2011 Electricity Statement of Opportunities
2011 Electricity Statement of Opportunities : Update
Under the Electricity Rules, AEMO is required to provide an update if there are changes to generation or demand forecasts, as there have been in the last seven months.
Economic forecasts from March 2011 (a key input into the 2011 ESOO forecasts) predicted stronger economic growth than what has occurred and a stronger Australian dollar has also put pressure on the local manufacturing sector.
This update is at 2 March 2012.
2011 Electricity Statement of Opportunities
AEMO published its 2011 Electricity Statement of Opportunities (ESOO) on 30 August 2011. The ESOO provides a broad analysis of opportunities for generation and demand-side investment in the National Electricity Market.
The ESOO also provides information about demand projections, generation capacities, and NEM supply adequacy for the next 10 years.
This publication has been prepared by AEMO using information available at 1 July 2011, however the impact of changes after this date have been assessed where practical. This includes discussion about the impact of the Australian Government’s Clean Energy Future Plan, announced on 10 July 2011.
9 September 2011
Since publishing the 2011 ESOO we have found errors in some of the Summer and Winter maximum demand (MD) tables and figures in Chapter 3 and Appendix A. It only affects historical values and have no implications on the supply-demand outlook, nor any of the conclusions of the report.
The affected tables and figures are:
- NEM-wide Summer MDs (Table 3-5, Fig 3-4)
- NEM-wide Winter MDs (Table 3-6, Fig 3-5)
- VIC Summer MDs (Table 3-14, Fig 3-13)
- VIC Winter MDs (Table 3-15, Fig 3-14)
The online version of the document has been updated with the revisions as of this date. The printed version will include the revisions as well.
Update
Under the Electricity Rules, AEMO is required to provide an update if there are changes to generation or demand forecasts, as there have been in the last seven months.
Economic forecasts from March 2011 (a key input into the 2011 ESOO forecasts) predicted stronger economic growth than what has occurred and a stronger Australian dollar has also put pressure on the local manufacturing sector.
This update is at 2 March 2012.
KPMG Reports