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Richie Merzian @RichieMerzian
, 4 tweets, 4 min read Read on Twitter
Professor Diesendorf's simple four-step recipe for #fairdinkumpower published by @TheAusInstitute in @renew_economy today

1) Provide additional $4 billion to @ARENA_aus & $2 billion @CEFCAus over 4 yrs to to stimulate dispatchable, flexible, renewable electricity and storage
2) expedite construction of key transmission links between Qld and NSW, SA and NSW, within north-western and western Vic, and within northern NSW to better integrate renewable electricity into the grid;

reneweconomy.com.au/four-key-steps… #auspol
3) bring forward simple rule changes in #NEM to reward demand response and flexible, fast-response, dispatchable power and to reduce ‘gaming’ of the market by gas-fired generators

(See @DanJCass demand response rule suggestion - afr.com/news/aemc-mull…)
4) NSW and WA should follow the lead of the ACT (@ShaneRattenbury), Vic (@LilyDAmbrosioMP) and Qld (@DrAnthonyLynham) by introducing renewable electricity targets and reverse auctions for large-scale renewable energy power stations.

Full report here: tai.org.au/content/renewa…
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