Regulating hydro - now and in the future Amar Rathore, General Manager, Technical Assessment and Support, Clean Energy Regulator
Pumped hydro energy storage conference – 29 August 2017 2
The Renewable Energy Target Pumped hydro energy storage conference – 29 August 2017 3
Hydro – how does it work? Source: State of the energy market – May 2017, Australian Energy Regulator Pumped hydro energy storage conference – 29 August 2017 4
Hydro’s role in Australia’s renewables 2016 installed capacity Small-scale solar Large-scale solar Hydro Wind Biomass Pumped hydro energy storage conference – 29 August 2017 5
Hydro and the RET Hydro Pumped hydro • Three large existing pumped • Pumped hydro not eligible for hydro power stations LGC creation Only electricity generated from Acquisition of electricity for use • • rainfall, melted snow and in hydro pumps could be liable natural water flows is eligible for under the RET LGC creation • CER would be happy to provide • Any electricity used in pumping guidance to pumped hydro and to raise water is treated as an energy storage proponents auxiliary loss as per regulations Pumped hydro energy storage conference – 29 August 2017 6
The future for pumped hydro Finkel Review – Blueprint for Future Security of National Electricity Market • Transforming Australia’s electricity generation is not a matter of choosing just one technology over another. • Increased investment in dispatchable generation and storage at grid-scale in response to high levels of VRE penetration. The backup and storage technologies deployed will include gas-fired generation, batteries and pumped hydro. Pumped hydro energy storage conference – 29 August 2017 7
Questions
Recommend
More recommend
