Transcript Document
Renewable energy development - Australia’s experience Presented by Emily Kennedy ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY Australia’s electricity systems ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY Australia’s electricity generation ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY Australia’s Renewable Energy Resources ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY Australia’s Renewable Energy Resources ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY Renewable energy generation in Australia ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY 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 ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY Installed capacity – wind ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY Installed capacity – solar ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY Recent renewables developments in Australia • • • • • 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 ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY 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. ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY 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 ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY 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 ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY 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 ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY ARENA – supporting large solar power • ARENA is pursuing large solar power opportunities in Australia, such as: – Kogan Creek Solar Boost – Broken Hill and Nyngan PV • ARENA also supports next generation solar research and development – Australian solar researchers are world leaders ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY 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 ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY Thank you for listening ENHANCING AUSTRALIA’S ECONOMIC PROSPERITY