The purpose of this publication is to provide an update to the 2022 Electricity Statement of Opportunities for the National Electricity Market, due to material changes affecting available generation capacity in the National Electricity Market from that set out in the 2022 Electricity Statement of Opportunities.

This report from the Australian Energy Market Operator (AEMO) shows that Australia’s transition to net zero by 2050 is accelerating faster than expected, with the impacts of coal-closures brought forward and renewables becoming cheaper. The report also outlines further planned investments in wind and solar capacity, as well as storage and hydro, for the transition.

The Wholesale Electricity Market (WEM) Electricity Statement of Opportunities (ESOO), published annually, presents AEMO’s 10-year Long Term Projected Assessment of System Adequacy (PASA) for the South West Interconnected System (SWIS) in Western Australia (WA).

The objective of this audit was to examine the effectiveness of Snowy Hydro Limited’s governance arrangements for early implementation of Snowy 2.0, the expansion to the Snowy Hydro Scheme.

This report has been prepared as an accessible and comprehensive first port-of-call for policy-makers and key stakeholders, to ensure they have the facts straight when talking about, and making decisions that affect Australia's NEM. It is designed to equip policy-makers and commentators with an accessible knowledge base from which to devise or advocate for critical...