Lumi Adisa, Senior Consultant – Wholesale & Modelling at Cornwall Insight Australia, said ‘ 5-minute settlement, transmission loss factors, the wholesale demand response mechanism and reducing customer switching time are likely to have some of the highest impact on stakeholders.’
Announcement
From Cornwall Insight Australia's Energy Market Perspective Our quarterly Energy Market Perspective contains an analysis of indicative capacity at REZ zones throughout the NEM. The following assessment for NSW is from our latest edition. Request Energy Market Perspective call back The strategic development of Renewable Energy Zones (REZs) in New...
Announcement
From Cornwall Insight Australia's Energy Market Alerts service Last Friday, the Commonwealth announced a major boost to the Capacity Investment Scheme, with the scheme now expected to deliver 32GW (combination of 9GW firming capacity and 23GW renewable generation) – up from 6GW. Cornwall Insight Australia has released an Energy Market...
Announcement
From Cornwall Insight Australia's Energy Market Alerts service Energy laws have now been amended to incorporate an emissions reduction objective alongside the other objectives. The list of targets that the market bodies will need to consider is listed in a separately published Targets Statement. The targets currently listed cover both...
Announcement
From Cornwall Insight Australia’s NEM Market Analysis report With over 700 GWh of rooftop PV added to the NEM since October last year, records were again set in NEM minimum demands along with a high instantaneous renewable penetration within the grid of 71.4%. Once again, the month’s main story was...
Announcement
From Cornwall Insight Australia’s NEM Market Analysis report This October saw a 12.6% reduction in total emissions (accounting for -1.18 Mt CO2-e reduction) as solar and wind generation has increased significantly. The reduction in emissions may continue with the arrival of Fly Creek and Rye Park wind farms expected soon...
Announcement
Cornwall Insight Australia recently launched our Marginal loss factor (MLF) curve subscription insight service. The MLF curve provides future projections of MLF throughout the NEM, allowing clients to be better informed of likely MLF trajectories for both current projects and be able to benchmark MLFs for projects under development. The...
Announcement
Cornwall Insight Australia released the latest Frequency Control Ancillary Service (FCAS) price curves for Q3 2023 on 21 September 2023. Available to download is an excerpt reporting the headlining power price trends from the FCAS insight service. NEM FCAS markets in Q1 and Q2 of 2023 saw lower overall costs,...
Commercial and market outlook
Cornwall Insight Australia has released our latest NEM Benchmark power curve (BPC) for Q3 2023 to our insight service subscribers. We have released a free excerpt, which you can access below. The future of the energy transition requires substantial new generation, which means increasing the size of the skilled workforce, speeding...
