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Large-scale solar PV plant in Victoria, Australia, with battery storage in foreground. The new CfD is designed to stimulate investment in large-scale PV and wind, which has stalled in Australia in recent months. Image: Edify Energy.

32GW CfD scheme for dispatchable renewables is ‘biggest news in Australian electricity policy’

November 28, 2023
The Australian government’s start of competitive Contracts for Difference (CfD) tenders for dispatchable renewable energy capacity backed with energy storage is an unprecedented step for national energy policy.
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