On Sunday, the national electricity market reached a new milestone, surpassing solar power for the first time since its inception.
On Sunday, low demand and the contribution of sunny skies to coal fell to 9,315 megawatts in the afternoon, while the sun was the main contributor to 9,427 megawatts.
Dylan McConnell, a researcher at the College of Climate and Energy at the University of Melbourne, said the short-term sun represents 57 percent of the country’s electricity.
McConnell: “This is what I call the” unofficial registration period. ” “It simply came to our notice then [to get these numbers] But in the spring or summer you have a low demand combination, because there is no heating or cooling, and then good weather on the weekends.
Those reasons are combined, and you will generally find these huge renewable energy stocks that drive coal.
While McConnell said he was only “transient” and that “Australia is far from a major renewable energy source”, energy prices were also negative on Sunday from 8.30pm to 5pm.
Even if the actual price varies by power, the producers will have to pay for the food, or the energy producers will have to pay to continue their work.
Unlike lighter solar and wind producers, coal producers are particularly vulnerable when prices are negative. The costs associated with shutting down and restarting coal generators are very high, which means that operators will continue to run at a loss.
According to Datlogger NMlog, South Australia’s 100% energy demand is 100% compliant with wind and solar, while Victoria meets 102% of government demand.
Energy analyst Simon Holmes told the court that the total amount of renewable energy – solar, wind and hydro – will be higher in the energy mix, but wind turbines have chosen to keep prices down.
“It was a huge restriction,” he said. This means that if the coal plants are more flexible and the distribution is improved, there will be more renewables that can enter the grid.
The growth comes from Pure Energy Investment Group (CEC) – part of an 18-member support group for large-scale renewable energy projects – to “integrate Australia with global markets” and “open up” new investment.
Renny’s model for the group recognizes that 51GW will be needed by 2042 to deliver on its promises under the Paris Agreement on Climate Change in Australia, but only 3GW’s new wind and solar projects have left 48GW shortages. .
CEIG CEO Simon Corbel said governments and regulators need to align Australian investment guidelines with global markets.
“Pure energy investors now face significant risks in the NM by withholding the necessary capital,” Corbel said.
To open the $ 70 billion investment pipeline, we need effective market reforms and policy certainty, which could save up to $ 7 billion in capital costs or up to 10% of Australia’s clean energy costs.