With the national electricity market transforming, Hydro Tasmania will shatr insights on how deep storages can increase the reliability, security and affordability of Australia’s grid, the role Tasmania can play, and the investment and employment opportunities that will be unlocked.
By the late 2020s, wind and solar generators are expected to supply nearly half of our grid’s total energy consumption and at times, this could be as high as 75%. However, though everyone’s currently talking about grid stability and security, consuming and balancing this volume of low-cost (but variable) renewable energy supply will present an increasing challenge to reliability if action is not taken.
Deep (long duration) storages, and the flexibility they bring, are an effective solution to help balance the energy mix, increasing the reliability, security and affordability of Australia’s grid.
Australia’s energy market operator notes that the projected need for future storage is at a scale not seen before in the NEM; in fact, 15GW by the early 2040s. Much of this could be needed earlier if the retirement of coal-fired generation occurs sooner than projected.
Hydro Tasmania has been managing storages of varying durations for over a century and this presentation will share insights into the challenges, learnings and opportunities for Tasmania’s hydropower system. Hydro Tasmania will share how Battery of the Nation can be a part of Australia’s least-cost future energy system and the exciting (and significant) investment and employment opportunities that will be unlocked.
The presentation takes a close look at the role and value of long-duration storage, in particular Information on how deeper storages can help manage future forecasting uncertainty and help meet some of the emerging challenges like solar cycle balancing and wind droughts. It will also share insights on the forces and factors influencing the future electricity market design.
Cameron Potter – Battery of the Nation Manager, Strategic Market Analysis
Cameron has a passion for data driven decision making and being at the edge of new technology has driven Cameron’s career. Cameron has championed risk-driven analysis of renewable energy, power system integration studies, and research and product development related to wind and solar energy modelling for commercial and/or government purposes and is the Manager, Strategic Market Analysis for the Battery of the Nation initiative.
Christopher Gwynne – Battery of the Nation Project Director
Christopher manages the strategic development of the Battery of the Nation initiative, the blueprint for how Hydro Tasmania's renewable energy resources could be developed over coming decades.
An electrical engineer by profession, Christopher has spent the last 15 years working across the full spectrum of Hydro Tasmania’s activities, from consulting on electrical transmission refurbishments to overseeing commercial operations and transactions such as the transfer of Aurora’s gas operations to Hydro Tasmania in 2013.
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