09 Dec 2015
Insider 20: Innovating in the Electricity Market
In this Insider article Hugh Bannister, Chairman and CEO of IES and an old hand in the market, lists his Top Seven desirable fixes.
Insider 20: Innovating in the Electricity Market
The National Electricity Market was conceived and designed around twenty years ago. At the time, it was a small miracle of both technical and institutional innovation. Like Ford’s model T, it’s been tweaked in many ways since then but under the hood it remains much as it always has been. It is badly in need of an update to deal with the world as it will soon become.
The challenges are known – the rise of distributed generation and storage, the impact of government policy on renewables and emissions, customer incentives created by skyrocketing retail electricity tariffs and the challenges all this poses for established networks, generation, retailers and customers. AEMC and AEMO are busy peering into this uncertain future and contemplating responses.
In this Insider article Hugh Bannister, Chairman and CEO of IES and an old hand in the market, lists his Top Seven desirable fixes.
03 Jun 2015
Insider 19: Will Energy Storage Arrive Sooner with Demand Charges?
In this edition of IES Insider we consider the electricity tariff arrangements that a home equipped with energy storage and solar PV is likely to receive.
Insider 19: Will Energy Storage Arrive Sooner with Demand Charges?
In this edition of IES Insider we consider the electricity tariff arrangements that a home equipped with energy storage and solar PV is likely to receive. We address the question of cost reflective pricing and whether the consumer will be better off with demand charge pricing, or existing pricing structures such as time-of-use.
Why does this matter?
Electricity tariff structures will have a significant impact on the viability and future take up of energy storage technologies. This article presents the results of a recent analysis by IES which tests the proposition that battery storage will become economically viable sooner under a demand tariff.
Please download our latest Newsletter for the full article.