capacity investment scheme

Australia has opened registrations for Capacity Investment Scheme (CIS) Tender 7, which targets 5GW of renewable energy generation capacity across the National Electricity Market (NEM).

The Australian government has announced the results of the fourth Capacity Investment Scheme (CIS) tender, with 6.6GW of renewables awarded long-term contracts.

Two CIS tenders have opened in Western Australia, seeking 1.6GW of renewable energy generation in the Wholesale Electricity Market (WEM).

Australia’s Productivity Commission said the country should phase out subsidies for renewables and replace them with market-based incentives.

Australia’s Department of Climate Change, Energy, the Environment and Water (DCCEEW) has announced plans to run four new Capacity Investment Scheme (CIS) tenders by the end of 2025.

Australia’s minister for climate change and energy, Chris Bowen, has announced plans to streamline the Capacity Investment Scheme (CIS) to around six months.

Lumea, the commercial entity of Australian transmission system operator Transgrid, is set to connect one of New South Wales’ largest solar PV power plants to the National Electricity Market (NEM).

A 300MW solar-plus-storage twin project is set to be developed in North Queensland, Australia, after success in the recent Capacity Investment Scheme (CIS) tender.

The successful projects of the first CIS tender round in Australia have been revealed, with 2.75GW of solar PV being awarded.

Registrations for tender 4 of Australia’s CIS opened on 28 November, seeking 6GW of renewable energy capacity in the NEM.