September 24, 2021 Read More →

Share of renewables on Australia main grid hits new record of 61.7%

Renew Economy:

Just before state and federal energy ministers met on Friday to discuss the future design of Australia’s electricity market, records continued to tumble with renewables setting new benchmarks for total output and the biggest percentage to date.

At 1.15pm on Friday, according to OpenNEM, the share of renewables on Australia’s main grid, the National Electricity Market, hit a record 61.7 per cent, just four days after setting a new peak of 60.1 per cent.

It was helped by good wind and solar conditions, which provided a record share of 59.6 per cent (hydro made up the rest), and because of the public holiday in Victoria which would have moderated demand.

At the start of this month, the record for a share of renewables was 57.1 per cent, so it has jumped 4.5 per cent in less than  four week.

The Australian Energy Market Operator predicts that by 2025, we will see moments when the share of renewables reaches 100 per cent – and CEO Daniel Westerman says much needs to be done to prepare the grid for such moments.

[Giles Parkinson]

More: Records smashed again on Australia’s grid as renewables share reaches 61.7 pct

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