Month: November 2024

In this Weekly Dispatch:

1. AEMO warns consumers about potential blackouts due to a heatwave.
2. The federal government has announced a review of the NEM’s wholesale market settings considering the design of the market post-2030.
3. According to the Climate Change Authority Australia isn’t in progress to achieve the 2030 emissions goal and it needs to fall by 15 Mt CO₂e each year (it fell by 3 Mt in FY 2024).
4. The AEMC released their analysis of residential electricity trends and estimates that prices could be 13% lower in ten years’ time if the transition proceeds as AEMO expects.
5. Retailers now need to receive customer consent to change their retail tariff after getting a smart meter installed on their premises.
6. Podcast of the week:  Columbia Energy Exchange chat about the global 2024 energy outlook.

In this Weekly Dispatch:

1.      The South Australian Government released a consultation paper on their new Firm Energy Reliability Mechanism.

2. Solar PV installations in Australia hit the 4 million mark.

3.      The CEC released a paper estimating that utility-scale renewable generation can deliver $1 billion to farmers and $200 million to regional communities by 2030.

4.      The US spent $50 billion on distribution services in 2023 followed by transmission and generation.

5. Origin is expanding its Eraring battery from 1,070MWh to 1,770MWh.

6.      Podcast of the week:  SwitchedOn chat about solar PV uptake and neighbourhood effects.

In this Weekly Dispatch:

1. Vehicle-to-grid (V2G) charging will be available for some cars in 2025.

2. 1400MW of large-scale renewable energy generation projects were committed in the third quarter of 2024.

3. Tender 3 is now open for the Capacity Investment Scheme, seeking 16GWh of projects.

4. Fruit bats are causing recurring power outages in remote areas of the Northern Territory.

5.      AEMO intervened to maintain system strength in Victoria.

6.      Podcast of the week: Columbia Energy Exchange chat about climate and trade policy.

In this Weekly Dispatch:

1.      The AER released the State of the Energy Market FY 2024 report.

2.      DCCEW released the Capacity Investment Scheme allocations by jurisdiction.

3.      The new Queensland Government has cancelled the Pioneer-Burdekin Pumped Hydro project.

4.      The NSW Government has approved a modification to a large-scale wind farm which will see it grow by 370MW.

5.      Podcast of the week:  Columbia Energy Exchange chats about making the transition more equitable.

In this Weekly Dispatch:

1.      AEMO released the Q3 Energy Dynamics Report stating that a cold start to spring led to more energy demand and that there is 45.6 GW of new capacity progressing through the connection process.

2. Construction commences on stage two of Origin’s Eraring BESS.

3.      The first stage of Neoen’s Collie BESS has commenced operations ahead of schedule.

4. Powerlink released its Transmission Annual Planning Report (TAPR) while AEMO released the Victorian Annual Planning Report.

5.      ARENA supports Australia’s first concentrated solar thermal deployment, with $17.2 million in funding for Mars Petcare to develop the renewable energy plant at its pet food manufacturing facility.

6.      Podcast of the week:  Bloomberg chat about clean energy policies in the US and EU.

In this Weekly Dispatch:

1.      The UN reports that countries must start curbing emissions immediately as the globe is on track for a 3.1c temperature rise.

2.      AEMO submitted an issues paper on the 2026 ISP methodology proposing to expand their gas supply model and introduce representations of distribution network capabilities.

3.      Taiwan is months away from shutting off all nuclear power.

4.      IPART is investigating whether Transgrid has breached its licences after the black outs in Broken Hill last week.

5.      Singapore conditionally accepts electricity from Australia’s Suncable project.

6.      Podcast of the week:  Bloomberg talk about heavy transport and decarbonisation.