Australian Energy Market Operator (AEMO)’s Post

The 76% demand record met by rooftop solar and rooftop solar available in 40% of WA residencies showcase how rooftop solar has an essential role toward WA energy transition. However, it is important to highlight that rooftop solar by itself can not achieve its full potential without Energy Storage. Furthermore, in an energy transition perspective focused on grid liability and resilience a more local approach could be beneficial. For instance, Community Energy Storage Systems (CESS) support rooftop solar not wasting electricity generated locally, increasing electricity quality, supporting grid instability, increasing electricity reliability by descentralising energy supply and so on. Additionally, ARENA is funding neighbourhood batteries projects which is already a great advancement for CESS. Thus, WA is moving toward energy transition and WA residents are supporting this process in an essential role, but there is room for CESS in a decentralised approach.

Sharing here AEMO’s latest WEM Statement of Opportunities While Malaysia’s industries, academias (and even some gov agencies) et al have been relying on JPPPET 2020 since forever, I believe we can do so much better on this planning front. Without doubt, transparent governance IS the key to just transition. UNCOMMUNICATED opportunities/ threats will slow growth and prolong uncertainties to investors. It creates a kind of confusion e.g. can MITI even approve more data centers (DCs) if half of our resources (fuels, water) are to be channeled from the rakyat to select few giant DCs? Or how can IPPs venture into grid BESS when only a few party holds the information of grid hosting capacity? These information blackbox need to be addressed. Clear visualised Statement of Opportunities like from AEMO is one of the strategies that I personally love. Let’s hope the rapid acceleration of energy transition able to nudge our policymakers to be more inclusive and productive. Gitu, saya hanya mampu berharap 😅

Our Battery Energy Storage Systems (BESS) store excess electricity until sold into the National Grid to meet industrial or domestic electricity demands. Our BESS assets help level out expensive peaks and troughs of electricity pricing caused by supply and demand imbalance. #BatteryStorage #EnergyStorage

The energy market highlights from January 2024 underscore the critical importance of cutting-edge technology like Zaeras in shaping the future of the energy sector. With wholesale electricity prices soaring to new heights and peak electricity demand reaching unprecedented levels, it's clear that innovative solutions are essential for both reducing energy costs and ensuring grid stability. 💡⚡️ At ABOUND, we're proud to be at the forefront of this technological revolution. Our long-duration energy storage capabilities are designed to mitigate price fluctuations during peak demand periods, providing a reliable solution for stabilizing the grid. As the world moves towards cleaner sources of energy, investments in storage technologies like Zaeras are crucial for achieving cost-efficiency and facilitating a seamless transition to a more sustainable energy landscape. 🌍🔋 Join us in revolutionizing the energy sector and building a brighter future for generations to come! 🔆🧑🧒🧒 #ABOUND #Zaeras #LDED #ClaenTech #EnergyInnovation #CleanEnergy #GridStability #Sustainability #TechRevolution #EnergyMarket #ElectricityPrices #ElectricityDemand

#NEM: Significant Electricity Market Event in Victoria: Moorabool Sydenham No1 and No2 500 kV lines tripped Outcome: AGL's Loy Yang A (2200MW) has tripped offline along with 1000MW of load. Impact: Market prices have hit $16,600/MWh (under review). Australian Energy Market Operator (AEMO) Notices state: Significant power system event - 13 Feb 2024 At 1308 hrs 13/02/2024 a significant power system event occurred. Description of event - Multiple tripping of generation and transmission lines in the Vic region Transmission element(s) tripped - Moorabool Sydenham No1 and No2 500 kV lines tripped Region/s - Vic Load interrupted - in excess of 1000 MW Generation volume tripped - 2300 MW Updates will be provided as additional information becomes available. This Market Notice is issued in accordance with NER clause 4.8.3.

Battery buildout in Q2 2024 saw a new quarterly low since Q3 2022 at 136 MW. Total new battery capacity on the grid in the first half of 2024 has been lower than the lowest single quarter in 2023. Four new batteries began commercial operations in the quarter, as well as a few augmentations of existing batteries from Gresham House. Total rated power of batteries in Great Britain is now at 4 GW, with a total energy capacity of 5.3 GWh. The amount of new capacity we've seen so far reduces the likelihood of total capacity reaching 5 GW by the end of the year. The next two quarters will be the interesting ones. With the 2024/25 Capacity Market year kicking off in October, we should see a lot more new capacity come online in time for that. I hope we’ll see at least 400 MW of the 1.4 GW of storage with agreements that aren’t yet online. However, this would reflect our high-buildout projection, which so far this year we haven’t met. Find out more about what came online this quarter and what we could see next quarter in the video and article here - https://lnkd.in/d9P8AGms Modo Energy #NetZeroTransition #BatteryBuildout #SecurityOfSupply

This morning's preliminary peak power demand was 34,526 megawatts at a system average temperature of 4 degrees - setting an all-time TVA record. The previous record was 33,482 MW in Aug. 2007. Extremely cold temperatures across the region continue to drive up the demand for electricity. The TVA electric grid is stable, and our generating facilities are performing well. If you can, reduce your energy consumption with these tips: http://tva.me/wae050QrK6Y

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Newly passed ERA Bill – driving a competitive energy market The National Assembly recently passed the Electricity Regulation Amendment (ERA) Bill. This brings about much needed change and a focused approach for generation, distribution, and transmission of electricity. Read article https://lnkd.in/dv6wAMyk