AEMO: Improved Reliability Outlook

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The Australian Energy Market Operator (AEMO) has published an updated outlook which observes improved reliability driven by the rapid development of distributed and large-scale renewables amongst other measures.

Official Press Release AEMO:

Summer reliability outlook improves - timely investment is critical

The Australian Energy Market Operator’s (AEMO) latest analysis observes an improved reliability outlook across the next few years driven by the rapid development of distributed and large-scale renewables, increased transmission capacity and reduced peak demand, while also foreshadowing significant changes in minimum operating demand profiles across the National Electricity Market (NEM).

Published today, AEMO’s 2020 Electricity Statement of Opportunities (ESOO) forecasts electricity supply reliability in the NEM over a 10-year period to help inform the decision-making of market participants, investors and policymakers. This ESOO incorporates the uncertain impacts of the unfolding COVID-19 pandemic and as a result includes a forecast short-term reduction of peak... ... More: Official Press Release AEMO

Australia, AEMO, grid, renewables, reliability, connection, connector, NSW, Victoria, state, NEM, market, electricity, coal, PV, solar, wind

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