https://www.engineeringnews.co.za
Coal|Energy|generation|Power|PROJECT|Projects|Storage
Coal|Energy|generation|Power|PROJECT|Projects|Storage
coal|energy|generation|power|project|projects|storage

Australian grid operator flags risk of power crunch in south-east

The scheduled closure of Origin Energy's Eraring plant - Australia's biggest coal-fired facility - may lead to a generation shortfall.

The scheduled closure of Origin Energy's Eraring plant - Australia's biggest coal-fired facility - may lead to a generation shortfall.

Photo by Origin Energy

21st May 2024

By: Bloomberg

  

Font size: - +

The chance of power shortages in Australia’s populous south-east has increased as coal-fired plants are phased out and grid and battery storage projects are delayed.

Reliability risks have risen for Victoria and New South Wales through 2027-28, the Australian Energy Market Operator said Tuesday in an update of its Electricity Statement of Opportunities report. The advancement of generation and storage projects since the long-term outlook was published in August has lowered the risks after that.

“While new generation and storage capacity continues to increase, project development and commissioning delays are impacting reliability,” AEMO CEO Daniel Westerman said in the report. “Reliability risks have the potential to be managed within relevant standards over most of the next 10-year horizon” if new generation and storage projects are added through government programs, he said.

Australia is in the midst of one of the world’s most rapid shifts away from coal — which still generates almost half of its electricity — to a renewables-dominated grid. By the middle of the next decade most of its coal plants should have closed in a transition that has already resulted in periods of extreme supply tightness and the halting of power trading in 2022.

The scheduled closing of Origin Energy’s Eraring plant — the nation’s biggest coal-fired facility — in New South Wales in August 2025 may lead to a generation shortfall, AEMO said. That may increase calls for the state government to extend the life of the plant.

AEMO will tender for interim backup generation in New South Wales and Victoria “to minimize reliability risks should low reserve conditions emerge” during the Southern Hemisphere summer that starts in December, it said.

Edited by Bloomberg

Comments

Showroom

Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/07/2024)
12th July 2024 By: Martin Creamer
Magazine image
Magazine round up | 12 July 2024
12th July 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.414 0.471s - 190pq - 2rq
Subscribe Now