EXPERIENCE DRIVING VALUE
Market Challenge
“Power fix urgent as grid teeters”
Australian Financial Review, 5 Jan 2020
Australia faces the reality of over half of dispatchable baseload generation reaching end-of-life within the next 20 years.
Variable Renewable Energy (VRE) reached 24% penetration in 2019, and is projected to reach 50% by 2025.
AEMO interventions and peak energy pool prices have risen dramatically to keep generation online and ensure grid stability.
Disappearing baseload & rising VRE are causing:
Supply shortfall at peak
Constant intermittency risk
Rising grid costs
Rising consumer prices
Falling profitability
Emerging High Growth Market
Solving multiple challenges. Creating multiple revenues.
Ensuring supply and preventing blackouts by providing reliable power when the grid needs it most
Stabilising the grid by meeting AEMO’s growing need for Ancillary Services
Firming renewables and enabling transition of projects as coal fired generation retires
Lowering emissions by driving energy and utilities investment, enabling capital flow to projects which decentralise and decarbonise electricity grids
Energy and utilities investment targeting to drive up to 1,000MW of renewable energy infrastructure capacity in Eastern Australia
Our Integrated Solution
Instant battery dispatch of 200MW for up to 15 minutes
Full 200MW plant dispatch in under 4 minutes
Gas storage for up to 12 hours of continuous dispatch
Secured future viability via integrated gas supply