South Australia broke records for wind output and renewable energy share, reaching 155.1% of local demand, with an average share of 75% wind and solar aiming for 100% net renewables by 2027. New projects and battery storage are helping achieve this goal, reducing curtailment and reliance on fossil fuels. The state's transition to higher renewable shares and strong exports depends on storage, load-shifting, and additional transfer capacity. Join over 28,000 others in subscribing to the latest clean energy news from Giles Parkinson, founder of Renew Economy.
Tag: South Australia
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“A clear decline:” IEA says faster transition to renewables equals lower household prices
The International Energy Agency (IEA) recommends accelerating the adoption of renewable energy to lower household power prices, as it has been proven to be more cost-effective in the long run despite higher upfront costs. The IEA also dispels the myth that wind and solar energy sources are less reliable than fossil fuels, emphasizing that reduced dependence on fossil fuels can shield against market price shocks. South Australia and Western Australia serve as examples of grids remaining stable with a high percentage of renewable energy. Climate Analytics CEO Bill Hare underscores the benefits of supporting renewables, noting their rapid growth and falling prices as a win-win for both people's wallets and the climate. The IEA's report stresses the need for significant investments in grid infrastructure to facilitate the transition to renewable energy sources, as efforts to stabilize energy prices are faltering and demand for LNG and oil is declining while renewables become more competitive.
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Wind hits record share of 150 pct of state demand, as fossil energy shrinks to just 1.5 pct of total generation
South Australia has achieved remarkable new records in renewable energy, with wind energy hitting a new peak share of 149.6% of state demand. The state has been running at an average of 75% wind and solar over the past year and aims to reach 100% "net" renewables by 2027. Battery storage is also playing a significant role in reducing the reliance on fossil fuels, with 31.2% of demand being met by batteries at peak times. The state's increased capacity on interstate transmission lines and new big battery projects under construction are further contributing to the growth of renewable energy. A world-first trial by AEMO using battery inverters to run big grids with no synchronous generation showed promising results, setting records for renewables share, curtailment levels, and battery charging load on Sunday.