- Written by AUSTELA
In the next AUSTELA newsletter, we will report on another major research initiative from AUSTELA, now nearing conclusion and due to report in mid-2013.
The project – ‘Identifying the Potential Network Benefits of CSP in the NEM’, is co-funded by AUSTELA, distribution network services provider Ergon Energy, and ARENA.
Network system investments are the single largest component of recent electricity price increases, and the potential for renewable energy to reduce these costs, while increasing renewable energy deployment and generating regional economic benefits, is a key focus of research in Australia and other markets overseas.
The goal of the ‘Potential Network Benefits of CSP’ project is to quantify the potential for CSP deployment to resolve network constraints in the National Electricity Market. It will also inform work underway (by AEMO, UNSW and others) to investigate how Australia could move to very high penetration of renewable energy.