South Australia’s Power Crisis: Renewables, Batteries and the Future Role of Gas
Renewable generation is growing rapidly in South Australia. This is posing two interrelated challenges: declining availability of fossil fuel plants and how to cope with the growing intermittency of power supply.
As renewable capacity grows, the economics of combined-cycle gas turbines (CCGT) is further challenged by declining utilisation and an increase in relative fixed costs.
By 2025, wind and solar – even after firming costs are included – will compete with CCGT capacity running at mid-merit/peaking. Meanwhile, a solar with battery combination will also start to compete with CCGT.
This joint study by GTM Research and Wood Mackenzie assesses generation economics in South Australia out to 2025. Contact us for the full table of contents and list of figures.
Download a free brochure with a full table of contents as well as more information on the report's analysis.