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How might the NEM wholesale market and derivate markets most efficiently evolve to provide signals for investment in firmed, renewable generation and storage capacity?
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How do we enable consumers—ranging from large businesses to households with rooftop solar—to benefit from and contribute to the market? Integrating new consumer energy resources (CER) such as electric vehicles (EVs), batteries and solar photovoltaic (PV) has the potential for reducing unit costs by lifting capacity utilisation of the network and generation infrastructure. Lifting capacity utilisation through more efficient use of energy at different times of the day would reduce unit costs and improve outcomes for all consumers.
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How will prices at different times of the day and year change and evolve with the move towards firmed, renewable energy generation and storage?
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What new markets and other measures might ensure they are provided?
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How might we harness the larger number of small resources and growing participation to ensure all markets are increasingly competitive?
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