As part of the transition to affordable, reliable, cleaner and secure energy, the Northern Territory Government has released the Darwin-Katherine Electricity System Plan.
The system plan provides a comprehensive and credible pathway to generate 50% renewable energy by 2030 in the Darwin-Katherine Electricity System - cutting emissions in half.
In addition to providing cleaner, secure and reliable energy, the system plan demonstrates that meeting the 50% renewable energy target by 2030 will result in decreased electricity system costs, leading to an annual cost saving of $30 million per annum by 2030.
Over the past decade, there has been a consistent increase in the adoption and integration of renewable technologies across the Territory.
The Darwin-Katherine Electricity System provides energy to 150,000 Territorians, and one in six customers have roof top solar panels. Customers are using more of their own solar generation to power their homes and businesses during the day rather than using traditional generation.
Customers are also exporting their solar into the grid; meaning less need for centralised generation from the power system during the day, creating changes in demand.
As the Territory energy system continues to evolve and more renewable energy is integrated, it is critical that there is a comprehensive strategy to manage this change and maximise the opportunities for Territorians.
The system plan also focuses on six key areas to achieve the 50% renewable energy target which include investing in:
- thermal generation
- battery storage to capture surplus solar energy that can be used at night
- security batteries to support system stability
- new virtual power plants, and
- demand management initiatives to maximise the value of solar energy production.
The system plan aims to maximise opportunities and attract new investments that deliver on the Territory’s renewable energy target.
It also builds on, and existing Territory Government initiatives including the Home and Business Battery Scheme, Solar in Schools initiative and 35MW Battery Energy Storage System.
For more information and to read the plan, go to the Territory Renewable Energy website.