nem

The Australian Energy Market Operator (AEMO) has revealed its 2022 Integrated System Plan (ISP), laying out a 30-year roadmap that plots the transition to net-zero and identifies upcoming investments in the National Electricity Market (NEM), which covers the populous south and east of the country.

Solar PV and other renewables account for more than a third of electricity generation in Australia’s National Energy Market (NEM) in Q1 2022, coal’s share slipping by five percentage points year-on-year.

Proposed changes to California’s net metering (NEM) incentive programme will severely reduce residential PV’s value proposition in the state, cutting its solar market in half by 2024, Wood Mackenzie has warned.

Proposed net metering (NEM) rules in California that would add a US$8/kW per month grid access fee for residential solar systems have been described as “regressive and out of touch with reality” by a NEM policy expert.

California regulators have proposed a raft of changes to a state solar incentive programme, including reducing the credit homeowners with PV systems would receive for selling excess electricity back to the grid.

A coalition of 347 organisations has warned that potential changes to California's policy support for rooftop solar could set back climate change progress and harm low-income access to solar energy.

The Australian state of Victoria has launched its second Victorian Renewable Energy Target (VRET) auction for 600MW of energy projects, which will feature strengthened network requirements to ensure projects can be easily connected to Australia’s grid

Accelerating deployment of utility-scale solar and wind means much of Australia could have sufficient renewables generation to meet 100% of consumer demand at certain times of the day by 2025, the Australian Energy Market Operator has said.

Octopus Investments Australia has deployed Fluence’s AI-powered trading platform to optimise the output of its 333MW Darlington Point Solar Farm in New South Wales (NSW).

Australia’s electricity markets are undergoing a profound transformation from a centralised system of large fossil fuel plants towards an array of smaller-scale, widely dispersed solar and wind generators, grid-scale batteries and demand response, according to a new report from the Australian Energy Regulator.