In this Weekly Dispatch: Last week saw a stretch of very low wind across the NEM. David Osmond notes that it’s the lowest wind output in the renewable NEM simulation to date. El Nino has ended. The QLD opposition has…
The Weekly Dispatch: Valuing emissions reduction
In this Weekly Dispatch: Ministers have published the methodology for calculating the Value of Emissions Reduction as an average of the escalated ACCU price and IPCC abatement figures. The resulting interim values range increase from $70/tonne in 2024 to $420/tonne…
The Weekly Dispatch: Solar surge
In this Weekly Dispatch: The Queensland Government has released the Renewable Energy Zone Roadmap. It aims to support 22 GW of new renewable capacity in up to 12 REZs across Queensland. The Federal Government has announced $1 billion investment for…
The Weekly Dispatch: Running out of gas
In this Weekly Dispatch: The Draft DMO determination shows (real) reductions in the DMO across all regions after 2 years of sharp increases. The 2024 GSOO shows risks of gas supply shortfalls arising on extreme peak demand days from winter…
The Weekly Dispatch: Driving change
In this Weekly Dispatch: The CEC published Clean Energy Australia 2024. The report notes record financial commitments for storage in 2023 but finds that utility-scale renewables are being deployed at about half the required rate to meet targets. The Electric…
The Weekly Dispatch: Florence is on the move
In this Weekly Dispatch: The ABC provides an update on Snowy 2.0. Rio Tinto has signed Australia’s largest PPA agreement to power its Gladstone assets. Over at WattClarity, Allan O’Neil gets into the weeds of dispatch during the loss of…
The Weekly Dispatch: System stress
In this Weekly Dispatch: AEMO has released a preliminary report into the trip at Moorabool during a storm which left 500,000 customers in Victoria without power. CS Energy releases technical report into the Callide explosion in 2021. They also provide…
The Weekly Dispatch: Power dynamics
In this Weekly Dispatch: Energy Ministers have released an Energy Security Board report on integrating customer energy resources into the NEM. The AER is taking action against Callide Power Trading in relation to the explosion at Callide C in 2021.…
The Weekly Dispatch: Amber Ambitions
In this Weekly Dispatch: EnergyAustralia has confirmed a $1 billion write down with lower retail margins and higher cost of capital. The latest ACCC inquiry found retailer margins at just 2.3%. Le Chatelier’s principle. Lynne Kiesling writes an excellent defence…
The Weekly Dispatch: Breaking new barriers
In this Weekly Dispatch: Queensland set a record peak demand on Monday, breaking the previous record by 875 MW. The latest AEMO QED finds lower wholesale prices and record renewable production. The report also discusses the growing north-south split in…