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Comprehensive overview on the state of the Australian Energy market in 2024. Especially on the mix of energy, pricing and general cost across the sector.
In an unexpected update this month to the 2023 Electricity Statement of Opportunities, the Australian Energy Market Operator's message is clear: for the next few years, reliability risks are expected to be above the standard defined for the National Electricity Market. Mainly driven by delays in delivering necessary network, renewable and storage investments, this is valuable reading for those in the industry: https://lnkd.in/gvHuvNBu #energy #electricity #ESG
ESG issues sit at the complex core of balancing reliability, affordability, and emissions reduction in the National Energy Market. See the commentary from my colleagues, Joao Segorbe and Paul Schoff, on this.
In an unexpected update this month to the 2023 Electricity Statement of Opportunities, the Australian Energy Market Operator's message is clear: for the next few years, reliability risks are expected to be above the standard defined for the National Electricity Market. Mainly driven by delays in delivering necessary network, renewable and storage investments, this is valuable reading for those in the industry: https://lnkd.in/gvHuvNBu #energy #electricity #ESG
OPP has published its Western Energy Markets Explainer to assist the public with understanding the Western Markets Expansion: https://lnkd.in/e-ipQDMp This explainer reviews key features of the Western Interconnection and new developments in the Western markets that may impact energy costs, system reliability, and state-level energy policies. Read more about it in OPP’s news release: https://lnkd.in/euV5GWUN Federal Energy Regulatory Commission #EnergyEducation
The Federal Energy Regulatory Commission's Office of Public Participation tracks major energy market policy trends of interest to the public. Lately, we've been flooded with questions about what's exactly happening out West and what does it all mean for state policies, reliability, and generation development. (As a wayward Californian in energy, I love it). Due to this public demand, we released an explainer to shed light, especially on recent proposals filed by CAISO and SPP. ☀️ And speaking of SPP - its Markets+ Tariff proposal was filed at FERC last week. Markets+ introduces more wholesale market options for non-member utilities in the West. The deadline to file comments on Docket No. ER24-1658-000 is Monday, April 29, 2024. ⚡
OPP has published its Western Energy Markets Explainer to assist the public with understanding the Western Markets Expansion: https://lnkd.in/e-ipQDMp This explainer reviews key features of the Western Interconnection and new developments in the Western markets that may impact energy costs, system reliability, and state-level energy policies. Read more about it in OPP’s news release: https://lnkd.in/euV5GWUN Federal Energy Regulatory Commission #EnergyEducation
A total 3.8GW/9.9GWh of energy storage was deployed in the US in the third quarter of 2024, according to Wood Mackenzie's US Energy Storage Monitor. #energystorage
Via ESN: " Long-duration energy storage: UK’s House of Lords tells government to ‘get on with it’ and act fast: The UK's House of Lords Science and Technology Committee has said government must make “major decisions about future energy infrastructure”. " #EnergyStorage #Energy #BatteryStorage
We have published our overview and analysis on Australian energy markets through the quarter to September 2024. If you would like to subscribe to ongoing updates, analysis and market commentary then you can do this at our website. Here: https://lnkd.in/gkfG3Kgw hashtag #energy #renewableenergy #energytransition
As we approach the final quarter of 2024, the energy market is facing significant challenges driven by ongoing geo-political uncertainty. As an expert in the field, now is the time to reach out if you have any uncertainties about the energy market or need guidance on future risk mitigation strategies for your business. Read more below in our Q4 energy budget optimisation report: https://lnkd.in/dft22Qs3 #AdvantageUtilities #EnergyReporting #SolarEnergy #EnergyEfficiency #EnergyReduction #Q4Report
The Australian Energy Market Commission (AEMC) has made a rule that addresses a gap in the scope of the Australian Energy Regulator’s (AER) Transmission Ring-Fencing Guidelines which has until now prevented them from addressing the risk of discriminatory conduct associated with the provision of negotiated transmission services. The final rule seeks to improve the effectiveness of competition in the market for contestable transmission services, to then improve the efficiency of the connection process in the long-term interests of consumers. The Commission has also reduced the implementation timeframe from twelve to nine months, reflecting stakeholder views about the urgent and critical nature of the issue. More: https://bit.ly/4aq0RkC
What are the latest trends, issues, and opportunities within the US energy industry? Learn all about our upcoming Business Series Webinar in our latest blog! https://hubs.la/Q02PtX710
Account Manager Key Account - Hitachi Energy Australia
1moVery informative