national energy market
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
Rooftop Solar Sets New Gen Record on Australian Grid Amid RE Boom
With generation capability coming to a head at 9,104 MW at midday on October 6, 2021, roof solar has established yet an additional record in Australia.
Even more, in September 2021, renewables provided a record 35.4 per cent share of generation on Australia's main grid.
Oct 6, 2021 // Markets & Finance News, Rooftop PV, Australia, Oceania, rooftop solar, renewables, national energy market, Australian Energy Market Operator
Solar and also wind press wholesale power rates to record lows in Australia
The uptick of renewables in Australia has actually aided cause three-year lows for wholesale power costs on the nation's biggest power market.
Feb 10, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, Rooftop PV, ENERGY STORAGE, Australia, AEMO, Oceania, curtailment, national energy market, grid curtailment
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