Australia’s Essential Services Commission (ESC) proposes dropping the minimum flat feed-in tariff for solar PV to AU$0.04/kWh from 1 July 2025-26, down from the current AU$3.3/kWh in 2024-25.
The Australian Energy Market Commissioner (AEMC) has released a final determination to enable virtual power plants (VPPs) to compete directly with large-scale generators in Australia’s energy market.
The deployment of grid infrastructure and energy storage is a key element to avoid delaying global energy transition, according to the International Renewable Energy Agency (IRENA).
A transatlantic interconnection between Europe and North America could provide both grids more security and efficiency, according to a report from think tank Ember.
The Australian Energy Market Operator (AEMO) has said that the National Electricity Market (NEM) must introduce a new ‘emergency backstop’ mechanism to manage the impact rooftop solar PV can have on grid stability.
The Australian government has commenced a review of the National Electricity Market (NEM) to identify how it will operate in the coming decades and facilitate the uptake of solar PV.