Managing System Strength During the Transition to Renewables

Total Page:16

File Type:pdf, Size:1020Kb

Managing System Strength During the Transition to Renewables Managing system strength during the transition to renewables GHD ADVISORY i GHD Report for ARENA - Managing system strength during the transition to renewables Acknowledgement This project received funding from ARENA as part of ARENA's Advancing Renewables Program. Disclaimer The funding for this report was secured from the Australia Renewable Energy Agency (ARENA) by Powerlink Queensland along with its project partners, GHD, Pacific Hydro and Sun Metals. While the comments of the project partners were taken into consideration in the preparation of this report, the final report is independently authored by GHD. GHD disclaims responsibility to any person in connection with this report. GHD also excludes implied warranties and conditions, to the extent legally permissible. The services undertaken by GHD in connection with preparing this report were limited to those specifically detailed in the report and are subject to the scope limitations set out in the report. The opinions, conclusions and any recommendations in this report are based on conditions encountered and information reviewed at the date of preparation of the report. GHD has no responsibility or obligation to update this report to account for events or changes occurring subsequent to the date that the report was prepared. The opinions, conclusions and any recommendations in this report are based on assumptions GHD has made in this report. GHD disclaims liability arising from any of the assumptions being incorrect. GHD has prepared this report on the basis of information provided by various parties, which GHD has not independently verified or checked beyond the agreed scope of work. GHD does not accept liability in connection with such unverified information, including errors and omissions in the report caused by errors or omissions in that information. GHD ADVISORY ii GHD Report for ARENA – Managing system strength during the transition to renewables Executive summary In this report we focus on explaining system location and configuration for renewable energy strength, outlining the range of remedial options projects as well as placement of system strength available and the circumstances in which they provision infrastructure. This will help prevent might be applicable. We also explore the unanticipated expenditure and protracted project economic merit and commercial/regulatory issues delays. of a shared and scale-efficient model for implementing system strength provision by use of Our collective understanding of system synchronous condensers. strength is evolving over time. Initially system strength was understood in terms This report is intended to promote a broader of the fault level required for individual generators understanding of system strength. to be able to operate stably and to ride-through As Australia’s power system transitions toward system faults. renewable forms of power generation, system Subsequently the potential for multiple generators strength has emerged as a prominent issue and to interact in an unstable fashion became the has led to difficulties in developing and operating dominant concern. renewable generation projects. More recently, it has become apparent that the System strength is a technical subject and an “system strength issues” we are observing are area in which Australia is on the “bleeding edge” also influenced by other factors including system of international experience. Generally, there is a inertia. limited understanding of the topic and it is often There is every likelihood that we will uncover confused with other related power system issues additional aspects of system strength over time. such as inertia, adequacy or resilience. Our expanding understanding of system This report has been developed to promote a strength creates challenges for how we speak better understanding of system strength and its about it. implications, and the range of remedial options There are (at least) two options: that may be available. It is targeted at a broad audience, including readers from non-engineering 1. To progressively expand our definition of backgrounds. The goal is to establish a base level system strength to include these additional of understanding between all stakeholders aspects. In this case, system strength is involved in the power system and serve as a basis effectively becoming a synonym for power for dialogue, and informing the ongoing system stability. development of regulatory frameworks. 2. To preserve a more focussed definition of The report includes a “deep dive” on synchronous system strength as a subset of power system condensers, including the potential for a stability, but recognise that system strength is centralised approach to implementing them. interactive with other aspects of power system Although the report uses North Queensland as a stability, and that these aspects are equally worked example, the implications are expressed relevant to the connection of new generation in a way that should enable readers to consider and the secure operation of the power system. how they might apply in other regions. Whilst this distinction may seem pedantic, it has A clear and common understanding of the topic a significant bearing on how system strength is will allow utilities and generator proponents to described. This report has been written in terms work together in identifying the most optimal of the latter option. GHD ADVISORY iii GHD Report for ARENA – Managing system strength during the transition to renewables What is system strength? System strength is a way of describing how resilient the voltage waveform is to disturbances. Having a pliable voltage waveform is a precondition in which other problems are much more likely to emerge. System strength is a way of describing how process to the way in which the physical inertia of resilient the voltage waveform is to the synchronous generators resist changes in the disturbances. power system frequency. If a transmission network location is said to be In order to provide system strength, the “strong” in terms of system strength, the change in generators merely need to be online and voltage at that location will be relatively unaffected synchronised to the grid – they don’t have to be by a nearby disturbance. However, if a location is producing any real power. said to be “weak” in system strength the voltage at that location will be relatively sensitive to a system The progressive displacement of conventional, disturbance, resulting in a voltage dip that is fossil fuel powered, synchronous generators with deeper and more widespread. non-synchronous generation is reducing the overall level of system strength in the power Having a pliable voltage waveform is a system. precondition in which other problems are much System strength naturally diminishes with more likely to emerge. This includes longstanding electrical distance from synchronous issues such as power quality and voltage stability, generators. and emerging issues such as unstable Given the scale and topology of Australia’s power interactions between inverter-based generators. system, there are many locations in the network Conventional generators inherently provide where the system strength is naturally low and system strength. has always been this way. Whilst this has given System strength is created by conventional forms rise to some challenges, these have largely been of generation, not because of their fuel source managed internally within network service (e.g. coal, gas and hydro) but because of their use providers (NSPs). of synchronous generators which are electro- However, such locations are often attractive for magnetically coupled with the power system. the connection of renewable generators because Such generators inherently respond to voltage of good resource availability, low land costs, and disturbances on the power system in a manner the expectation of a straightforward connection to which resists the disturbance and limits its size, the power network. The high penetration of thereby automatically helping to stabilise network inverter-based renewable generators in areas with voltages arising from a network disturbance. The low system strength have led to new and complex ability to resist sudden changes in voltage issues that also impact upon generation magnitude comes from the magnetic flux in the proponents. generator’s core (i.e. flowing in and between the generator’s stator and rotor as a consequence of excitation (electrical energisation) of the generator’s stator windings), and is a distinct GHD ADVISORY iv GHD Report for ARENA - Managing system strength during the transition to renewables Currently, solar and wind technologies do not The problem is complex because it is not inherently provide system provide system necessarily a consequence of a single ‘rogue’ strength. inverter, but rather a mutually-incompatible Inverters transform the power produced by these combination of inverters and network conditions. sources into a form which is compatible with the Analysing the potential for unstable interactions grid. They are not driven by the physics between multiple inverters requires extremely associated with magnetic fields in the same way detailed models of each inverter and the network, as synchronous generators are, but rather rely on e.g. with a full representation of each inverter’s algorithms to sense and appropriately respond to control system. any fluctuations on the power network. Detailed modelling is now typically required If the system strength is low there is a risk that the for
Recommended publications
  • Powerlink Queensland Revenue Proposal
    2023-27 POWERLINK QUEENSLAND REVENUE PROPOSAL Appendix 5.02 – PUBLIC 2020 Transmission Annual Planning Report © Copyright Powerlink Queensland 2021 Transmission Annual Planning Report 2020 Transmission Annual Planning Report Please direct Transmission Annual Planning Report (TAPR) enquiries to: Stewart Bell A/Executive General Manager Strategy and Business Development Division Powerlink Queensland Telephone: (07) 3860 2801 Email: [email protected] Disclaimer: While care is taken in the preparation of the information in this report, and it is provided in good faith, Powerlink Queensland accepts no responsibility or liability for any loss or damage that may be incurred by persons acting in reliance on this information or assumptions drawn from it. 2020 TRANSMISSION ANNUAL PLANNING REPORT Table of contents Executive summary __________________________________________________________________________________________________ 7 1. Introduction ________________________________________________________________________________________________ 15 1.1 Introduction ___________________________________________________________________________________________ 16 1.2 Context of the TAPR _________________________________________________________________________________ 16 1.3 Purpose of the TAPR _________________________________________________________________________________ 17 1.4 Role of Powerlink Queensland _______________________________________________________________________ 17 1.5 Meeting the challenges of a transitioning energy system ___________________________________________
    [Show full text]
  • For Personal Use Only Use Personal For
    Level 6, 28 O’Connell Street Sydney NSW 2000 GPO Box 4626, Sydney NSW 2001 t. + 61 2 9048 8850 e. [email protected] w. www.genexpower.com.au 5 June 2017 ASX Announcement GENEX WELCOMES QLD STATE GOVERNMENT ANNOUNCEMENT OF STRATEGIC TRANSMISSION INFRASTRUCTURE FOR NORTH QUEENSLAND Genex Power Limited (ASX: GNX) (Genex or Company) welcomes the announcement from the Hon. Annastacia Palasczcuk, Queensland State Premier, in relation to the development of transmission infrastructure in North Queensland to unlock up to 2000MW of renewable projects in the region. As part of the announcement, the Queensland Government has stated that it will commit $150m towards developing a transmission line which will allow the 250MW Kidston Pumped Storage Hydro Project and the 270MW Kidston Solar Project (Stage Two) to connect directly into the national grid. This is a significant milestone for Genex as it secures a route to market for the renewable energy generated at Kidston. Genex will work with the government to ensure the development of the transmission assets fits in with the overall development of the Kidston Energy Hub. The media release states in part: “…The clean energy hub would connect the 75MW wind farm at Forsayth being developed by Infigen, the 520MW Kidston Hydro and Solar projects being developed by Genex and the Kennedy Energy Park, a combination of wind and solar generation with a capacity of 1200MW near Hughenden or other projects in the area.” Responding to the media release, Genex’s Executive Director Simon Kidston, who was present at the announcement by the Premier said: “The announcement of the feasibility study represents a very significant milestone for Genex.
    [Show full text]
  • Transmission Loss Factors) Rule 2020
    Australian Energy Market Commission DRAFT RULE DETERMINATION RULE NATIONAL ELECTRICITY AMENDMENT (TRANSMISSION LOSS FACTORS) RULE 2020 PROPONENT Adani Renewables 14 NOVEMBER 2019 Australian Energy Draft rule determination Market Commission Transmission loss factors 14 November 2019 INQUIRIES Australian Energy Market Commission PO Box A2449 Sydney South NSW 1235 E [email protected] T (02) 8296 7800 F (02) 8296 7899 Reference: ERC0251 CITATION AEMC, Transmission loss factors, Draft rule determination, 14 November 2019 ABOUT THE AEMC The AEMC reports to the Council of Australian Governments (COAG) through the COAG Energy Council. We have two functions. We make and amend the national electricity, gas and energy retail rules and conduct independent reviews for the COAG Energy Council. This work is copyright. The Copyright Act 1968 permits fair dealing for study, research, news reporting, criticism and review. Selected passages, tables or diagrams may be reproduced for such purposes provided acknowledgement of the source is included. Australian Energy Draft rule determination Market Commission Transmission loss factors 14 November 2019 SUMMARY 1 The Australian Energy Market Commission (AEMC or Commission) has made a more preferable draft rule to provide the Australian Energy Market Operator (AEMO) with greater flexibility to refine and improve the methodology to determine marginal loss factors. 2 This draft rule complements the recent changes the Commission has made to the National Electricity Rules (NER) on improving the transparency of new generation projects. It also supports AEMO's work to improve the transparency and predictability of loss factors. Together, these changes are in the long term interest of consumers as they will enable better, more informed decision-making for prospective investors of generation assets.
    [Show full text]
  • Green Infrastructure List
    Climate Bonds Initiative August 2018 AUS & NZ Green Infrastructure list Australia Low carbon transport Project name Proponent Location State Classification Advanced Train Management Australian National Under Cross cutting, ICT System implementation on Government construction ARTC network Inland Rail Australian VIC to QLD Planned Freight rail, Infrastructure Government/ ARTC Melbourne - Adelaide - Perth Australian VIC to WA Planned Freight rail, Infrastructure rail upgrade Government Reliance Rail NSW Government/ NSW Complete Public Passenger Transport, Rail, Rolling stock Reliance Rail Sydney Light Rail NSW Government NSW Under Public Passenger Transport, construction Rail, Infrastructure Newcastle Light Rail NSW Government NSW Under Public Passenger Transport, construction Rail, Infrastructure Sydney Metro Northwest NSW Government NSW Under Public Passenger Transport, construction Rail, Infrastructure Sydney Metro: NSW Government NSW Planned Public Passenger Transport, Rail, Infrastructure - West - City and Southwest Parramatta Light Rail NSW Government NSW Planned Public Passenger Transport, Rail, Infrastructure - Stage 1 - Stage 2 North South Rail link - Stage 1 NSW Government NSW Planned Public Passenger Transport, Rail, Infrastructure Regional Rail Fleet NSW Government NSW Planned Public Passenger Transport, replacement Rail, Infrastructure Inner West Bus Services NSW Government NSW Planned Public Passenger Transport, optimisation Bus, Infrastructure Circular Quay Renewal NSW Government NSW Planned Cross cutting, Integration of transport
    [Show full text]
  • Queensland Major Projects Pipeline
    2018 Queensland Ma jor Pro jects Pi peline Queensland Major Projects Pipeline A JOINT INITIATIVE OF THE QMCA, CSQ AND IAQ $M Total Pipeline 39,800,000,000 Annual Ave 7,960,000,000 Weekly Ave 153,000,000 Daily Ave 21,860,000 Hourly Ave 910,833 AT A GLANCE $7.9b per year Scale of $21m per day Recurring Expenditure Unfunded split Total Pipeline Major project Value activity $39.9b $2.1m Major $152m per Projects working per week hour Jobs Funding split The funded pipeline will support $8.2b 12,700 workers $20.2b North Queensland each year on average $39.9b Public Projects $13.6b Total $19.7b Fully-funding the pipeline South East Queensland will support an extra Private Projects $3.8b 4,700 workers Surat Basin each year on average 14.3b Various Major Projects Pipeline – Breakdown $39.9 billion total (over 5 years) Credibly Under Under Unlikely Prospective proposed Announced procurement construction 33 43 22 22 12 58 projects valued at projects valued at projects valued at projects valued at projects valued at projects valued at $6.9b $5.1b $4.1b $5.3b $4.1b $14.4b Unfunded $16.1 billion Funded $23.8 billion $M Total Pipeline 39,800,000,000 Annual Ave 7,960,000,000 Weekly Ave 153,000,000 Daily Ave 21,860,000 Hourly Ave 910,833 $7.9b per year Scale of $21m per day Recurring Expenditure Unfunded split Total Pipeline Major project Value activity $39.9b $2.1m Major $152m per Projects working per week hour Jobs Funding split The funded pipeline will support $8.2b 12,700 workers $20.2b North Queensland each year on average $39.9b Public Projects $13.6b
    [Show full text]
  • (Wind, Solar and Waste to Energy) Market Capability Assessment Report
    BIOFUTURES+ - Additional Industries (Wind, Solar and Waste to Energy) Market Capability Assessment Report 2018 Prepared by Jatin Patel, Procurement Specialist Industry Capability Network (ICN) Queensland September 2018 Version: 4.0 Disclaimer: This BIOFUTURES ADDITIONAL INDUSTRIES MARKET CAPABILITY ANALYSIS 2018 (report) has been prepared by the Industry Capability Network (ICN) Queensland, a brand of QMI Solutions Limited, for the Queensland Government’s Department of State Development, Manufacturing, Infrastructure and Planning (DSDMIP). Preparation of this report has been supported by DSDMIP through its 2017-18 Financial Incentives Agreement with the ICN. The purpose of this report is to showcase the capabilities of Engineering Procurement and Construction (EPC) Contractors with bases in Queensland to build Wind and Solar power generation projects. The report also covers EPCs based in Australia, who are capable of building waste to energy projects. The research and analysis performed by the ICN relies wholly on information available from the ICN Gateway database, business websites, capability statements, media statements and information available online. Detailed and/or independent verification of this data has not been undertaken by the ICN as part of this project. Whilst all care and diligence has been exercised at the time of the preparation of this report, ICN does not warrant the accuracy of the information contained within and accepts no liability for any loss or damage that may be suffered as result of reliance on this information, whether or not there has been any error, omission or negligence on the part of ICN or its respective employees, contractors or affiliates. The ICN is committed to protecting the privacy of the data of companies included in this report.
    [Show full text]
  • Transmission Loss Factors) Rule 2020
    Australian Energy Market Commission RULE DETERMINATION RULE NATIONAL ELECTRICITY AMENDMENT (TRANSMISSION LOSS FACTORS) RULE 2020 PROPONENT Adani Renewables 27 FEBRUARY 2020 Australian Energy Rule determination Market Commission Transmission loss factors 27 February 2020 INQUIRIES Australian Energy Market Commission PO Box A2449 Sydney South NSW 1235 E [email protected] T (02) 8296 7800 F (02) 8296 7899 Reference: ERC0251 CITATION AEMC, Transmission loss factors, Rule determination, 27 February 2020 ABOUT THE AEMC The AEMC reports to the Council of Australian Governments (COAG) through the COAG Energy Council. We have two functions. We make and amend the national electricity, gas and energy retail rules and conduct independent reviews for the COAG Energy Council. This work is copyright. The Copyright Act 1968 permits fair dealing for study, research, news reporting, criticism and review. Selected passages, tables or diagrams may be reproduced for such purposes provided acknowledgement of the source is included. Australian Energy Rule determination Market Commission Transmission loss factors 27 February 2020 SUMMARY 1 The Australian Energy Market Commission (AEMC or Commission) has made a more preferable rule to provide the Australian Energy Market Operator (AEMO) with greater flexibility to refine and improve the methodology to determine marginal loss factors (MLF). 2 This final rule complements the recent changes the Commission has made to the National Electricity Rules (NER) on improving the transparency of new generation projects.1 It also supports AEMO's work to improve the transparency and predictability of loss factors. Together, these changes are in the long term interest of consumers as they will enable better, more informed decision-making for prospective investors of generation assets.
    [Show full text]
  • Renewables: Powering Queensland's Future
    RENEWABLES: POWERING QUEENSLAND’S FUTURE CLIMATECOUNCIL.ORG.AU Thank you for supporting the Climate Council. The Climate Council is an independent, crowd-funded organisation providing quality information on climate change to the Australian public. Published by the Climate Council of Australia Limited ISBN: 978-1-925573-39-8 (print) 978-1-925573-38-1 (web) © Climate Council of Australia Ltd 2017 Petra Stock This work is copyright the Climate Council of Australia Ltd. All material contained in this work is copyright the Climate Council of Australia Ltd Senior Energy and Climate except where a third party source is indicated. Solutions Analyst Climate Council of Australia Ltd copyright material is licensed under the Creative Commons Attribution 3.0 Australia License. To view a copy of this license visit http://creativecommons.org.au. You are free to copy, communicate and adapt the Climate Council of Australia Ltd copyright material so long as you attribute the Climate Council of Australia Ltd and the authors in the following manner: Renewables: Powering Queensland’s Future by Petra Stock, Greg Bourne and Dr Karen Hussey. Greg Bourne Climate Councillor — Image credit: Cover photo “Lakeland Solar and Storage” courtesy of Kawa Australia Pty Ltd T/a Conergy. This report is printed on 100% recycled paper. Professor Karen Hussey Climate Councillor facebook.com/climatecouncil [email protected] twitter.com/climatecouncil climatecouncil.org.au CLIMATE COUNCIL I Contents Key Findings ....................................................................................................................................................................................ii
    [Show full text]
  • Powering North Queensland Plan Summary
    Department of Energy and Water Supply Powering North Queensland Plan Burdekin Falls Dam spillway The Queensland Government is investing $386 million to strengthen and diversify North Queensland’s energy supply, drive economic growth and support 5000 jobs A renewable boom has already started in the North ACTIONS Since January 2016, Queensland has seen an unprecedented level of renewable energy investment » Develop strategic transmission activity in North Queensland, with over 830 megawatts of infrastructure in North and North- large-scale projects commencing construction or finalising west Queensland commercial arrangements. Commission a hydro-electric study to These projects will deliver $1.6 billion of infrastructure » spending, while creating over 1400 jobs. assess options for deploying hydro in the state The prospects for further renewable energy investment are strong, with over 4000 megawatts of projects in the » Upgrade the Burdekin Falls Dam and pipeline in North Queensland. develop the Burdekin Hydro power project The Queensland Government will invest in strategic energy infrastructure to help unlock North Queensland’s renewable energy potential, as well as commit funds to strengthen the state's northern water infrastructure assets. The federal government has loan funding available to support infrastructure projects in North Queensland, through the Northern Australia Infrastructure Facility, and renewable energy through the Clean Energy Finance Corporation. The Queensland Government would prefer that this funding is directed to mature projects and infrastructure that will help the transition to lower emissions. Our actions in more detail Wind turbine in Atherton Tablelands Develop strategic transmission infrastructure in North and North-west Queensland Achieving a sustainable transition to 50 per cent renewable generation will require a diverse portfolio of renewable energy projects.
    [Show full text]
  • Regions and Marginal Loss Factors: FY 2020-21
    Regions and Marginal Loss Factors: FY 2020-21 July 2021 A report for the National Electricity Market Important notice PURPOSE This document has been prepared by AEMO as the ‘Regions Publication’ under clause 2A.1.3 of the National Electricity Rules (Rules), and to inform Registered Participants of the 2020-21 inter-regional loss equations under clause 3.6.1 of the Rules and 2020-21 intra-regional loss factors under clause 3.6.2 of the Rules. This document has effect only for the purposes set out in the Rules. The National Electricity Law (Law) and the Rules prevail over this document to the extent of any inconsistency. DISCLAIMER The calculation of the loss factors presented in this document incorporates information and forecasts from third parties. AEMO has made every reasonable effort to ensure the quality of the information in this publication but cannot guarantee that any information, forecasts and assumptions are accurate, complete or appropriate for your circumstances. Explanatory information in this document does not constitute legal or business advice, and should not be relied on as a substitute for obtaining detailed and specific advice about the Law, the Rules, any other applicable laws, procedures or policies or the future development of the National Electricity Market power system. Accordingly, to the maximum extent permitted by law, AEMO and its officers, employees and consultants involved in the preparation of this document: • make no representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of the information in this document; and • are not liable (whether by reason of negligence or otherwise) for any statements or representations in this document, or any omissions from it, or for any use or reliance on the information in it.
    [Show full text]
  • Shamrock Civil Engineering Pty. Ltd
    Capability Statement 18 Jul 2018 SHAMROCK CIVIL ENGINEERING PTY. LTD. INDUSTRIES SERVED CLEAN ENERGY CONSTRUCTION & ENGINEERING DEFENCE OIL, GAS & ENERGY RAIL WATER ABN: 68 066 655 856 www.shamrockcivil.com.au Company Details Address: 195 Cobalt Street Local Manufacturer: No CAROLE PARK QLD, 4300 Australia Foreign Manufacturer: No Ph: +61 7 3727 1100 Importer: No Fax: +61 7 3879 4100 Exporter: No Email: [email protected] NT CAL Accredited: No Web: www.shamrockcivil.com.au Works in Remote Locations: Yes ICN Gateway Company ID: 80077 Australian Indigenous Owned: No Employees: 115 ABN: 68 066 655 856 Locations: 3 Contacts Mr Andrew Kerr Ph: +61 7 3727 1100 Mob: +61 4 1902 6132 Email: [email protected] Mr Brendan Kealy Ph: +61 7 3727 1100 Mob: +61 4 3168 8931 Email: [email protected] www.shamrockcivil.com.au 02 SHAMROCK CIVIL ENGINEERING PTY. LTD. Shamrock Civil provide project specific construction solutions for their clients with case studies as evidence. Summary Shamrock Civil is a privately owned tier two civil since 1994. Our key civil construction services include site construction company that has been delivering projects clearing, bulk earthworks, pond and dam construction, nationwide for the gas and mining, transport infrastructure, roadworks, demolition and services (electrical, stormwater, commercial, defence and government development sectors, drainage, communications). Description Shamrock Civil provide project specific construction Examples of the civil works that we provide include: solutions for their clients with case studies as evidence. Each project is premised on meeting or exceeding the customers Airport runways, aprons and ancillary works needs as determined through both early and in-progress Building and construction pads client interaction, while maintaining a strong focus on the Bulk earthworks safety and environmental performance, quality, timeliness Dams and ponds and budget for the works.
    [Show full text]
  • CLEAN ENERGY AUSTRALIA REPORT 2019 REPORT 2019 We Put More Energy Into Your Future
    CLEAN ENERGY AUSTRALIA CLEAN ENERGY AUSTRALIA REPORT 2019 AUSTRALIA CLEAN ENERGY REPORT 2019 We put more energy into your future At Equip, we’re fairly and squarely focused on generating the best possible returns to power the financial future of our members. With more than 85 years in the business of reliably delivering superannuation to employees in the energy sector, it makes sense to nominate Equip as the default fund for your workplace. Equip Super fair and square Call Tyson Adams Ph: 03 9248 5940 Mob: 0488 988 256 or email: [email protected] This is general information only. It does not take into account your personal objectives, financial situation or needs and should therefore not be taken as personal advice.Equipsuper Pty Ltd ABN 64 006 964 049, AFSL 246383 is the Trustee of the Equipsuper Superannuation Fund ABN 33 813 823 017. Before making a decision to invest in the Equipsuper Superannuation Fund, you should read the appropriate Equip Product Disclosure Statement (PDS). Past performance is not a reliable indicator of future performance. Equipsuper Financial Planning Pty Ltd (ABN 84 124 491 078, AFSL 455010) is licensed to provide financial planning services to retail and wholesale clients. Equipsuper Financial Planning Pty Ltd is owned on behalf of Equipsuper Pty Ltd. CONTENTS 4 Introduction 6 2018 snapshot 12 Jobs and investment in renewable energy by state 15 Project tracker 16 Policy void risks momentum built by Renewable Energy Target 18 Industry outlook: small-scale renewable energy 19 Industry outlook: large-scale
    [Show full text]