The Weekly Dispatch: Need for speed

In this edition of the Weekly Dispatch:

  1. The NSW Government releases the reliability Check Up. The government has accepted most recommendations including to engage Origin around the possibility of extending Eraring beyond 2025.
  2. ESIG releases a white paper on aligning retail pricing with system needs.
  3. A new working paper finds evidence that EV owners shift charging behaviour in response to financial incentives. They do not find evidence that “nudges” change behaviour.
  4. Battery storage helped arrest a frequency dip following an intervention by ERCOT to prevent a transmission line overloading.
  5. Turning to Europe, the European Central Bank has published its second climate stress test finding that a delayed transition increases risks and costs in the long term.
  6. Debates on EU electricity market reform France wants to extend the CfD scheme to refurbished nuclear.
  7. No offshore wind projects were awarded contracts in the latest UK renewable auction. Developers argued that the maximum clearing price of around £60/MWh was too low. The latest results pose a challenge for the government’s target of 50 GW of offshore wind by 2030.
  8. Swedish company H2 Green Steel has raised equity funding of 1.5 billion euros to build a green steel plant.
  9. Podcasts of the week: Energy Insiders interview NSW energy minister Penny Sharpe on Eraring; Montel Weekly on France’s new nuclear ambitions.
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