Tag: energy poverty

Recent research analyzed the emissions intensity of the Australian National Electricity Market (NEM) to understand how energy storage can accelerate decarbonisation. The study calculated the Marginal Emissions Factor (MEF) for each time period, representing the emissions intensity of the highest bid price generator.

The average MEF for different NEM regions was found to vary, with some intervals having zero MEF. Intra-day variability showed higher MEF values overnight and during low demand, while low MEF values occurred during peak demand. Interestingly, a strong anti-correlation was observed between MEF and spot price, indicating the need for energy storage optimization to balance costs and emissions.

The challenges facing the Australian electricity and gas markets, include the need to transition to lower emissions generation while ensuring reliability and affordability; the impact of higher gas prices on manufacturing businesses and residential consumers, as well as the potential for supply gaps in southern states from 2024. There’s a need for continued investment in new infrastructure and technologies to address these challenges and secure Australia’s energy future.

Interest in microgrid (MG) has grown in Australia in recent years due to concerns about energy security and resilience in the face of bushfires and climatic disruptions, and federal government funding has been provided for 37 pilot projects across the country. The Australian study investigates the current state of microgrid development in the country, explore the constraints to their development, and identify the likely future developments in this field.

A zero-carbon, reliable, and affordable electrical energy system can be achieved in Australia. A study found that the country’s greenhouse gas emissions could be reduced by 80% through the use of solar photovoltaics, wind turbines, existing hydropower, and biomass for power generation, while energy storage could be achieved through pumped hydro (off-river) and electric car batteries.