When the National Energy Rules change with effect from 24th October 2021, for the first time it will be possible to bid demand response into the wholesale Australian market. Demand response will then compete for dispatch with peaking generation at times of tight supply.
Australia
Corporate power purchase agreements (PPAs) have been driving Australia's energy transition towards a more renewable future. On one side, solar and wind farm developers enter into corporate PPAs to fund their projects and ensure a steady income stream.
Australia
Although other national governments, including Australia's major trading partners, have pledged to move towards net zero emissions by 2050 or 2060, Australia's existing climate policy has been more aligned with the United States’ policy under the Trump administration.
Australia