Australia faces electricity reliability gaps over the next decade if urgent investments in transmission infrastructure are not made on time, the Australian Energy Market Operator AEMO said on Tuesday. AEMO published today an update to the 2023 Electricity Statement of Opportunities ESOO report, the 10-year reliability outlook for the National Electricity Market NEM.
According to AEMO, reliability risks in the Central scenario, relative to the 2023 reliability outlook, have increased in New South Wales between 2024-25 and 2027-28 due to advised delays to previously considered battery projects and revised assumptions for demand allocation within New South Wales. Risks have also increased for the state of Victoria until 2027-28 due to mothballed generators in South Australia and transmission limitations affecting flows into Melbourne.