It will take over $16B in new energy investments as part of transforming the grid. Operational and capital costs are recovered by ratepayers. Australia like other G20 countries is facing pressure to eliminate coal-fired plants. https://lnkd.in/gMjzSQaa https://lnkd.in/gwDy98iR United States has been slowly moving coal-fired plants to natural gas. United States seen a reduction in emissions for the past year or so - Canada vs United States Emissions https://lnkd.in/gChhhwBs Energy challenges facing Ontario – https://lnkd.in/gxvFDNfw What is next for Power Generation – Utility Sector – Electricity - https://lnkd.in/gbfPfbn5 James Ashby Linda Scott (GAICD) Party and ESG Origin Energy APA Group AGL LGI Sustainable Innovation Duxton Water Ltd TPC Consolidated Limited Fluence Fluence Corporation Frontier Energy, Inc. World Energy, LLC KALiNA Distributed Power Limited
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How to solve supply-demand imbalances arising from the variability of renewable power production and changing demand patterns? Register today and join our experts for a 60-minute webinar featuring insights from experts on energy system flexibility. During this webinar, we will discuss how oversupply can be managed with different forms of flexibility. We will explore the business cases for different technologies in the merit order of flexible demand and supply options across power, heat and hydrogen. Through case studies, we will consider the challenges and opportunities that may arise and suggest possible solutions stakeholders can take to unlock this untapped flexibility value. Register ➡️ https://lnkd.in/eY4WHFPx #EnergyTransition #Flexibility #Sustainability #McKinsey
Energy system flexibility: introducing a merit curve of flexibility options to integrate renewables
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#Energy #storage is essential for the energy transition, allowing the use of renewable energy sources, improving grid reliability, and supporting a green and robust #energyfuture. Ongoing advancements and supportive policies will play a crucial role in realizing the full potential of energy storage in the global shift towards cleaner energy systems. DNV Angelos Pastras outlines the different solutions that can help with this challenge.
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dnv.smh.re
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Will the UK grid achieve net zero by 2030? Yesterday, the UK’s electricity system operator published its Future Energy Scenarios report, which explores different pathways for the future UK energy system. Headline takeaway 👉🏼 We need to take urgent action over the next 2 years to secure a sustainable energy future. The report outlines multiple scenarios, but one thing is clear: achieving net zero will require a whole systems approach. This includes: • Accelerating the deployment of renewable energy • Substantial investment in grid infrastructure • Advancement in energy storage Learn more: https://lnkd.in/eQJ3w6uH
Future Energy Scenarios (FES)
nationalgrideso.com
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How to solve supply-demand imbalances arising from the variability of renewable power production and changing demand patterns? Register today and join our experts for a 60-minute webinar featuring insights from experts on energy system flexibility. During this webinar, we will discuss how oversupply can be managed with different forms of flexibility. We will explore the business cases for different technologies in the merit order of flexible demand and supply options across power, heat and hydrogen. Through case studies, we will consider the challenges and opportunities that may arise and suggest possible solutions stakeholders can take to unlock this untapped flexibility value. Register ➡️ https://lnkd.in/d7C_iDKG #EnergyTransition #Flexibility #Sustainability #McKinsey
Energy system flexibility: introducing a merit curve of flexibility options to integrate renewables
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Modern Microgrids in Australia: A Shift Towards Decentralised Energy Australia's energy landscape is undergoing a significant transformation, driven by the rise of renewable energy sources and the increasing need for resilient power systems. Consumers are grappling with the rising cost of electricity, the threat of reliability, and the necessity of reducing their carbon footprint. The result is a push towards electricity independence and self-sustainability. Microgrids and embedded networks play a crucial role in this transformation. Read the latest article on our website where we explore the nuances between the two. https://lnkd.in/g4nSH7Gb
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How to solve supply-demand imbalances arising from the variability of renewable power production and changing demand patterns? Register today and join our experts for a 60-minute webinar featuring insights from experts on energy system flexibility. During this webinar, we will discuss how oversupply can be managed with different forms of flexibility. We will explore the business cases for different technologies in the merit order of flexible demand and supply options across power, heat and hydrogen. Through case studies, we will consider the challenges and opportunities that may arise and suggest possible solutions stakeholders can take to unlock this untapped flexibility value. Register ➡️ https://lnkd.in/d3SqAE2d #EnergyTransition #Flexibility #Sustainability #McKinsey
Energy system flexibility: introducing a merit curve of flexibility options to integrate renewables
mckinsey.dsmn8.com
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How to solve supply-demand imbalances arising from the variability of renewable power production and changing demand patterns? Register today and join our experts for a 60-minute webinar featuring insights from experts on energy system flexibility. During this webinar, we will discuss how oversupply can be managed with different forms of flexibility. We will explore the business cases for different technologies in the merit order of flexible demand and supply options across power, heat and hydrogen. Through case studies, we will consider the challenges and opportunities that may arise and suggest possible solutions stakeholders can take to unlock this untapped flexibility value. Register ➡️ https://lnkd.in/eAW4aptz #EnergyTransition #Flexibility #Sustainability #McKinsey
Energy system flexibility: introducing a merit curve of flexibility options to integrate renewables
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The GenCost 2024-25 draft report released today by the CSIRO and Australian Energy Market Operator (AEMO) continues to confirm that renewable generation, including the cost of firming with storage and transmission infrastructure, is the least cost form of new generation. CEIG welcomes this robust analysis which informs policy makers to deliver affordable and clean energy for consumers, given Australia’s fleet of aging coal fired power stations will retire over the coming years. Richie Merzian Marilyne Crestias Daniel Zelcer Sydney Neijmeijer Kelly Berghella
GenCost: cost of building Australia’s future electricity needs
csiro.au
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How to solve supply-demand imbalances arising from the variability of renewable power production and changing demand patterns? Register today and join our experts for a 60-minute webinar featuring insights from experts on energy system flexibility. During this webinar, we will discuss how oversupply can be managed with different forms of flexibility. We will explore the business cases for different technologies in the merit order of flexible demand and supply options across power, heat and hydrogen. Through case studies, we will consider the challenges and opportunities that may arise and suggest possible solutions stakeholders can take to unlock this untapped flexibility value. Register ➡️ https://lnkd.in/dMmiU7Am #EnergyTransition #Flexibility #Sustainability #McKinsey
Energy system flexibility: introducing a merit curve of flexibility options to integrate renewables
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