Investment Signals

Signals for where firming, storage and dispatchable capacity may be needed as coal retires and wind/solar capacity grows.

Investment signal cards

Firm Capacity Gap
Adequate
-5,193.6 MW
Peak demand minus duration-adjusted firm capacity
Storage Coverage Hours
Investment signal
0.6 h per VRE MW
BESS MWh ÷ wind + solar MW
VRE Share of Capacity
Adequate
34.9 %
Wind + solar as share of total capacity
Long-Duration Firming Exposure
Adequate
32,279.2 MW
3,340 MW proposed gas/hydro vs 32,279 MW long-duration gap
Coal Replacement Progress
Adequate
0 MW retired
5,286 MW BESS proposed (1,510 MW firm) · 3,340 MW gas/hydro proposed
Curtailment Risk
Investment signal
0.6 storage h/VRE MW
Low storage vs VRE growth increases cannibalisation risk

Peak shortfall & VRE firming

Firm dispatchable capacity includes coal, gas (peakers and baseload), hydro, liquid fuels and duration-adjusted BESS at 10h. Wind and solar are excluded from firm capacity and shown separately as indicative firming need.

Peak shortfall (red band) is demand exceeding firm dispatchable capacity — gas peakers and other dispatchable plant are already counted in the firm line. VRE firming requirement is wind and solar nameplate treated as needing separate backing at 0 ELCC, even when peak shortfall is zero.

Battery vs gas firming requirement

Stacked by duration bucket

Short-duration gaps favour BESS. Gaps beyond 10 hours increasingly favour gas, hydro, long-duration storage or demand response.

0–2h: short-duration BESS · 2–10h: medium-duration BESS · 10–24h: long-duration storage / gas · 24h+: gas / hydro / future fuels

Required vs proposed firming

System requirement at peak need (2050, 34,179 MW firm gap) compared with the full pre-operating pipeline today.

28,940 MW long-duration gap uncovered

Proposed capacity is risk-weighted by project status.

Required (2050)
34,179 MW
Peak firming need by duration bucket
Proposed (pipeline)
4,850 MW
Risk-weighted pre-operating projects
Proposed BESS
5,286 MW
1,510 MW firm @ 10h
Proposed gas / hydro
3,340 MW
280 peakers · 0 baseload · 3,060 hydro

Required bars use the peak firming need year (largest gap or coal replacement). Proposed bars show the full pre-operating pipeline today — compare whether batteries, gas and hydro match the duration mix the system needs.

Dark bars = required firming at peak need · Light bars = proposed pipeline (BESS firm-adjusted at 10h). Long-duration proposed includes gas, hydro and >10h BESS.

Coal retirement vs firming build

Cumulative MW

If coal retirements exceed firming build, scarcity pricing risk increases.

Storage-to-VRE ratio

0.6 h per MW of wind and solar (2026)

If VRE grows faster than storage, curtailment and price cannibalisation risk increase.

Renewable drought exposure

Interval data not yet connected

This section will compare rolling 72-hour renewable output shortfalls against available BESS energy once interval generation data is wired in.

Renewable drought exposure compares rolling low-renewable output against available BESS energy (placeholder until interval data is wired).

Assumptions

  • Default shortage duration: 10 hours
  • Wind and solar firm contribution: 0 MW (nameplate excluded from firm capacity unless ELCC is added later)
  • BESS is energy-limited and duration-adjusted at the assumed shortage duration
  • Gas, hydro and liquid fuels are treated as fully dispatchable
  • New pipeline capacity is risk-weighted by project status
  • Peak demand uses AEMO 2024 ISP Step Change scenario
  • Results are indicative investment signals, not market forecasts