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Renewable e nergy d evelopment - Australia’s experience. Presented by Emily Kennedy. Australia’s electricity systems . Australia’s electricity generation. Australia’s Renewable Energy Resources. Australia’s Renewable Energy Resources. Renewable energy generation 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