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2021 Electricity statement of opportunities

A report for the National Electricity Market
Publisher
Electricity grid Renewable energy Electricity Electricity demand Energy industries Power resources Australia
Resources
Description

The Electricity Statement of Opportunities (ESOO) provides technical and market data for the National Electricity Market (NEM) over a 10-year period to inform the planning and decision-making of market participants, new investors, and jurisdictional bodies. The ESOO includes a reliability forecast identifying any forecast reliability gaps in the coming five years, defined according to the Retailer Reliability Obligation (RRO), and an indicative projection of any forecast reliability gaps in the second five years of the forecast.

A key focus of this year’s ESOO is on managing an accelerating transition towards high instantaneous penetration of renewable generation, thermal generation withdrawal, and ‘green’ hydrogen consumption.

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