Power transmission upgrades proposed in South Australia

  • Spanish Market: Electricity, Hydrogen
  • 02/06/23

South Australian (SA) power transmission group ElectraNet has proposed A$2.35bn ($1.55bn) in network upgrades as it seeks to meet power demand for new and existing customers.

The group's transmission annual planning report update released on 31 May pointed to demand forecasts as proof of the need for further investment. ElectraNet said the company was experiencing an unprecedented level of enquiries from renewable energy generators, grid-scale battery providers and customers, totalling 2,000MW in new transmission, dwarfing the state's present maximum electricity demand level of 3,300MW.

"Electrification of the state's economy, new large industrial loads and the hydrogen sector are the key drivers of these high demand growth forecasts," said ElectraNet chief executive Simon Emms.

The company has developed priorities for new transmission in the state's mid-north, southeast and Eyre Peninsula districts to increase capacity and connect with projects in the state's renewable energy zones. The plans contain several options for each region, with a total price tag of up to A$2.35bn across a construction period stretching from the mid-2020s to the early 2030s.

ElectraNet and its New South Wales' counterpart TransGrid are currently building the 860km EnergyConnect interconnector to replace SA's gas-fired power stations. SA is already a national leader in renewable developments, with a target of 100pc renewable electricity production by 2030.


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18/04/24

Wind capacity additions down 93pc under AMLO

Wind capacity additions down 93pc under AMLO

Mexico City, 18 April (Argus) — Mexico installed just 96MW of wind power capacity in 2023, a new low amid President Andres Manuel Lopez Obrador's policy to limit private sector development. Last year's wind power capacity additions were down by 93pc from the 1,281MW installed during Lopez Obrador's first full year in office in 2019, according to the Global Wind Report 2024 published by the Global Wind Energy Council. New wind power additions were also down by 39pc from the 158MW installed in 2022. Lopez Obrador's statist energy policy has sought to claw back state-owned utility CFE's market position in the face of an enormous private sector clean energy build out launched during the previous administration. Between 2016 and 2018 CFE held three long-term power auctions, contracting 7,000MW of new renewable energy projects as the government made a push to decarbonize Mexico's power matrix. But Lopez Obrador ruled out further auctions and has actively curtailed the award of new generation permits, stalling the development of 5,800MW of wind projects, according to wind energy association Amdee. Mexico has 7,413MW of installed wind capacity, accounting for 8.2pc of the country's 89,890MW total installed generation capacity, according to the energy ministry. Despite the slowed pace in Mexico, new wind installation continued to grow in Latin America last year, led by Brazil with 4.8GW to bring total onshore capacity in the country to 30.4GW in 2023. GWEC expects 28.7GW of new wind capacity in Latin America over the next five years, on top of the 50.6GW of current capacity. Globally 117GW of new wind energy capacity was installed last year, up by 50pc on the previous year and a new record. GWEC expects global wind capacity to double to 2TW by 2030, as governments agreed to triple global renewable energy capacity at the climate talks in Dubai last year. The outlook for Mexican wind power also looks more positive with both presidential candidates in the 2 June election committed to accelerating the energy transition through the build out of new clean energy capacity. Governing party candidate and current frontrunner Claudia Sheinbaum pledged to make renewable energy a "hallmark" of her administration and committed this week to investing $13.6bn in clean energy projects if elected. By Rebecca Conan Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Canada furthers investment in GHG reductions


18/04/24
18/04/24

Canada furthers investment in GHG reductions

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Australia’s Queensland legislates emissions targets


18/04/24
18/04/24

Australia’s Queensland legislates emissions targets

Sydney, 18 April (Argus) — Australia's Queensland state today approved two separate laws setting renewable energy and emissions reduction targets over the next decade, as it transitions away from a coal-fired dependent power generation system. Queensland set net greenhouse gas (GHG) emissions reduction targets of 30pc below 2005 levels by 2030, 75pc by 2035 and zero by 2050 under the Clean Economy Jobs Act, while theEnergy (Renewable Transformation and Jobs) Act sets renewable energy targets of 50pc by 2030, 70pc by 2032 and 80pc by 2035. The state is on track to surpass the 2030 emissions target, latest data show, as it achieved a 29pc reduction in 2021. Even though the share of renewables in the power mix last year was the lowest across Australia at 26.9pc, it has been increasing consistently since 2015 when it was 4.5pc, according to data from the National Electricity Market's OpenNem website. Coal-fired generation has been steadily falling, down to 42.9TWh or a 65.7pc share in 2023 from 52.9TWh or 83pc in 2018. Most of Queensland's coal-fired plants belong to state-owned utilities, which the previous Labor party-led government of Annastacia Palaszczuk indicated would stop burning coal by 2035 . The new Labor party premier Steven Miles disclosed the 75pc emissions reduction target by 2035 in his first speech as leader last December. The Energy Act locks in public ownership of electricity assets, ensuring that at least 54pc of power generation assets above 30MW remain under state control, as well as 100pc of all transmission and distribution assets and 100pc of so-called "deep storage" assets — pumped hydro plants with at least 1.5GW of capacity. The government will need to prepare and publish a public ownership strategy for the July 2025-June 2030 and July 2030-June 2035 periods. A fund totalling A$150mn ($97mn) will also be set up to ensure workers at existing state-owned coal-fired power plants and associated coal mines have access to new jobs and training or financial assistance during the transition. The Clean Economy Jobs Act sees the government receiving advice from an expert panel on the measures needed to reduce emissions. The government will need to develop and publish sector plans by the end of 2025 with annual progress reports to Queensland's parliament. By Juan Weik Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Sheinbaum pledges $13bn for Mexican energy transition


17/04/24
17/04/24

Sheinbaum pledges $13bn for Mexican energy transition

Mexico City, 17 April (Argus) — Mexican presidential candidate Claudia Sheinbaum pledged to invest $13.6bn in electricity infrastructure through 2030, with a key focus on Mexico's energy transition. "We are going to accelerate the energy transition with new solar, wind and hydropower projects," Sheinbaum told a meeting of business associations in Merida, Yucatan, on 15 April. Former Mexico City mayor Sheinbaum is ahead of opposition candidate Xochitl Galvez for the 2 June presidential election, according to recent polls. While Sheinbaum is the continuity candidate for President Andres Manuel Lopez Obrador's Morena party, she has been a vocal supporter of clean energy development in contrast to Lopez Obrador's pursuit of conventional power projects and a restriction on private sector renewable energy development. "We are developing a national energy plan not just to 2030 but towards 2050 to coincide with our international climate change commitments," Sheinbaum said. Mexico committed to reduce greenhouse gas emissions by 35pc by 2030 from a 2000 baseline at the Cop 27 climate talks in 2022. Key projects through 2030 include 13.66GW of new power capacity across three hydropower plants, the third and fourth phases of the 1GW Puerto Penasco solar plant, two gas-fired combined cycle plants, cogeneration plants for the Cadereyta and Salina Cruz refineries, and additional wind and solar capacity. In addition to large scale electricity projects, Sheinbaum also committed to a build out of distributed generation, calling for the installation of solar panels in residential and commercial property. But while Sheinbaum pledged her "commitment to reaping the benefits of the historic moment Mexico is seeing in terms of foreign direct investment," she also recommitted to cap private sector electricity participation at 47pc. Foreign direct investment into Mexico hit $36.1bn in the fourth quarter of last year, 22pc above the same period in 2022, but investment into the energy sector has tanked under Lopez Obrador's statist energy policies, according to the latest statistics from the economy ministry. Lopez Obrador's government has largely focused on fossil fuel-based electricity generation, including the construction of new gas-fired combined cycle plants. But despite a commitment to build at least five combined cycle plants during his administration, Sheinbaum confirmed that only the Merida plant is due to launch by the end of this year. Launch dates for the Valladolid, San Luis Colorado, Gonzalez Ortega and Tuxpan plants have been pushed back to 2025-2030. By Rebecca Conan Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Malaysia sets up cross-border renewable energy exchange


17/04/24
17/04/24

Malaysia sets up cross-border renewable energy exchange

Singapore, 17 April (Argus) — The Malaysian government is creating the Energy Exchange Malaysia (Enegem) to allow for cross-border "green electricity" sales to neighbouring countries, starting with pilot sales to Singapore. The auctioning process for cross-border sales of clean electricity will begin with a 100MW pilot run utilising the existing connection between peninsular Malaysia and Singapore, announced Malaysia's Ministry of Energy Transition and Water Transformation on 15 April. The auction will be open to renewable energy bidders in Singapore that have import licences issued by Singapore's Energy Market Authority. This pilot phase of 100MW is to "make sure that it works, and then if it does work, hopefully it can be expanded to a gigawatt level," said the chairman of the Energy Commission Malaysia Rashdan Yusof at the Atozero conference in Singapore on 17 April. "On the demand side, there will also be an auction for suppliers of renewable energy into the exchange," said Rashdan, adding that the exchange will aggregate all the renewable energy sector participants, predominantly in the solar sector, and then provide the energy to Singapore, depending on requirements such as load factors, among other things. Malaysia aims to catalyse the development of the Asean regional electricity grid and cross-border energy trading. There are "tremendous discussions" on future interconnections, said Rashdan. Malaysian state-owned utility TNB has signed six agreements with utility counterparts in Thailand, Vietnam and Laos, and has two feasibility studies planned with utilities in Indonesia and Singapore, he said, without providing additional details on these deals. There is great willingness to establish this regional power grid but one of the obstacles is that "each jurisdiction has different energy pricing systems," said Rashdan. There is a significant difference in energy pricing between Singapore and Malaysia, for example, as energy is largely subsidised in Malaysia. "These subsidies, I find, will be a core impediment in terms of the free flow of electrons," he added. "The energy exchange can level the economic and commercial playing field, so that money can flow. Once the money can flow, the electrons will flow. That's the aim of the energy exchange, to have that transparency and market-based system, without the distortion of price subsidies." There are a number of bilateral power agreements in the region, with some even crossing multiple borders, such as the Laos-Thailand-Malaysia-Singapore Power Integration Project, which connects renewable power supplies from Laos to Singapore. But Asean countries need to scale up to multilateral power trading to fully benefit from regional grid interconnectivity. Regional grid optimisation in Asean could cut the net present cost of full decarbonisation by 11pc from $7.2 trillion to $6.5 trillion, according to international classification society DNV's Asia-Pacific regional director for energy systems Brice Le Gallo last year. By Prethika Nair Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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