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MIL-OSI Energy: Australian batteries pushing coal out of frequency control market, saving customers money

By   /  May 10, 2019  /  AEMO, AM-NC, Australia, Australian Energy Market Operator, Battery Storage, Business, Commodities, CTF, DJF, Economy, Energy, Energy Markets, English, Exploitation, Exploration, Frequency Control and Ancillary Services Markets, Gas, Global Coal Markets, Global Economy, Industry, Institute for Energy Economics and Financial Analysis, KB, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, Queensland, Transition, Wivenhoe  /  Comments Off on MIL-OSI Energy: Australian batteries pushing coal out of frequency control market, saving customers money

Source: Institute for Energy Economics and Financial Analysis Renew Economy: The growth in number of big batteries in Australia’s main grid is displacing coal generation as a provider of frequency control and ancillary services (FCAS) markets, and helping reduce overall costs, according to the Australian Energy Market Operator. In its latest Quarterly Energy Dynamics report, […]

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MIL-OSI Energy: BNEF says new wind, solar now cheaper than existing coal generation in Australia

By   /  May 9, 2019  /  AEMO, AM-NC, Australia, Australian Energy Market Operator, Bloomberg New Energy Finance, Business, Commodities, CTF, DJF, Economy, Energy, Energy Investment Trends, English, Exploitation, Exploration, Gas, Global Coal Markets, Global Economy, Industry, Institute for Energy Economics and Financial Analysis, KB, Kobad Bhavnagri, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, Renewables, solar, Transition, Wind  /  Comments Off on MIL-OSI Energy: BNEF says new wind, solar now cheaper than existing coal generation in Australia

Source: Institute for Energy Economics and Financial Analysis Renew Economy: The era of cheap coal power in Australia is over; brought to an abrupt end by ever cheaper solar and wind power generation, and by rising coal prices, according to Bloomberg New Energy Finance’s Kobad Bhavnagri. “This is something that we only projected would occur […]

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