How does a wind or solar farm make money?


In May this year Jonathon Dyson and I presented a webinar on ‘Maximising Value in the NEM’ for Solar Farms to the Clean Energy Council’s Large-Scale Solar Forum webinar series.  We followed this up with a similar presentation on ‘Maximising profitability in the NEM’ for Wind Farms at the CEC’s Wind Industry Forum webinar series in September.

Three central points of discussion in the webinars

In these two seminars, we explored for a Semi-Scheduled Generator:

  1. what you must do – which we covered with the first 2 snippets:
  2. what you want to do to maximise returns, and
  3. how to adapt as the market and power system changes.

 

Snippets about what Semi-Scheduled generators want to do

Today we’re sharing the third in a short series of snippets from the recording of the Wind Industry Forum webinar.   In this snippet, I explain where the money flows in the NEM for a wind or solar farm:

If the video above does not load, you can find it on Vimeo here.

 

Other excerpts from the 2020 webinars

I posted articles before each webinar:

– each providing a sneak peek into some of the other content from the webinars.

Clean Energy Council events Next Year (2021)

The Clean Energy Council has scheduled the 2021 Large-Scale Solar Forum for Brisbane on 11 March 2021, and the Wind Industry Forum for Melbourne on 25 May 2021.

Check out the CEC’s events page here for further details.

About the Author

Marcelle Gannon
Marcelle is a software engineer and market analyst keen on the transition to renewable energy. She has energy sector experience at AEMO and a renewables developer, joining Global-Roam in 2020.

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