February 22, 2024

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ARENA Announces Funding for South Australia Power Networks

In Australia’s upcoming renewable energy landscape, there will be fresh prospects for cooperation between electricity networks and retailers to assist customers in optimising the potential of their own energy resources.

The Australian Renewable Energy Agency (ARENA), acting on behalf of the government, has revealed that it will grant AU$1.02 million to SA Power Networks along with two energy companies to collaborate on creating and testing retailer solar management offers that are capable of functioning alongside the flexible connection offers of electricity networks (also known as ‘dynamic operating envelopes’). The aim is to provide customers with Consumer Energy Resources and a smooth and seamless experience.

Despite rooftop solar being the biggest source of energy generation in South Australia, the majority of systems are not capable of reacting to market signals. However, energy companies are striving to transform this by introducing innovative offers that incentivise customers to make their solar power responsive to pricing signals in the wholesale energy market.

The primary objective of the AU$ 2.1 million project is to facilitate the development of an integrated design for the new customer offers and SA Power Networks’ Flexible Export connections for rooftop solar. The rollout of this integration will begin in July 2023 as a standard service offering.

The integration of flexible export connections with innovative retail market offers is intended to optimise customers’ market participation opportunities while maintaining power flows within the technical limits of the network. This approach could potentially be expanded in the future to support other “behind-the-meter” equipment, such as batteries and electric vehicles.

Should the solutions developed prove effective, they could be adopted by other states within the National Electricity Market, thereby potentially unlocking wholesale market and network benefits.

Demand and generation flexibility present opportunities to lower energy costs, regulate peak and minimum demand, and shift energy loads to times when renewable energy is most abundant. This flexibility can be put into action in real-time, as a response to market signals, generation shortages, or network limitations.

According to the CEO of ARENA, intelligent management of rooftop solar has the potential to serve as a long-term solution for accommodating the growing influx of renewable energy into the market. He added that the project undertaken by SA Power Networks is a targeted and limited trial that will aid in shaping the development of future mechanisms for managing rooftop solar PV and other energy assets owned by customers.

According to the latest statistics from the Department of Climate Change, Energy, the Environment and Water In the year 2020-21, renewable energy sources constituted 8% of Australia’s total energy consumption. While the production of renewable electricity has more than doubled over the last ten years, the combustion of biomass such as firewood and bagasse (the leftover pulp from sugar cane crushing) accounts for just under 40% (38%) of Australia’s overall renewable energy consumption.

In the year 2021, 29% of Australia’s overall electricity generation was derived from renewable energy sources, which comprised solar (12%), wind (10%) and hydro (6%). This represented the highest percentage of renewables in the country’s total electricity generation to date, with the previous record of 26% having been set in the mid-1960s.

Over the past decade, solar and wind power have been the primary forces behind the expansion of renewable generation, with their output having more than doubled. Small-scale solar generation saw a growth of 29% in 2021 and an average of 28% per year over the last 10 years. Wind generation, on the other hand, grew by 19% in 2021 and by an average of 15% per year over the last decade. In contrast, hydropower output has remained relatively consistent, subject to fluctuations due to rainfall and market conditions, and has decreased in importance as other sources of generation have diversified.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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