Part 7/8:
At the core of Australia's energy dilemma is the debate about how to maintain a reliable and stable grid amid a rapidly changing energy mix. The Australian Energy Market Operator (AEMO) currently lacks certainty about the specific technological investments needed to ensure system stability. They are considering options like synchronous condensers and other technologies but have yet to determine precise timelines or requirements.
Hilton warns that this lack of clarity risks plunging the country into grid instability, potentially reminiscent of Spain's experience, which faced massive blackouts due to inadequate planning and grid management. As renewable energy sources become more prevalent, maintaining grid stability while keeping costs reasonable will become increasingly complex.