More than a decade of policy inadequacy has led to projected short-term electricity shortfalls. But that doesn’t mean blackouts are imminent or unavoidable
This assessment helps inform a response, to guide investments and other interventions to ensure demand is actually met, preventing any blackouts.
There are also additional tools and levers available to the market operator to help meet demand, including contracting interim reserves, and other emergency mechanisms that further reduce the likelihood of actual blackouts.
The recent report’s analysis highlights that aggregating consumer energy resources and the growth of demand-side participation could reduce the needs for supply oriented solutions.
Outside the demand side, the report also highlights that many regions will benefit from additional projects which will be underwritten by the commonwealth’s Capacity Investment Scheme.
To directly quote the report: “Federal and state government programs, actionable transmission developments, orchestrated consumer investments and demand flexibility have the potential to address the majority of forecast reliability risks”
Headlines emphasising blackouts are neither helpful nor the full picture and risk bolstering potentially costly and unnecessary projects and policy decisions.
The original article contains 787 words, the summary contains 154 words. Saved 80%. I’m a bot and I’m open source!
This is the best summary I could come up with:
This assessment helps inform a response, to guide investments and other interventions to ensure demand is actually met, preventing any blackouts.
There are also additional tools and levers available to the market operator to help meet demand, including contracting interim reserves, and other emergency mechanisms that further reduce the likelihood of actual blackouts.
The recent report’s analysis highlights that aggregating consumer energy resources and the growth of demand-side participation could reduce the needs for supply oriented solutions.
Outside the demand side, the report also highlights that many regions will benefit from additional projects which will be underwritten by the commonwealth’s Capacity Investment Scheme.
To directly quote the report: “Federal and state government programs, actionable transmission developments, orchestrated consumer investments and demand flexibility have the potential to address the majority of forecast reliability risks”
Headlines emphasising blackouts are neither helpful nor the full picture and risk bolstering potentially costly and unnecessary projects and policy decisions.
The original article contains 787 words, the summary contains 154 words. Saved 80%. I’m a bot and I’m open source!