydrogen, Oceania, scenarios
AEMO principal wants Australia's grids prepared for 100% renewables by 2025
The new principal of the Australian Energy Market Operator (AEMO) has said he desires the country's grids to be with the ability of dealing with 100% renewables by 2025.
Jul 16, 2021 // Grids, Australia, AEMO, Oceania, rooftop solar, Daniel Westerman
Australian electrical energy demand rolls in Q3 as country accepts rooftop solar
Australia's roof PV boom incorporated with modifications in power usage because of COVID-19 drove electrical power demand to record lows in 3 states throughout Q3.
Oct 22, 2020 // Plants, Rooftop PV, Market Research, Australia, AEMO, rooftop PV, Oceania, covid-19, Audrey Zibelman
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