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The Phoenix Rises

In this Weekly Dispatch:

  1. AEMO services tenders pumped hydro (ACEN Phoenix) and battery (Enervest Utility, Eku Energy Projects) energy storage projects for the NSW roadmap.
  2. The AEMC is increasing the wholesale market price cap to $20,300/MWh from July 1 2025.
  3. The federal government announces a $25m ‘solar for residents’ initiative with the NSW government.
  4. A compressed storage project near Broken Hill has the green light to go ahead.
  5. Work has stopped on Snowy 2.0 after a ventilation fan imploded.
  6. The ENA has released a report on electrification in Victoria featuring Endgame’s modelling.
  7. Podcast of the week: Tim Nelson chats about the post-2030 energy market review.

Who, What, When, Where? Whyalla

In this Weekly Dispatch:

  1. SA Whyalla hydrogen plant shelved.
  2. The IEEFA explores the worsening supply-demand outlook in Australia’s eastern states.
  3. The US energy secretary says Australia should get into the nuclear game.
  4. CAEEPR released two detailed consultation papers on AEMO’s 2024-2025 GenCost document and the draft 2025 IASR.  
  5. Podcast of the week:  Wired for good (Ausgrid) chat about electrifying homes.

Roadmap release

In this Weekly Dispatch:

  1. ARENA published the National V2G strategy featuring Endgame’s modelling.
  2. The CEC published their quarterly investment report in renewable generation and storage. Stating that financial commitments were made for 4.3 GW of new renewable capacity last year.
  3. AEMO released the December 2024 quarterly connections scorecard. 3.6GW of new connection applications were received.
  4. European natural gas prices soar with speculations of a price cap.
  5. Podcast of the week: The Catalyst chat about data centers and co-locating with generation.
  6. This week in NEM history: Eight years ago this week operational demand reached 14,087 MW in NSW when NSW sweltered through a 43 degree heatwave. As we approach the end of summer we have seen operational demand barely exceeding 12,463 MW in NSW. 

H2 Woes

In this Weekly Dispatch:

  1. The BOM released their annual statement of the climate for 2024 which was Australia’s second-warmest year and globally 2024 was the warmest year on record.
  2. The Queensland Government announced that it would not provide any further funding to support Stanwell’s CQ-H2 project.
  3. Callide Power Trading penalised $9 million for not meeting performance standards.
  4. Potentia Energy secures 1.2GW renewable energy portfolio in Australia.
  5. Podcast of the week:  Bloomberg chats about Chinese wind manufacturing and exporting turbines.

Contact

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