<
https://theconversation.com/good-news-theres-a-clean-energy-gold-rush-under-way-well-need-it-to-tackle-energy-price-turbulence-and-coals-exodus-188804>
"This week, the Australian Energy Market Operator warned gaps in electricity
supply are likely within three years.
The reason? Coal plants are quitting the market earlier than expected, as well
as becoming less reliable. Russia’s invasion of Ukraine drove coal, gas, petrol
and diesel prices to painful highs. Domestic energy bills are soaring too, due
in large part to ballooning gas prices. At one stage, outages and fuel
shortages at coal and gas plants, coupled with low solar and wind output, very
nearly cut power to a third of all east coast customers.
But the good news is there’s a clean energy gold rush under way, now we have a
legislated emissions target and strong engagement between state and federal
energy ministers. Investors are moving with increased confidence, accelerating
their investments in clean energy generation and storage.
Even so, there’s a big task ahead to reach the goal of 82% renewables by 2030.
We’ll need rapid deployment – not only to meet grid demand, but also new demand
from the move to “electrify everything” in our homes and on our roads.
So what changes can you expect to see?"
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
