Australia’s El Nino summer has heightened risks of grid failure as demand on the national energy market is forecast to reach unprecedented levels. The backdrop to these risks is a slower than forecast build of renewable energy capacity and ongoing closures of coal generation plants. Localised generation and load flexibility are significant risk mitigation opportunities […]
Read moreAustralian Energy Market Operator (AEMO) says that “imminent and urgent” investment is required to keep the lights on in Australia in its annual 10-year outlook for power supply and demand. The backdrop of retiring coal power fleets and delays to deployment of new utility-scale renewables is creating a bleak outlook for power prices and energy […]
Read moreThe Australian Energy Market is a complex and interconnected system that facilitates the generation, transmission, distribution, and retail of electricity and natural gas throughout Australia. It operates under the National Electricity Market (NEM) and the Wholesale Electricity Market (WEM) for the eastern and western parts of the country, respectively. Here’s an overview of its key […]
Read moreWhat is FCAS? In most of Australia, electricity is procured through the National Electricity Market (NEM). Every five minutes, large suppliers and consumers by and sell electricity in the Wholesale Energy Market. The Australian Energy Market Operator (AEMO) runs this market and typically ensures there is a balance between supply and demand. However brief fluctuations […]
Read moreThe term “virtual power plant” (VPP) is often misused because it can refer to a variety of different energy management systems, and there is no universally accepted definition of the term. As a result, the term can be applied to a range of different technologies and business models that vary widely in their design, capabilities, […]
Read moreThere are several types of battery storage systems that are commonly used in commercial settings, that work in unison with existing solar. The most common types of battery technologies used in commercial applications include: Ultimately, the choice of battery storage system will depend on the specific requirements of the commercial application, including factors such as […]
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