AEMO warns of potential reliability issues in Australia's electricity supply without timely completion of renewable energy projects.

Australian Energy Market Operator (AEMO) warns that timely delivery of new renewable energy projects is critical for maintaining a reliable electricity supply in Australia. The 10-year reliability outlook for the National Electricity Market (NEM) highlights the importance of investments in generation, storage, and transmission. Delays in projects could still threaten reliability in eastern and southern Australia as coal and gas-fired power plants are closed. The report notes that renewable generation currently supplies 40% of electricity to NEM, with the federal government targeting 82% of Australia's electricity coming from renewable sources by 2030.

August 28, 2024
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