Renewable generation

  • Low carbon generation

    “If I don’t get some shelter, ooh yeah, I’m gonna fade away”: How much firming is needed for wind?

    In the last week, renewable generation in SA has varied from 126% of local demand to only 0.6%. During this period of low wind in the state, SA was importing ~600MW from Victoria. At that same time, renewables were thankfully generating 34% in VIC, along with brown coal pretty much...

  • Low carbon generation

    Chart of the week | To 6 GW… and beyond! Offshore wind in the CfD scheme

    The role of Contracts for Difference (CfD) generators in the electricity market continues to expand and Allocation Round 4 (AR4) to be held later in 2021 will expand this role further. By the end of 2020, installed generating capacity supported by the CfD scheme already totalled 5.2GW, providing Great Britain...

  • Energy storage and flexibility

    Australian Chart of the week | Battery of the nation + hydrogen export: Can they do both?

    The Tasmanian government have announced that they will set a target to double their current renewable generation by 2040. Based on current market dynamics, this means that Tasmania will likely need consistent renewable generation of around 2.4 GW (assuming average requirements) or 3.4 GW (if scaled to peak demand). This...

  • Low carbon generation

    Australian Chart of the week | You’ll have to share your cake: wind v gas in ‘epeak’ battle

    Spot prices are back in the headlines with increased renewable generation impacting both long term price trends as well as driving intraday value shifts; especially across mainland regions. With significant renewable generation still to come to replace exiting coal as covered in Issue 39, the key question then becomes: how much value...