Tag: National Electricity Market

Amazon Australia has announced nine new renewable energy power purchase agreements across New South Wales and Victoria, adding 430 megawatts of carbon-free energy capacity to the National Electricity Market and bringing its total contracted capacity in the country to 990MW.

At its PV & ESS Summit in Sydney on 25 March, Sungrow, a photovoltaic (PV) inverter and energy storage system provider, brought together over 300 industry stakeholders to launch new storage and hybrid solutions and address challenges shaping Australia’s renewable energy transition.

As Australia’s energy transition accelerates, businesses participating in the National Electricity Market (NEM) are facing growing challenges in managing their energy assets efficiently. 

As Australia’s energy landscape grows more dynamic, businesses operating in the National Electricity Market (NEM) face increasing challenges – from rising costs and evolving regulations to the growing presence of decentralised and renewable energy sources.

Bidirectional charging, particularly vehicle-to-grid (V2G) technology, is emerging as a critical component of Australia’s energy transition. 

The Australian Government today revealed the largest single tender for renewable energy in the country’s history, with the first auction under the banner of Reliable Renewables Plan set for late May.

The Australian Renewable Energy Agency (ARENA) has allocated $2 million to Lochard Energy for an 18-month feasibility study in a bid to bolster Australia's renewable energy capabilities and tackle the challenges of energy storage.

Rewiring Australia has called for a comprehensive revamp of the National Electricity Market (NEM) in a bid to tackle soaring energy costs and align with Australia's ambitious emissions and renewable energy targets for 2030.

AGL has reached a final investment decision (FID) to build Australia’s largest battery with grid-forming inverter capabilities in Liddell, New South Wales. 

Australia’s national science agency CSIRO  has unveiled its roadmap for renewable energy storage, a vital component of the country's energy transformation that would require significant investment.