The World's #1 Renewable Energy Network for News, Information, and Companies.

Renewables To Account for All New Power in Australia through 2020, Says AEMO

A new report from the Australian Energy Market Operator (AEMO) forecasts 100 percent of new power in Australia will be generated from renewable energy sources through 2020.

The AEMO’s National Transmission Network Development Plan (NTNDP) The AEMO’s National Transmission Network Development Plan (NTNDP) 2013, predicts the majority of new electric generation will be based on wind power (84 percent), followed by solar (13 percent) and finally biomass (3 percent). This includes 168 MW of new wind generation that has recently come online in Tasmania, and a further 131 MW in Victoria, 270 MW in South Australia, and 386 MW in New South Wales committed to come online from 2014–15. AEMO said it is aware of close to 15,800 MW of proposed wind generation projects.

The NTNDP estimates approximately 8,700 MW of new wind generation to connect to the transmission network by 2020, resulting in a total installed National Electricity Market wind generation capacity of around 11,000 MW.

New renewable generation that comes online displaces existing baseload generation and adds to the current oversupply of generation capacity in the NEM signaling potential generation reductions. 2013 NTNDP modeling estimates a reduction of 3,700 MW in coal-fired generation capacity to 2020. (While the modeling removed generation plant predominately in a single year, actual withdrawals would be expected to occur progressively.) This is approximately 14 percent of the total current installed coal-fired generation capacity. Zero carbon price modeling results in reductions of around 3,100 MW, or 12 percent of coal-fired generation capacity.

Even with these projected reductions, the AEMO report found coal will remain the dominant generation fuel over the outlook period.

The 2013 NTNDP outlook is dependent on government policy decisions regarding renewable energy and carbon emissions reductions. NTNDP modeling indicates that the Large-scale Renewable Energy Target (LRET) is the main driver of generation investment, with the carbon price having a lesser impact.

Read the full report here: National Transmission Network Development Plan 2013 (pdf).

This article was originally published on PennEnergy and was republished with permission.

Lead image: Australia via Shutterstock

RELATED ARTICLES

Renewable energy jobs

Global Renewable Energy Employment Surges 18 Percent to 7.7 Million

Andrew Burger, Correspondent Ongoing growth in renewable energy investment and deployment is creating jobs worldwide — and lots of them. This job growth is helping governments address a fundamental economic problem plaguing developed and developing cou...
Beach sand

Italian Company Uses Sun-Heated Sand to Produce Energy

Flavia Rotondi and Alessandra Migliaccio, Bloomberg

Italy’s well-known sun and sand form the basis of many beach holidays. An Italian company has also found another purpose for the combination: energy production.

Panasonic Japan solar module manufacturing

Panasonic Ramps Up Japanese Solar Manufacturing to Meet Domestic Rooftop Demand

Junko Movellan, Correspondent Panasonic Corp, a Japanese electronics company, announced that it will expand its domestic solar cell and module production to meet the rooftop solar demand in Japan. The company will invest a total of 9.5 billion yen (US$7...

Renewable Energy Is Beginning To Power Africa

Andrew Burger, Contributor According to the International Energy Agency, sub-Saharan Africa will require more than $300 billion in investment to achieve universal electricity access by 2030. Committing more than $7 billion in U.S. government support ...
Dorothy Davis serves as Content Director for PennEnergy.com, PennEnergyJOBS.com and PennEnergy’s career focused print and digital magazine Energy Workforce. In her role, she leads the research and creation of editorial content focused across all s...

CURRENT MAGAZINE ISSUE

Volume 18, Issue 3
1505REW_C11

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

Doing Business in Brazil – in partnership with GWEC, the Global Win...

Brazil is one of the most promising markets for wind energy.  Ranke...

EU PVSEC 2015 (European PV Solar Energy Conference and Exhibition)

The EU PVSEC is the largest international Conference for Photovoltaic re...

Sponsor/Exhibitor: MIREC Week 2015

Solectria, Pillar, and Variadores together are co-Silver Sponsors! Come ...

COMPANY BLOGS

Substrate Feeder for Biogas Facilities

RUD manufactures complete, ready-to-use conveyor systems for transportin...

Can We Just Allow Florida To Be The Sunshine State?

We attended Solar Power Southeast, a regional solar show put on by&...

The Outlook for Midwest Solar

Our whirlwind solar conference tour continues! Yesterday we touched down...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS