Australia needs to improve the investment signals for renewable energy generation to ensure new projects do not displace existing zero emission types, which would slow the country’s transition and do little to prevent a similar crisis to that which has engulfed the industry in recent weeks, the Clean Energy Council warned.
. The most feasible solution involves the development of a capacity mechanism that would ensure sufficient generation capacity.In a submission to the Energy Security Board, however, the CER said it was critical to ensure new renewable generation capacity was providing additional, lower-cost energy for consumers rather than simply displacing existing renewable generation due to congestion in the grid.
Congestion occurs when transmission lines are unable to transfer power to meet consumer demand, such as when there is more energy being generated in a location than the grid can transfer.
Why have 2 or 3 gas/oil platforms out on the Horizon when you can have 50 wind turbines
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese investment in Australia's economy plunges by $1.7 billionAustralia is swiftly being dumped by Chinese investors amid continuing trade and diplomatic tensions between the two countries. Our Australia has a very bad reputation for abiding by the contract. Turnbull slams ‘deceitful’ Morrison for giving Australia a reputation as untrustworthy Why they want to invest their money in a hostile country that made the war clamor.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Chinese investment in Australia's economy plunges by $1.7 billionAustralia is swiftly being dumped by Chinese investors amid continuing trade and diplomatic tensions between the two countries. 9News Good. Would like to see it go to zero! We don't want their money 💰
Source: 9NewsSyd - 🏆 23. / 51 Read more »
Source: abcnews - 🏆 5. / 83 Read more »