Distributed Energy Resources at the forefront of foundational shifts in the National Energy Market (NEM). Planning to optimise your energy resources through this transformation will require a partner that can navigate the energy market and deliver results.
Here’s 5 foundational shifts according to AEMO’s recent ISP and the CSIRO’s Electricity Network Transformation Roadmap:
- Each year actual adoption of electric vehicles, flexible loads, rooftop solar arrays, battery storage systems, and other DERs exceeds even the most bullish of predictions;
- By 2040 63% of fossil fuel energy generation will be retired; replaced by renewable generation;
- Variable Renewable Energy (VRE*) is expect to grow by 60% the next 4 years as fossil fuel retirement accelerates;
- Distributed Energy Resources (DER’s) are expect to triple in the next 10 years; and
- More than 70% of minimum demand in the NEM is forecast to be met by solar by 20251
DERs, whether deployed or in planning are often grossly underutilised and missing valuable opportunities to deliver higher yields and ESG value. Additionally, there remains an untapped market opportunity to begin aggregation of DERs and power curtailment opportunities ahead of the ongoing structural changes in the energy market.
Without optimising your energy assets, historic business cases will fail and your assets will be isolated from benefits of the changing market. Let us show you how to ensure your assets are achieving maximum returns and delivering on your business’s ESG targets.