Australia must increase renewables to avoid blackouts, market operator | – #Australia #increase #renewables #avoid #blackouts #market #operator
SYDNEY, Feb 21 (Reuters) – Eastern Australia could face power outages from the middle of this decade if renewable energy projects are not accelerated as the country rapidly moves away from its dependence on coal-fired power stations, an energy market operator has warned. Tuesday.
The Australian Energy Market Operator (AEMO) has warned that transmission reliability gaps could start to emerge from 2025 and then widen in 2027, when at least five coal-fired power stations are expected to retire, and that National He said that 13% will be cut from the Electricity Market (NEM) network.
The NEM covers all regions of Australia except the state of Western Australia and the Northern Territory.
“Urgent and sustained investment in renewable energy, long-term storage and transmission is needed to reliably meet the demand of Australian homes and businesses,” AEMO Chief Executive Daniel Westerman said in a statement.
Australia has few coal-fired units in June 2022 factory as they suffer unexpected shutdowns and others cut production due to coal shortages, while gas-fired generators are experiencing increased demand due to global outages. gas prices prevented a power outage in a short period of time.
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AEMO, in its latest update on the energy outlook, new gaswind and battery developments, one gas It withdrew its forecast of near-term power shortages for South Australia and Victoria, citing a delay in the commissioning of its generator, but said it was confident for eastern power. states remained at risk.
Some projects, such as Snowy 2.0, Australia’s largest hydropower project, are experiencing delays, meaning they may not be ready in time to replace generators as they are retired.
Since the 2022 annual report on the electricity transmission outlook published in August, national 1,326 megawatts (MW) of wind and 461 MW (604 MW) of battery storage projects were added to the energy market.
New South Wales and Victoria, home to more than half of Australia’s 25 million people, could face potential “credibility gaps” in power in 2026 without further investment, AEMO said.
Reporting by Renju Jose Editing by Chris Reese
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2023-02-21 03:55:43
Source – reuters
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