<
https://www.theguardian.com/australia-news/2023/apr/28/record-levels-of-renewable-energy-help-bring-down-australias-energy-prices-says-aemo>
"Australia’s record levels of renewable energy helped extend the slide in
wholesale power prices in the first three months of 2023, displacing fossil
fuels and sending carbon emissions from the sector to new lows for the first
quarter.
The latest energy dynamics report by the Australian Energy Market Operator
(Aemo) showed wholesale spot prices in the national electricity market (NEM)
averaged $83/MWh, down more than a 10th from the December quarter and
two-thirds lower than the record average $264/MWh in the June quarter last
year.
Rooftop solar output alone averaged almost 3GW for the March quarter, up 23%
from a year earlier. That increase contributed to a drop in “operational
demand” in the NEM to an average of 14.38GW, or the lowest since 2005. Low
demand records were set in Victoria, New South Wales and South Australia."
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
