Australian wholesale power can trade anywhere from minus $1,000 to $23,000 a megawatt-hour, and it re-prices every five minutes. Marija Petkovic models what happens to that market as ten gigawatts of batteries arrive in it.
Come and talk energy with me. We get into why the spreads open as renewables come in and close again as storage is built — and why Marija thinks that's the market working exactly as it should, not failing. Battery revenues in Queensland have already fallen 70% in a year, with not one coal plant gone yet. We also get into the chicken-and-egg nobody wants to own: state governments want the oversupply before they'll let coal close, and investors want the price signal before they'll build it.
Plus why Queensland owning its own coal fleet gives it options no other state has, why nobody gets the spreadsheet out before buying a home battery, and what it was like being told at university that if renewables ever reached 20%, the sky would fall.
Marija Petkovic is Founder and Managing Director of Energy Synapse, a market modelling and analytics firm working with developers and investors in utility-scale clean energy.
Altri episodi di "Energypreneurs"
Non perdere nemmeno un episodio di “Energypreneurs”. Iscriviti all'app gratuita GetPodcast.
