The Australian Energy Market Operator (AEMO) has warned that the country’s mainland states could experience electricity shortages as early as 2027 and called for urgent investments in the sector.
In the latest national electricity market update (pdf), the AEMO revealed that while Australia had sufficient electricity generation capacity in the next couple of years, the country urgently needed new projects to go online to ensure the power grid’s reliability over the next decade.
This happens as Australia continues to phase out coal-fired power stations while facing delays on some major projects.
The report listed a number of major changes to the energy system in the past few months, including new gas, wind and battery developments in the National Electricity Market (NEM), the bringing forward of the shutdown of AGL’s Torrens Island B Power Station, and a delay to the Snowy 2.0 hydro project and the gas-fired Kurri Kurri Power Station….