AEMO welcomes NEM plans
AEMO says a strong pipeline of energy projects is progressing through the NEM connection process.
However, the authority is still urging new investments amid the anticipated retirement of two-thirds of coal power stations in the next decade.
Key October 2023 insights show 620 MW approved applications, totaling 1,560 MW year-to-date. Notably, 630 MW achieved full operational status.
AEMO’s latest scorecard predicts a major influx, with 90 per cent of new projects in early stages, representing half of NEM's total capacity.
Battery project applications surged year-on-year from 14 projects (1,860 MW) to 22 projects (5,100 MW). Of the 69 pre-registration projects (11,000 MW), 39 (6,830 MW) are set for construction, showcasing accelerated timelines and proactive engagement.
Despite positive trends, developers face challenges like resource shortages and prolonged pre-registration periods for 25 per cent of projects.
AEMO and Clean Energy Council's updated Connections Reform Roadmap aims to streamline and align the connection process with commercial milestones.
AEMO’s monthly NEM connection scorecards are available on its website.