Rooftop solar, other renewables make 9GW of baseload fossil fuels no longer needed in Australia
August 1, 2013
AGL Energy, one of the big three power utilities in Australia, says that 9,000MW of fossil-fuel baseload capacity needs to be taken out of the national electricity market (NEM) to bring it back into balance, RenewEconomy reports.
That assessment of 9,000MW equates to nearly one-third of the country’s baseload generation — a sure sign that renewables, and in particularly rooftop solar, are changing the dynamics of the market, says RenewEconomy.
Germany, much further advanced than Australia on its renewables path, is witnessing the forced closure of fossil fuel assets as the market dynamics change — and despite the withdrawal of nuclear capacity.