Australia Urgently Needs To Invest In Renewables And Energy Storage ...Middle East

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Australia Urgently Needs To Invest In Renewables And Energy Storage
source : OILPRICE ( Middle East ) () 18
Australia needs urgent investment in renewable energy generation and energy storage to avoid issues with grid reliability from 2025, the Australian Energy Market Operator (AEMO) said on Tuesday. In an update to the 2022 Electricity Statement of Opportunities (ESOO) report, the Australian regulator said that reliability gaps would begin to emerge for the National Electricity Market (NEM) from 2025 onwards. The gaps between supply and demand are set to widen when at least five coal power stations totaling around 13% of the NEM’s total capacity…

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