Hydropower / Pumped Hydro Energy StorageProject Battery of the Nation Future State NEM Analysis (Stage 2)
The Battery of the Nation initiative is investigating and developing a pathway for future development opportunities for Tasmania to make a greater contribution to the NEM. ARENA has co-funded six projects with HydroTasmania under the initiative, which are helping to explore locations, finance models, market challenges and opportunities.
The future is uncertain and we need sound supply options for all futures.
Key strategic decisions in coming years will shape the NEM for decades to come; and yet, the same factors that are prompting the critical infrastructure decisions are also the source of substantial uncertainty. Challenges in modelling the transforming NEM1 highlights that modelling is our best option to understand how the system might change, yet also cautions against too much faith in any single outcome. Recognising the uncertainty and accommodating broader strategic conversations will be critical to ensure a secure, reliable and affordable electricity system.