The Australian Energy Market Operator’s (AEMO) 2020 Electricity Statement of Opportunities (ESOO) forecasts Australian households and businesses will have reliable access to electricity this summer.
The ESOO also forecasts rapid declines in daytime minimum operational demand levels in all NEM regions, as a result of continued strong uptake of rooftop solar installations.
The Hon Angus Taylor MP, Minister for Energy and Emissions Reduction, said the National Electricity Market (NEM) is well positioned to deliver the secure, reliable and affordable power that businesses and households need this summer.
‘Blackouts during Australian summers have been far too familiar and far too common in recent years, and we have taken strong action to minimise this.’
AEMO notes that the coronavirus crisis has also created increased uncertainty, particularly in regard to potentially delaying power station maintenance, and changes in energy demand as the economy emerges from the pandemic.
‘Like all sectors of the economy, the energy industry is not immune to the impact of COVID-19,’ the Minister said.
‘The government will continue to work closely with industry and energy market bodies to manage the impacts on our energy sector and ensure the lights stay on.’
For more information, see the Minister’s media release and AEMO’s 2020 Electricity Statement of Opportunities (PDF 4.22MB).
An ESOO infographic (1.22MB) is also available.