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Explore Australia's experience in renewable energy development, including mechanisms, targets, key projects, and integration challenges. Learn from ARENA's initiatives and the evolution of Australia's electricity systems. Discover best practices, policies, and market evolution insights that have shaped the renewable energy landscape in Australia.
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Renewable energy development -Australia’s experience Presented by Emily Kennedy
Mechanisms to support renewable energy • 20% by 2020 Renewable Energy Target • Large-scale Renewable Energy Target (LRET) – 41,000 GWh • Small-scale Renewable Energy Scheme (SRES) • $3b Australian Renewable Energy Agency (ARENA) • A $3b Direct Action Plan to meet Australia’s emission reduction targets using an Emissions Reduction Fund • New One Million Solar Roofs program
1 million houses now have solar PV systems – 11% of dwellings, 2.5 million Australians 420MW Macarthur wind farm opened in Victoria – biggest in Southern hemisphere Geodynamics turned on a 1MW demo EGS geothermal system $4.2 billion invested in renewables and energy smart technology Clean Energy Australia 2012 – www.cleanenergycouncil.org.au Recent renewables developments in Australia
Integration of renewables • Australia has so far had success at integrating increased renewable energy generation from wind and solar • South Australia now sources a quarter of its power from wind energy • Rooftop solar PV has been integrated with few difficulties, but high solar PV penetration in isolated areas can be difficult.
Five best practices for renewables integration • Lead public engagement, particularly for new transmission • Coordinate and integrate planning • Develop rules for market evolution that enable system flexibility • Expand access to diverse resources and geographic footprint of operations • Improve system operations
Australian Renewable Energy Agency (ARENA) • ARENA administers $3 billion in government funding for renewable energy technology innovation • ARENA manages existing Australian Government projects supporting renewable energy technology innovation • ARENA’s aims are to: • Improve the competitiveness of renewable energy technologies • Increase the supply of renewable energy in Australia • Website: www.arena.gov.au
ARENA projects and initiatives • Technologies supported by ARENA include solar, geothermal, wave energy, biofuels • Regional Australia’s Renewables initiative • Emerging Renewables Program • Accelerated Step Change Initiative • Renewable Energy Venture Capital Fund
ARENA – supporting large solar power • ARENA is pursuing large solar power opportunities in Australia, such as: • KoganCreek Solar Boost • Broken Hill and Nyngan PV • ARENA also supports next generation solar research and development • Australian solar researchers are world leaders
Summary of lessons learned • Policies are needed to support both renewables deployment and technology development • The Renewable Energy Target scheme has been an effective deployment mechanism, at moderate cost to consumers • Developing energy technologies takes time – a long time • Existing energy market arrangements matter: • Opportunities for the private sector to invest • System capable of integrating variable renewables • Renewables projects face just as much community opposition as other new developments