Renewable Energy Zones in Australia: Integrated System Planning

The energy landscape in australia is undergoing a rapid and disruptive change. An aging fleet of coalfired power stations, coupled with the declining costs of renewable energy and storage, has culminated in strong investor interest in renewable resources. The establishment of renewable energy zones (REZs) and their robust integration into the existing transmission network have the potential to align this investor interest with government policy and consumer values. In this article, we show how REZs can be optimally established in Australia to maximize value across the energy supply chain.