-- Unplanned coal power plant outages, the impact of natural disasters on transmission lines and huge deployments of rooftop solar have made Australia the world’s most volatile power market, according to Rystad Energy.US Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop It
The rapid rise in intermittent generation capacity has challenged the nation’s energy sector, and was among factors that led to last year’s unprecedented failure of Australia’s main power market. To handle the fluctuations, about 46 gigawatt-hours of new pumped hydro and utility-scale batteries are required by 2050, from just 2.8 gigawatt-hours currently, according to Rystad.
About 9.5 gigawatts of Australia’s 23 gigawatts of operating coal-fired power plants will close this decade as utilities aim to shift to cleaner energy sources, BloombergNEF said in a report this month. The sites also face challenges to their reliability from factors including the age of plants, a lack of profitability and inflexible operations.
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