Solar Generation. Australian Market Modelling
Building on the evidence in the major industry report 'Realising the Potential for CSP in Australia, a new report - also released on 6 June 2012 - provides further analysis illustrating the value of solar thermal power in the Australian electricity market.
The Australian Solar Institute commissioned ROAM Consulting to conduct detailed modelling of the interaction between solar generation and the Australian electricity markets in order to identify the potential value of solar generation (including the incremental value of energy storage and gas hybridisation of solar thermal power) in the market.
The resulting report includes forecasted solar plant revenues, and forecasts the impact of varying levels of large scale solar generation on the National Electricity Market. Evidencing the economic benefits of solar power, one of the report's key findings is that while wholesale electricity prices are forecast to rise over time, increasing levels of solar penetration are likely to reduce wholesale electricity pool prices.
Download the report here ( 5.3MB)