Power

  • On the generation side, the Australian Energy Market Operator anticipates a need for greater investment to meet projected capacity shortfalls, maintain reliability of supply and increase the proportion of lower emissions energy

  • Network investments are likely to continue to be driven by peak demand growth, increased new customer connections and the ongoing upgrade or replacement of aged network assets installed 30 to 50 years ago.

At the same time there are questions about the ability of the deregulated electricity market to provide sufficient price signals and compensation to ensure resource adequacy especially with higher capital and operational costs for generation, higher financial market hedging costs and uncertainties related to the impact of the carbon price.

Network service providers are facing declining energy sales but continuing increases in peak demand.

Under intense competition, retailers are looking to reduce their exposure to pool price risks and for quality demand management products and services that could be used to add value to their retail offering.

Some of these challenges could be addressed, at least partially, by helping customers to implement energy conservation and demand management projects. However there appears to be much less demand side participation in the market than could be economically efficient, partly because no one participant can capture the full supply chain benefits along the disintegrated supply chain.

Leveraging our energy and carbon markets expertise and long experience working extensively with various players along the electricity supply value chain Energetics' provides valuable market insights and evidence-based recommendations around elements such as:

  • Carbon-based risk management and planning

  • Assessment of technical, economic and market potentials of demand side response based on a proprietary bottom-up engineering model

  • Demand management program design, implementation and evaluation

  • Market segmentation and development of new demand side response product and service offerings

  • Integration of intermittent renewable energy resources into the network and synergies with demand side response options and deployment of smart grid technologies

  • Economic and technical evaluation of alternative power generation technologies and combined heat and power systems