WEATHER AND CLIMATE SENSITIVITIES
As the penetration of renewable energy increases across the National Electricity Market, weather and climate related sensitivities will have a larger bearing on energy system stress and wholesale market dynamics.
Our renewable energy services help project developers to gain a deeper understanding of the link between changing climate and meteorological conditions and electricity market outcomes – and the implications for investment and risk management decisions.
Weather pattern classification and prediction
How do specific synoptic-scale weather patterns influence key climate variables, such as wind speed, solar irradiance and temperature; and what are the implications for regional spot market dynamics, such as demand, renewable energy supply, and wholesale price dynamics.
What are the dominant weather patters in each region, how regularly do different patterns occur, and what are the risks and opportunities for investors to capitalise on different weather regimes? Learn more >>
Seasonal and long-term climate forecasts
Seasonal and long-term climate variability will alter the spatial and temporal characteristics of wind patterns in Australia through changes in climatological conditions and synoptic-scale variability. Given the cubic relationship between wind speed and energy, even slight changes in wind profiles (seasonal and inter-annual) can significantly affect extractable energy output.
Changes in seasonal and long-term wind availability across different geographic regions will therefore have a substantial impact on the cost of wind energy production, and investment decisions. Learn more >>
Wholesale price forecasting
Analysis of short and long-term wholesale electricity prices and wind and solar time-weighted dispatch prices. Learn more >>
Click below to request more information about our renewable energy services for the National Electricity Market.