In this edition of the Weekly Dispatch:
- 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.
- AEMO Services has awarded contracts to six projects for 1,075 MW/2,980 MWh of storage and demand response in its firming tender.
- 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.
- ERCOT has dropped plans to procure 3,000 MW of dispatchable capacity before winter.
- Podcast of the week: Energy Insiders interviews Brad Hopkins on (1) and (2) above; Odd Lots on the challenges facing the offshore wind industry.