They have united to express concern over plans to set minimum pay and conditions for the gig economy; three-quarters of AFR readers back ASIC suing Star directors. Follow updates here.
Earlier this morning, AEMO chief executive Daniel Westerman appeared on ABC Radio to explain what the federal government’sThe batteries will add a combined capacity of around 2 gigawatts to Australia’s energy mix, which Westerman said would be a “significant addition” to the country’s power system. He said it would decouple Australia from future international coal and gas price shocks if an event like Russia’s illegal invasion of Ukraine were to occur again.
“Integrating those renewables decouples us from those input costs for power generation, coal and gas, that are subject to these international price shocks,” he told ABC Radio.“Earlier this year, we did face an extraordinary situation in the national electricity market ... I don’t think we’re going to see the exact same situation occur in Australia’s energy markets at any point in the foreseeable future, but the factors that led us there I think will be persistent factors.
“So the reliability of coal-fired power stations, for example, as they age just like an old car, they need maintenance, and sometimes they break down and our power system needs to be able to be resilient against that.” He said batteries would be built differently to most of Australia’s current wind and solar resources, which have traditional inverters that “basically just latch onto that frequency” produced by ageing coal-fired generators.
“These [batteries] will have the capability to create the waves and not just follow them and so that really is a critical part of enabling Australia’s energy transition and enables us to kind of wean ourselves off these ageing coal-fired power generators,” he said.
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