NewsBite

Australian Energy Market Operator

August 2024

Schneider Electric’s head of energy transition and sustainability, Lisa Zembrodt.  Photo by Justin McManus.

Early winter freeze, wind drought challenge climate targets

The Albanese government’s 2030 target for a 43 per cent reduction in national carbon emissions got off to a bad start in 2023 and hopes for a fall in the year to June have been jeopardised by coal’s surge.

  • Ben Potter

June 2024

Tom Villiers, general manager – delivery at Tilt Renewables, at the company’s Rye Park wind farm which is nearing full commissioning.   Photo: Martin Ollman 4th June 2024

How an energy ‘boot camp’ rescued this mega wind farm

Rye Park was running into trouble. Its backer – and key customer – needed its power but owner Tilt couldn’t get it to the grid. Enter AEMO.

  • Ben Potter

April 2024

The NSW government of Premier Chris Minn is negotiating with Origin Energy to keep its giant Eraring coal power station open after August 2025.

Coal power surge raises pressure to extend Eraring

A surge in coal generation in NSW in the March quarter has put pressure on Origin and the state government to postpone closing Australia’s largest power station. 

  • Ben Potter

February 2024

Audrey Zibelman, the former chief executive of the Australian Energy Market Operator, is joining the global board of green investment bank Pollination.

Energy distribution companies need radical reform: report

The Energy Security Board says the firms need to be held accountable for making rooftop solar work as a key part of the energy transition.

  • Ben Potter

January 2024

Temperatures of 40 degrees C and more will strain the NSW and Queensland grids this week.

Power grid alert as north-south divide opens up

A gap has emerged between Queensland and NSW – where grid demand is rising and prices are high – and Victoria and South Australia, where demand and prices are low.

  • Ben Potter
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After two years of rises of 20 per cent or more, household power bills will benefit from plunging wholesale electricity costs in 2024.

Why household power bills may ‘fall a little’ in 2024

After two years of rises of 20 per cent or more, household power bills will benefit from plunging wholesale electricity costs in 2024.

  • Updated
  • Ben Potter

December 2023

AEMO is counting on consumers like Donna Jones to play a bigger role in managing the grid as coal plants shut down. Ms Jones took part in Project Edge, a trial of two-way grid trading for solar/battery home owners in Yackandandah, Victoria.

Four key takeaways from the new energy market roadmap

Coal is dead, the consumer is king, rising costs are squeezing new transmission and utility-scale generation projects, and gas will play an indispensable but small role.

  • Ben Potter

Heat ‘blob’ to test green-era energy grid

Heatwave conditions along parts of the east coast are the opening volley of a summer that will test the energy market’s resilience for the first time in four years.

  • Jacob Greber

November 2023

The number of Australian’s accessing hardship programs to pay off their energy bill is increasing sharply.

Solar upstart has an answer to AEMO’s big problem

Teho co-founders David and Jonathan Green reckon they can solve a big grid problem – there are not enough virtual power plants to help balance supply and demand.

  • Ben Potter

October 2023

Alinta Energy boss Jeff Dimery has been busy on the M&A circuit.

Alinta Energy taps MA Moelis to shop billing platform

Alinta is understood to have fielded inbound interest, before kicking off a wider search. 

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Experts have warned of summer blackouts as demand for power surges.

Bowen vows ‘entire government apparatus’ readying to avoid blackouts

The Australian Energy Market Operator said it had sought expressions of interest to provide extra supply in Victoria and South Australia to avoid power outages this summer.

  • Mark Ludlow and Ben Potter
Better management of consumer energy resources such as rooftop solar, batteries and electric vehicle chargers can help get the stuttering energy transition back on track.

‘Demand response’ is the missing link in the solar boom. Here’s how it works

Efforts to integrate rapidly expanding solar panels, batteries, electric vehicles and demand ‘loads’ into the grid lag far behind their take-up. 

  • Ben Potter

August 2023

Utility scale battery projects, such as Victoria’s Big Battery, are helping provide stability in the grid.

Operator banking on batteries and pumped hydro to prevent blackouts

AEMO’s latest report underscores how important ‘deep storage’ projects are to keeping the lights on.

  • Mark Ludlow
Electricity transmission lines near Churchill

Plan to ‘supercharge’ the energy transition

The review aims to broaden the scope of the market operator’s Integrated System Plan from major transmission projects to give a clearer view of the rapidly unfolding energy transition.

  • Ben Potter

July 2023

Increased output from grid-scale solar helped push down electricity prices during the day.

Power prices rise 31pc despite wind and solar glut

The latest quarterly update from the Australian Energy Market Operator found wholesale electricity prices increased 31 per cent in the March quarter, but were well down on last year’s record highs.

  • Mark Ludlow
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Wind and solar energy surged on to the grid in the year to June 30.

The renewables boom is happening at only half the pace needed

There are concerns the shift to clean energy is faltering as critical transmission and generation projects battle community opposition, cost blowouts and delays.

  • Updated
  • Ben Potter

June 2023

Fighting fires

Drought? Bushfires? Blackouts? July will tell on El Niño

“We’re leading into this event with record high ocean temperatures and that is largely taking a bit of a step into the unknown”, the Bureau of Meteorology says.

  • Ben Potter
Pilbara Minerals’ Pilgangoora lithium project in Port Hedland, Western Australia.

Why Australia is stuck in the slow lane on the path to net zero

The government has set the goal of a low-emissions economy by 2050, but now comes the hard part of actually getting there.

  • Mark Ludlow
Farmers protesting the construction of the VNI West transmission project in Victoria.

Energy transition is trapped in ‘approval quicksand’

The clean energy transmission approvals process has been so dismal that fresh thinking is needed.

  • Updated
  • Ben Potter

April 2023

Australia’s love of solar power has resulted in a glut of power in the middle of the day.

Solar glut drives energy grid demand to 18-year low

A record amount of solar generation in the March quarter combined with a milder summer resulted in the lowest demand in the National Electricity Market since 2005.

  • Mark Ludlow

Original URL: https://www.afr.com/topic/aemo-1mkl