QED Q4 insights - warmer weather and electrification causes record underlying demand

AEMO On Air

#Podcasting Education #Australian Energy Market Operator

42:14

Episode Description: Jessica B. Harris may have been born and raised in New York City, but she has Tennessee roots through her father and has spent much of her life split between homes in the Northeast and the South – specifically New Orleans. For more than fifty years, she has been a college professor, a writer, and a lecturer, and her many books have earned her a reputation as an authority on food of the African Diaspora, as well as a lifetime achievement award from the James Beard Foundation. A few years back, Netflix adapted her book, High on the Hog: A Culinary Journey from Africa to America , into a 4 part docuseries. And I’m very proud to say that she’s a longtime contributor to Southern Living with a regular column called The Welcome Table. This episode was recorded in the Southern Living Birmingham studios, and Sid and Jessica talked about her mother’s signature mac and cheese, the cast-iron skillet she’d be sure to save if ever her house were on fire, and her dear friend, the late New Orleans chef Leah Chase. For more info visit: southernliving.com/biscuitsandjam Biscuits & Jam is produced by : Sid Evans - Editor-in-Chief, Southern Living Krissy Tiglias - GM, Southern Living Lottie Leymarie - Executive Producer Michael Onufrak - Audio Engineer/Producer Jeremiah McVay - Producer Learn more about your ad choices. Visit podcastchoices.com/adchoices…

about a year ago 20:44

MP3•Episode home

In the last quarter of 2024 the National Electricity Market hit new demand records, while the contribution of coal fired generation dipped below 50% for the first time.

In this episode we dive into the insights from the Q4 Quarterly Energy Dynamics (QED) report with AEMO’s Manager of Market Insights, Kerry Galloway.

Kerry breaks down the key takeaways from the report, including the surge in renewable energy contributions, highlighting the transformation of Australia’s energy system. She discusses how east coast wholesale gas prices rose to $13.60/GJ, driven by record Queensland LNG exports and increased gas-fired electricity generation. While increased battery storage in Western Australia helped the state hit a new quarterly average renewable contribution record of 46% and a renewable peak of 85%.

Interviewer: Paul Zennaro
Read the QED here: https://bit.ly/3NJp2Sk

LinkedIn | X | Facebook

20 episodes

QED Q4 insights - warmer weather and electrification causes record underlying demand

AEMO On Air

published about a year ago

MP3•Episode home

In the last quarter of 2024 the National Electricity Market hit new demand records, while the contribution of coal fired generation dipped below 50% for the first time.

In this episode we dive into the insights from the Q4 Quarterly Energy Dynamics (QED) report with AEMO’s Manager of Market Insights, Kerry Galloway.

Interviewer: Paul Zennaro
Read the QED here: https://bit.ly/3NJp2Sk

LinkedIn | X | Facebook

20 episodes

#Podcasting Education #Australian Energy Market Operator

All episodes

AEMO On Air

1
Record Renewables and Lower Emissions: Breaking Down Q1 2025 Energy Trends 20:28

4 weeks ago20:28

20:28

In our latest episode of the AEMO On Air podcast, AEMO’s Manager of Market Insights, Kerry Galloway breaks down the Q1 2025 Quarterly Energy Dynamics (QED) report – highlighting record-breaking growth in renewable generation across the National Electricity Market (NEM). Kerry also discusses how a change in fuel mix, led by higher renewable and battery generation and Australia’s world leading take-up of rooftop solar combined with lower coal-fired power output, led to the quarters record low emissions intensity – 5.7% below for the WEM and 5.1% for the NEM compared to the same period last year. Read the QED here: https://bit.ly/3So5FAx Interviewer: Catie Low LinkedIn | X | Facebook…

AEMO On Air

1
Energy leaders of the future: a spotlight on the Zema Energy Studies Scholarship 29:21

9 weeks ago29:21

29:21

In this episode of AEMO On Air, we spotlight two emerging leaders helping shape Australia’s energy future. Join us as we sit down with Merry Hoang and Jaleel Mesbah, recipients of the Zema Energy Studies Scholarship – a world-class PhD program in partnership with Monash University. This scholarship was created to honour AEMO’s founding CEO, Matt Zema, and is dedicated to supporting the next generation of energy leaders as they tackle the complex challenges facing Australia's energy sector. Tune in to hear about how Merry and Jaleel’s PhD studies are driving innovation, advancing research, and building a more sustainable energy future. Learn more about the Zema Energy Studies Scholarship: www.aemo.com.au/about/zema-energy-studies-scholarship Information about applications to the Zema Energy Studies Scholarship: www.monash.edu/energy-institute/students/scholarships/zema-energy-studies-scholarship Interviewer: Catie Low LinkedIn | X | Facebook…

AEMO On Air

1
Growing the grid: Connecting generation and storage 24:20

13 weeks ago24:20

24:20

AEMO's Onboarding and Connections team plays a vital role in Australia's energy transition, connecting new generation and storage into our grid. In this latest episode of AEMO On Air, we talk to Group Manager Onboarding and Connections, Margarida Pimentel about her team, the Connections Scorecard report and the importance of working closely with industry to bring new energy projects to life. The latest Connections Scorecard shows that ~50 GW of new projects – equivalent to 70% of today's generation capacity in the NEM – are working through the connection process: bit.ly/3CGzEQ7 Interviewer: Catie Low LinkedIn | X | Facebook…

AEMO On Air

1
Securing our energy grid: AEMOs Strategy for Power System Security 22:51

16 weeks ago22:51

22:51

Last year, AEMO released its first Transition Plan for System Security, mapping out how we will contribute to maintaining power system security as the National Electricity Market (NEM) and WA’s Wholesale Electricity Market (WEM) move toward a world without coal fired power stations. In this episode of AEMO On Air, we chat with Chris Mock, Manager of Engineering Strategy – System Design, about the role of the plan and its outlined considerations for maintaining system security across three-time horizons – ensuring the transition is smooth, secure, and sustainable for all Australians. Read the Transition Plan for System Security here: https://bit.ly/4kak4Nj View the Transition Plan for System Security Infographic here: https://bit.ly/4bhTUo4 Media release: https://bit.ly/41q1KbM Interviewer: Catie Low LinkedIn | X | Facebook…

AEMO On Air

1
QED Q4 insights - warmer weather and electrification causes record underlying demand 20:44

18 weeks ago20:44

20:44

In the last quarter of 2024 the National Electricity Market hit new demand records, while the contribution of coal fired generation dipped below 50% for the first time. In this episode we dive into the insights from the Q4 Quarterly Energy Dynamics (QED) report with AEMO’s Manager of Market Insights, Kerry Galloway. Kerry breaks down the key takeaways from the report, including the surge in renewable energy contributions, highlighting the transformation of Australia’s energy system. She discusses how east coast wholesale gas prices rose to $13.60/GJ, driven by record Queensland LNG exports and increased gas-fired electricity generation. While increased battery storage in Western Australia helped the state hit a new quarterly average renewable contribution record of 46% and a renewable peak of 85%. Interviewer: Paul Zennaro Read the QED here: https://bit.ly/3NJp2Sk LinkedIn | X | Facebook…

AEMO On Air

1
From university to the energy transition: Inside AEMO's Graduate Development Program 24:17

20 weeks ago24:17

24:17

In our first AEMO On Air podcast for 2025, we dive into the AEMO Graduate Development Program — a game-changer for anyone looking to kickstart their career in the energy sector. We chat with Maddison Demmler, AEMO Graduate Program Manager about the importance of graduate programs in today’s world and the role graduates can play in Australia's energy transition. Plus, we hear from Zahra and Sasindu as they share their hands-on experiences and insights into life as a graduate. To find out more about AEMO’s Graduate Development Program, or to apply, click here: https://bit.ly/40A1RQp Interviewer: Paul Zennaro LinkedIn | X | Facebook…

AEMO On Air

1
The critical role of natural gas in WA's energy mix 20:56

25 weeks ago20:56

20:56

As WA transitions to net zero, natural gas continues to play a critical role in providing energy to homes and businesses. In this week’s episode of AEMO On Air, we chat with AEMO’s Nicola Falcon, Interim Executive General Manager of WA, about the latest WA Gas Statement of Opportunities (GSOO) which reveals a strengthened near-term outlook compared to last year’s GSOO, with WA’s domestic gas supply expected to exceed consumption through to 2027. Read the WA GSOO here: https://bit.ly/4fr2HnQ View the WA GSOO overview here: https://bit.ly/402NeGp Media release: https://bit.ly/3OYHB5J Interviewer: Paul Zennaro LinkedIn | X | Facebook…

AEMO On Air

1
More common than a backyard pool – the rise of rooftop solar in Australia’s energy transition 25:26

29 weeks ago25:26

25:26

Did you know there are more rooftop solar systems in Australia, than there are swimming pools in backyards? Aussies have embraced rooftop solar like nowhere else on the planet, making households the largest generators of energy on the grid, but we have a long way to go to reach our enormous potential and so much to gain by doing so. In this episode we chat to Violette Mouchaileh, AEMO's Executive General Manager of Reform Deliver, about how rooftop solar is assisting with Australia’s energy transition. Interviewer: Paul Zennaro LinkedIn | X | Facebook…

AEMO On Air

1
QED Q3 insights - weather's impact, price fluctuations and new capacity growth 23:28

31 weeks ago23:28

23:28

In this episode we dive into the insights from the Q3 Quarterly Energy Dynamics (QED) report with AEMO’s Manager of Market Insights, Kerry Galloway. Kerry breaks down the key takeaways from the report, including the impact of weather on energy supply and demand, why the cooler July and warmer August/September caused fluctuations in wholesale energy prices, and a big win – at the end of Q3 2024, 45.6 gigawatts (GW) of new capacity were progressing through the connection process from application to commissioning. Interviewer: Paul Zennaro Read the QED here: https://bit.ly/3NJp2Sk LinkedIn | X | Facebook…

AEMO On Air

1
Operating the power system of the future - Daniel Westerman's speech at the AFR's 2024 Energy and Climate Summit 19:50

33 weeks ago19:50

19:50

AEMO CEO Daniel Westerman spoke at the Australian Financial Review’s 2024 Energy and Climate Summit. In this special episode of AEMO On Air, we take a listen to Daniel’s speech, where he gives us a glimpse into what operating the energy system of the future could look like. In the speech Daniel discusses the challenges of operating Australia's electricity grids in the not-too-distant future, when they no longer have coal in the energy mix. He addresses peak renewable contributions, including the National Electricity Market's record peak of 74% that was set this Spring. And he talks about the challenges that come with keeping our grids secure and stable, during periods when rooftop solar's contribution is high, and there is very low demand for power from the transmission network. To read Daniel’s full speech, visit: https://bit.ly/3BPaYE1 Host: Paul Zennaro Audio thanks to the Australian Financial Review. LinkedIn | X | Facebook…

AEMO On Air

1
Forecasting Reliability: The Critical Insights from AEMO's 2024 ESOO 19:24

40 weeks ago19:24

19:24

AEMO’s 2024 Electricity Statement of Opportunities (ESOO) report provides a 10-year outlook of investment requirements to maintain reliability for Australia’s National Electricity Market (NEM). In this episode, we hear from Andrew Turley, GM – Forecasting, System Design, on the importance of this outlook and why it is critical that expected investments in generation, storage and transmission are delivered on time and in full. Access the full ESOO report here: https://bit.ly/473fs5u Interviewer: Paul Zennaro LinkedIn | X | Facebook…

AEMO On Air

1
It's a RAP - AEMO launches first Reconciliation Action Plan 30:49

43 weeks ago30:49

30:49

In early July, to coincide with NAIDOC Week, AEMO launched our first Reconciliation Action Plan (RAP), marking a significant step forward in our commitment to reconciliation, diversity, and inclusion. In this episode, Paul chats with AEMO’s Kate Pollock, Senior Consultant – Organisational Development and Jodana Anglesey, Stakeholder Relations & Communications Lead at AEMO Services, about the importance of our RAP in Australia’s energy transition and how this document will help AEMO partner with First Nations communities as we move to a net-zero Australia. To view our RAP document and images of Lani Balzan’s artwork, visit: www.aemo.com.au/about/reconciliation-action-plan Interviewer: Paul Zennaro LinkedIn | X | Facebook…

AEMO On Air

1
Wind, rain and gas - how weather impacted Q2's QED 22:05

45 weeks ago22:05

22:05

In this week’s episode of AEMO On Air, we break down our recently released Quarterly Energy Dynamics (QED) report with AEMO’s Manager of Market Insights, Kerry Galloway. Tune in as we discuss how the June quarter's low wind speeds and reduced rainfall in south-eastern Australia saw decreases in electricity supplied from wind and hydro, why flexible gas-powered generation is the ultimate backstop for periods of reduced renewable generation and how Western Australia set a new 2nd quarter record for renewables in the grid. Interviewer: Paul Zennaro LinkedIn | X | Facebook…

AEMO On Air

1
A roadmap for the energy transition - insights from the ISP 28:33

48 weeks ago28:33

28:33

Recently AEMO released our 2024 Integrated System Plan (ISP), a 25-year road map to transition the National Electricity Market (NEM) to net zero. Hear from Daniel Westerman, AEMO Chief Executive Officer, in today's episode of AEMO On Air, as he breaks down the ISP and confirms that Australia’s energy transition is well underway, with renewable energy accounting for 40% of electricity used in the past year Interviewer: Paul Zennaro LinkedIn | X | Facebook…

AEMO On Air

1
WA's energy transition is on! What the latest WEM ESOO tells us 21:05

50 weeks ago21:05