AEMO bets big on energy storage to save Australia

The new AEMO Integrated Energy Plan makes for facinating reading:

The objective of an ISP is to minimise long-term total system costs, thereby maximising benefits in the interest of consumers, while meeting the NEM’s reliability, security and emissions expectations. We have set out in Part B our modelling approach to determine a least-regret development path to meet that objective.

We now lay out the results of that modelling, which in effect describes what our power system might look like in 2040 if it is to meet all its expectations, and the investments needed to get there. The individual scenario outcomes are laid out in the double-page Figure 11 below. The years are indicative and are financial years (i.e. 2030 is the financial year 2029-30). Part D, the roadmap itself, reveals the optimal development path, and the staging and approximate timing for investments. In this Part C, all dates are indicative and on a financial year basis.

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