Queensland Wind Energy; why it is vital to achieve a low cost, renewable energy future across the NEM

/Queensland Wind Energy; why it is vital to achieve a low cost, renewable energy future across the NEM
  • Day:

    02 April
  • Start Time:

    3.15pm - 4.30pm
  • Stream:

    Applied Energy Storage

As Australia moves to high levels of renewable generation over the coming decades, it will be increasingly important to optimise the renewable generation mix to reduce variability and storage requirements in order to deliver lower electricity costs. Two years of generation data from wind and solar projects across the NEM, supplemented Windlab nationwide monitoring data was used to simulate a mostly renewable NEM. It was found that QLD wind was the least correlated to wind and solar generation in other NEM states on both a 30 minute and daily average basis. The simulation demonstrates that a bias to QLD wind, coupled with investment in interconnectors will reduce the frequency and severity of very low renewable generation days, reducing the scale for peaking and storage capacity required; a least cost system solution