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🤓 gather round for a little yarn about #australia's remarkable, accelerating energy transition. 🧵
just 3 years ago #AlanFinkel @ScienceChiefAu was tasked to review the national electricity market (NEM).
he recommended that AEMO prepare an #IntegratedSystemPlan every 2 years.
just 3 years ago #AlanFinkel @ScienceChiefAu was tasked to review the national electricity market (NEM).
he recommended that AEMO prepare an #IntegratedSystemPlan every 2 years.
the #ISP has 5 core scenarios…
don't think of a scenario as a prediction, but rather a set of constraints/assumptions and the cheapest path found to supply power within those constraints.
let's talk about the 'step change' scenario.
don't think of a scenario as a prediction, but rather a set of constraints/assumptions and the cheapest path found to supply power within those constraints.
let's talk about the 'step change' scenario.
'step change' is the closest to being compliant with the paris agreement — ie. a half-decent start if we want to keep the great barrier reef, not destroy civilisation etc.
it gets us to 96% renewables in 2042.
(the central 'business as usual' scenario is a few years slower.)
it gets us to 96% renewables in 2042.
(the central 'business as usual' scenario is a few years slower.)
