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renewables affordable (Read 233 times)
freediver
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renewables affordable
Feb 27th, 2017 at 9:51pm
 
The article suggests the cost for 100% renewables would be 93c/kWh, coming down to 75c/kWh. Electricity currently wholesales for about 55c/kWh, but the retail price is about $2.50/kWh. The change would hardly break the bank for consumers, and that is for the most drastic possible change. The difference it would make to the price is less than the savings you can make by shopping around for your electricity provider.

This effectively represents the upper limit on the carbon price needed to achieve a significant reduction in GHG emissions.

100 per cent renewable energy network affordable, secure and 'off the shelf': study

http://www.abc.net.au/news/2017-02-27/100-per-cent-renewable-network-possible/8306482

Australia can build an affordable and secure electricity network with 100 per cent renewable energy, using existing technologies, according to research by the Australian National University (ANU).

So how would it work?

The study details plans for a zero-emissions grid which would rely on wind and solar technology, supported by pumped hydro storage.

It could be set up with inexpensive, currently available, "off the shelf" products and eliminate the need for coal and gas-fired power.

At the moment, two-thirds of Australia's electricity comes from coal-fired power stations but as they age and close — like Hazelwood will in Victoria next month — a reliable baseload capacity replacement must be found.

Affordable, reliable, but 'hard to swallow' for some

Professor Andrew Blakers from the ANU said wind and solar can be that replacement, with the support of off-river pumped hydro, where reservoirs at different altitudes can be used to store and generate power.

Professor Blakers is the lead author on the study which has found that by using solar and wind energy, supported by pumped hydro, Australia can have a cheap, stable, zero-emissions network.

The research follows Energy Australia's announcement last week it will investigate an off-river pumped hydro venture at the top of South Australia's Spencer Gulf.

"Ninety-nine per cent of the Australian land mass is not near a river and we're finding hundreds and thousands of sites, all the way from north Queensland, down the Great Dividing Range and across to South Australia, Tasmania, Western Australia," Professor Blakers said.

"The primary aim was to find out whether we could go to 100 per cent renewable electricity while using only common, off-the-shelf items that have very well established prices. The short answer is, 'yes'."
So how much would it cost?

Modelled on current prices, Professor Blakers said the cost would drop from $93 a megawatt hour in 2016, down to $75 a megawatt hour in the 2020s.

"The affordability is there, photovoltaics and wind are now cheaper than gas and coal and will get much cheaper over the next decade," Professor Blakers said.

"The reliability is there because we have done very careful, hour-by-hour analysis of the Australian electricity grid and we find that with a modest amount of storage and some increased interconnectors within the states, the entire stability can match anything coal and gas can deliver."

Who supports it?

The plan has some strong backing — the Government's own Renewable Energy Agency kicked in $450,000 for the research.

Dylan McConnell from Melbourne University's Climate and Energy College said Australia needs to accept these are the energy systems of the future.

"The concept of baseload is basically an outdated concept — we need technologies that can meet our needs as they're required," Mr McConnell said.
"That is, they need to be dispatchable and reliable, when we actually demand them."

While he fully supports the research, he admits, right now, it will be hard for some to swallow.

"The lack of bipartisan support around energy policy will make this a challenging piece of research to accept in the current political climate, but it's still a very important contribution that needs to be taken seriously by all sides of government," he said.

Not everyone has welcomed the findings

Australian Energy Council CEO Matthew Warren said it wasn't the time for 'intellectual' proposals.

"Talking about 100 per cent renewables right now is the wrong question," Mr Warren said.
"We're dealing with real world problems of 50 per cent renewables in South Australia and consequences for that around the rest of the country.

"These are really material challenges in the real world."

Mr Warren said Australia was at an urgent juncture, where "intellectual exercises" like these, along with the politicising of the energy debate, have to make way for action.

"The fear is that things get worse before they get better, that we need severe crisis to galvanise political alignment, and that would be unfortunate because we can see that's coming," he said.

"We're already in a state where we can see conditions deteriorate before they improve because it will take us time to invest to restore the grid to a high-functioning level, so we don't have a lot of time."
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Jovial Monk
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Re: renewables affordable
Reply #1 - Mar 1st, 2017 at 10:07am
 
I doubt it would work, there just aren’t that many good sites for pumped hydro outside the eastern states. Molten salt would be a much better alternative for SA/NT/WA.

Getting gigawatt solar power generators needs like 20Km by 20Km of mirrors, pipes, towers etc. Fantastic cost to build, fantastic costs to maintain.

Nuclear will need to be part of the mix then storage not needed except small scale local—battery—storage.

But coal fired generators will increasingly become stranded assets.
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