national electricity market
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
Ampyr, Shell Energy Collaborate for 1,000 MWh BESS
The target capacity of the Wellington BESS is 500 MW/1,000 MWh that makes it among the biggest battery storage projects in the Australian state. The BESS project will certainly enhance neighboring existing renewable energy generation assets as well as the proposed extra generation to be delivered as part of the Central West Orana REZ.
Oct 17, 2022 // Storage, new south wales, Renewable Energy, national electricity market, Greg Joiner, AMPYR, Ampyr Australia Pty Ltd, Shell Energy Australia, the Wellington BESS, TransGrid Wellington
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's new prime minister vows to make nation 'renewable energy superpower'
Australia's new head of state, Anthony Albanese, has promised to make the nation a renewables "superpower" following his Labor Party's victory in Saturday's federal election, which ousted predecessor Scott Morrison's conservative coalition.
May 23, 2022 // Plants, Markets & Finance News, Grids, Policy, ENERGY STORAGE, Australia, climate council, Oceania, rooftop solar, policy, net zero, national electricity market, grid upgrades, Anthony Albanese
EnergyAustralia to take 180MWh of battery storage right into the NEM for Edify Energy
Energy generator as well as store EnergyAustralia will manage and also run 2 large-scale battery energy storage systems (BESS) in a portfolio in growth by Edify Energy.
Apr 13, 2022 // Storage, TESLA, Australia, NEM, Oceania, new south wales, Optimisation, national electricity market, EnergyAustralia, arbitrage, fcas, trading
Tesla Megapacks chose for Edify's 300MWh Australia battery portfolio
Tesla has been gotten to offer 150MW/300MWh of its Megapack battery energy storage system (BESS) remedy for projects in growth by Edify Energy in Australia.
Mar 23, 2022 // Markets & Finance News, Storage, EPC, TESLA, Australia, Oceania, new south wales, project news, national electricity market, supply deal, inertia, smart inverters, synchronous generation, synthetic inertia, virtual inertia
World's 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its very first of a kind 'solar hydro' nuclear power plant making up 4 MW of solar PV generation and 3 MW/ 50 MWh (17 hours) of dispatchable storage ability in north-west Victoria.
Jun 10, 2021 // Plants, Storage, Australia, NEM, Oceania, ARENA, Renewable Energy, national electricity market, Australian Renewable Energy Agency, solar hydro power plant
Solar additions drive record low electricity costs in South Australia
South Australia saw record low daytime energy costs in the very first 3 months of this year, driven by a sharp uptake in renewable power sources, consisting of rooftop solar.
Apr 28, 2021 // Markets & Finance News, Victoria, Australia, South Australia, queensland, Oceania, new south wales, rooftop solar, grid stability, Australian Energy Market Operator, Violette Mouchaileh, national electricity market
Australian regulatory authority calls for 'immediate' reform to address challenges encountering electricity supply
Australia has "just months" to settle a redesign of its National Electricity Market (NEM) so customers can profit of raised sustainable generation capability, according to the regulator that gives oversight for energy security and also integrity in the nation.
Jan 6, 2021 // Markets & Finance News, Grids, Policy, Australia, rooftop PV, Oceania, grid connection, national electricity market, Kerry Schott
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