South Australia locks in funding deal with Canberra to ensure it can become first grid in world to reach 100 per cent net renewables via wind, solar and storage.
Wow that’s amazing. Some key points from the article:
The funding deal – through what’s known as a Renewable Energy Transformation Agreement – means that the federal government will underwrite a minimum one gigawatt of new wind and solar generation capacity and another 400 MW (1,600 MWh) of storage – to ensure it meets its target of 100 per cent net renewables by 2027
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That does not mean it will be powered at all times by wind and solar. But the amount of wind and solar generated and stored each year will be equivalent to what it consume each year. The state will export power at times and import at other times, and can fall pack on existing peaking gas plants to fill in the gaps.
Wow that’s amazing. Some key points from the article: