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Study to investigate renewables in the NEM



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Minister for Resources and Energy, Minister for Tourism

Study to Investigate Renewables in the NEM 20 June 2012

The Commonwealth Government has announced that it will grant the University of Melbourne $900,000, through the Emerging Renewables Program, towards a $1.2 million study Achieving Cost-effective Abatement from Australian Electricity Generation.

The Minister for Resources and Energy, Martin Ferguson AM MP, said the project will produce software modelling of Australia’s electricity market to assist with understanding how the National Energy Market might achieve the cheapest cuts in carbon emissions while using increased levels of renewable energy.

“The project will allow many thousands of simulated combinations of wind, solar and thermal power, with optimisation tools helping to find the lowest cost combination,” Minister Ferguson said.

“Importantly, the project will see the development of open source modelling software to assess the performance of future energy systems, including transmission networks, under different levels of renewable energy penetration.

“The software will be publicly available so that it can be used by researchers in academia or industry, allowing for scrutiny and refinement over time.”

The project will commence on 1 July 2012 and is scheduled to end early 2015. The University of Melbourne will conduct the study with support from the University of New South Wales.

Other participants include the Australian Energy Market Operator, the Bureau of Meteorology, the Victorian Department of Treasury and Finance, General Electric and consultants Market Reform.

From 1 July 2012, the Australian Renewable Energy Agency will assume responsibility for the Emerging Renewables Program and other programs administered by the Australian Centre for Renewable Energy.

More information on the Emerging Renewable Program is available at www.ret.gov.au.

Media Contact:

Elyse Gatt - 0407 198 136

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