The Weekly Dispatch: Game Changer

In this edition of the Weekly Dispatch:

  1. The Commonwealth Government has announced an expansion of the Capacity Investment Scheme (CIS) to 23 GW of VRE and 9 GW of zero-emission dispatchable plant by 2030. They will work with state governments to roll out the CIS through 6-monthly auctions beginning in April 2024 with the last auction to be held in 2027.
  2. AEMO Services has awarded contracts to six projects for 1,075 MW/2,980 MWh of storage and demand response in its firming tender.
  3. Minister Bowen spoke in WA about the need for new gas development, including for electricity firming. Minister King also spoke about the role of gas in the transition.
  4. ERCOT has dropped plans to procure 3,000 MW of dispatchable capacity before winter.
  5. Podcast of the week: Energy Insiders interviews Brad Hopkins on (1) and (2) above; Odd Lots on the challenges facing the offshore wind industry.
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