The Australian Energy Regulator (AER) has said that a delay in new renewable energy and energy storage capacity coming online on the National Electricity Market (NEM) in 2023-24 means the grid will reach 6.4GW at full capacity next year.
UK-based research group Cornwall Insight has projected that Australia’s National Electricity Market (NEM) will add 150GW of solar PV, wind and energy storage capacity by 2043.
PV Talk: Sunrun’s Chris Rauscher tells Jonathan Touriño Jacobo why virtual power plants could be used to power energy-hungry data centres and, in the process, open up new residential solar + storage markets.
Australia’s energy minister Chris Bowen revealed today (21 October) that the federal government is seeking 10GW of capacity from energy storage, wind, and solar PV in the next Capital Investment Scheme (CIS) tender round.
The decision has been forecast for some months and was welcomed today by Holland Solar, the Dutch solar association, which acknowledged that the current scheme is “no longer sustainable”.