WEBINAR: Levelised cost of firm power – The new shape of the NEM to 2030

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

“The traditional view of the NEM – underpinned by cheap coal and flexible gas fired power – is a thing of the past.”

In this webinar, we go behind the numbers of our latest Market Study to present our expectations for the shape of the National Electricity Market (NEM) to 2030, including energy storage cost trends, the impact of rising gas prices, and future pathways for renewables versus gas.

This webinar has now taken place, to access the webinar slides, please view the Downloads box below.

Discussion included:

  • Have renewable storage costs broken through? We discuss the impact of rising gas prices, and falling storage technology costs, in re-balancing LCOE estimates for renewables to supply flexible/dispatchable generation.
  • Traditional assumptions are changing – The NEM was built on cheap coal and flexible gas fired power – not any more. What’s next?
  • Future pathways for gas vs. renewables – We discus the sensitivitie​s for future supply pathways, such as demand, Solar PV penetration, gas price expectations, coal-plant closure, and storage technology costs, with a wide range of implications for gas and renewables.
  • Goodbye baseload-only generators? The ability for renewables to provide flexible generation indicates a considerable shift away from baseload-only generation in the NEM, towards a more flexible modern system.
  • Australia’s 2030 emissions target – are we locking in failure? The future shape of the NEM will ultimately be determined by Australia’s medium and long-term emissions targets, which will dictate the rate and pace of change. However, a “wait and see” policy approach may mean waiting until it’s too late, with the wrong investment today likely to lock Australia into missing its 2030 target.

To access a detailed summary of our latest Market Study, “A cost curve for emissions reductions & energy storage in the Australian electricity sector “, please click here >>

EVENT DETAILS

This event was held on Thursday March 23, 2017.

To access these event slides, please view the Downloads box below.

Restricted Access

To continue reading this post, register below.

Continue reading this article

To continue reading this free article, simply click “register now” to access our free insights & events.

Access is free, and instant! Sign up below.

Register Now

Sign up to receive our research alerts

Create a free account to access our free insights and event invitations, and receive our research alerts via email. Access is complimentary, and instant. Sign up below:

Sign up for regular insights

LATEST UPDATES

  • WEBINAR: Where to for Australian carbon offset prices under current policy?

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    As the federal government considers changes to its climate policy framework, including new Safeguard Mechanism […]

    Research Insights | July 13th, 2020
  • CO2 offset price of $30-100/t for Australia to reach and maintain net-zero emissions

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    As the federal government considers major changes to its climate policy framework, including crediting Safeguard […]

    Research Insights | June 23rd, 2020
  • OUTLOOK: Long-term carbon price, supply and demand outlook (Q4 FY19-20)

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    As the federal government considers major changes to its climate policy framework, including crediting Safeguard […]

    Research Insights | June 23rd, 2020
  • The King Review: Government steps toward a baseline and credit scheme

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    The federal government today released the findings of its Expert Panel review (the King Review), […]

    Analyst Alerts, Research Insights | May 19th, 2020
  • UPDATE: Australia’s Expert Panel Climate Policy Review – What to Expect?

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    2020 is shaping up as (another) key year for Australian climate policy, with the government’s […]

    Research Insights | May 13th, 2020
  • Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone
  • Quick Navigation

  • Electricity

    Learn more about our modelling and price outlooks for the NEM
  • Renewable Energy

    Learn more about our services for wind and solar developers
  • Carbon Market

    Learn more about our Australian carbon price and market analysis
  • Latest Insights

    View our latest articles, white papers, reports and publications