The Australian Energy Market Operator (AEMO) has just released its latest report for the Wholesale Electricity Market (WEM).
Known as the Electricity Statement of Opportunities (ESOO), this annual publication includes the 10-year Long Term Projected Assessment of System Adequacy (PASA) for the South West Interconnected System (SWIS) in Western Australia (WA).
According to the AEMO, “This 2023 WEM ESOO highlights the urgency of advancing generation, storage, DSM, and transmission projects to bolster reliability and support a rapid and orderly energy transition.
“Globally, the transition to deploy renewable energy has been accelerated by strong motivation to ensure secure access to energy resources.
“This has created a strong demand for minerals that are critical to the energy transition, and new emerging industries including green hydrogen and ammonia.”