The Weekly Dispatch: Exit delays and REZ pathways

In this edition of the Weekly Dispatch:

  1. The Commonwealth Government has declared a new offshore wind zone 20km off the Hunter coast. The zone will host up to 5 GW of capacity. Greater sea depths mean that floating turbines will be required for the Hunter zone, posing some new technical challenges.
  2. Sev.en has extended the Vales Point exit date from 2029 to 2033. The NSW Government will also make a decision on whether to extend Eraring’s closure date later this year.
  3. Queensland has released their Draft REZ Roadmap. The Roadmap identifies 12 potential future REZs as a pathway to connect 22 GW of new wind and solar generation by 2035 (around 8 times current utility-scale VRE capacity).
  4. Solar and wind farm approvals declined in 2021 and 2022 according to Rystad Energy.
  5. ERCOT continues to break peak demand and VRE generation records.
  6. Podcasts of the week: Energy Insiders hosts Minister Bowen on renewable energy targets, the CIS and the new Hunter offshore wind zone. The Carbon Copy on the promise of iron-air batteries as a form of long duration storage. Catalyst on the transporting hydrogen.
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