Electricity

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

This is a subscriber report. Please login to access this content.

Become a Carbon Insider today

Unlock our latest analysis, briefings and price information with our new Carbon Insider service.

Click below to see our plans.

Sign up for regular insights

LATEST UPDATES

  • Carbon Markets

    UPDATE: Carbon Offset Market Report – Buyers ‘rush to regeneration’ ahead of ACCU review – but are HIR projects without risk?

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

    The price for Australian Carbon Credit Units (ACCUs) has continued to drift sideways, with spot […]

    Research Insights | July 4th, 2022
  • Carbon Markets

    REPORT: Modelling Potential Futures for Australia’s Safeguard Mechanism (Carbon Market Institute)

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

    RepuTex has been engaged by the Carbon Market Institute (CMI) to analyse the current operation […]

    Research Insights | June 30th, 2022
  • Carbon Markets

    UPDATE: Carbon Offset Market Report – Nature-based ACCUs dominate as divergence between broker and bilateral spot price grows

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

    The spot price for Australian Carbon Credit Units (ACCUs) fell 0.7% on the week, with […]

    Research Insights | June 13th, 2022
  • Carbon Markets

    UPDATE: Carbon Offset Market Report – Positive sentiment returns as ACCU buyers favour regeneration over land-based avoidance projects

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

    The change of government has proven to be supportive for the local ACCU market, with […]

    Research Insights | May 30th, 2022
  • Carbon Markets

    INSIGHTS: Election 2022 – Market impacts, and where to next for the ALP’s “Safeguard Mechanism 2.0”?

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

    The Federal Election has been run and won, with the Australian Labor Party (ALP) confident […]

    Research Insights | May 24th, 2022
  • Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone
  • Quick Navigation

  • Carbon Market

    Learn more about our Australian carbon price and market analysis
  • Electricity

    Learn more about our modelling and price outlooks for the NEM
  • EnergyIQ platform

    Access the latest market data with our EnergyIQ platform
  • Latest Insights

    View our latest articles, white papers, reports and publications