July 20, 2022

‘If you will it, Dude, it is no dream’: AEMO's 2022 Integrated System Plan

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‘If you will it, Dude, it is no dream’: AEMO's 2022 Integrated System Plan

Your intrepid hosts dig into the 2022 Integrated System Plan from the Australian Energy Market Operator.

In this episode your intrepid hosts recap listener feedback say WHAAAAT! While basking in the glow of our dear listeners – proving both their existence AND interest in our musings – we:

  • do a combined shout out to Laura Hamilton O'Hara at Living Future Institute of Australia for letting us know their Declare Material transparency label has recently expanded to include embodied carbon, as well as the team at NABERS and GBCA who are leading some important work for governments on embodied carbon in the buildings sector
  • celebrate IRENA finally releasing Part I of their Hydrogen paper series (Trade outlook for 2050 and way forward). We remain mystified by the rationale for releasing Part I after Parts II and III, but absolutely claim credit for the release of Part I within 24 hrs of our hydrogen carriers episode going live!
  • and while we're on claiming credit for things, in perhaps our last Gas Substitution Roadmap Corner for a bit, we can only assume our keen interest in this paper's whereabouts drove the Victorian Government's decision to release their roadmap ahead of the state election in November. While there are whispers of a major update next year, for now we will pore over the current version.

Want your hot take featured in the next round of follow up? You're in luck! Send your comments, questions (and reports you think we should cover on the show) to mailbag@letmesumup.net and we'll see what we can do.

With all family business settled, we turn our attention to our whizz bang report for this week….. AEMO's 2022 Integrated System Plan (ISP)! So much to unpack. Guess you’ll have to listen to find out what we think ;-)

Tennant's One More Thing (apart from a plea to Katharine Murphy and David Speers to plug the pod) is trilogues! Taking place in the EU (Council, Commission, Parliament) to resolve how to implement their ambitious Fit for 55 legislation, including expanding ETS (will it include transport and heating of buildings?) and Tennant’s favourite topic, the carbon border adjustment mechanism (CBAM) and whether hydrogen will be in or out. Complex? Yes. Fascinating? For sure!

Frankie's One More Thing is the hotly anticipated legislation that will give effect to the Federal Government’s target to reduce emissions by 43% on 2005 levels by 2030. Will the Greens vote in support? Will Labor build a floor not a ceiling? Will the future of coal and gas projects feature in the debate? See two longform interviews with Adam Bandt here and here for some insights and stay tuned!

Luke's One More Thing (apart from usurping Frankie’s with the Victorian Opposition’s gauntlet throw down to legislate a net zero by 2050 target for Victoria if elected) is a bit of shameless self promotion for his other work-related pod, First Fuel. For any listeners interested in Luke and Frankie’s German adventures on a recent energy efficiency delegation, you can hear Part I of the wrap on the delegation from Luke, Frankie and ‘rando ring-in’ Carlos Flores, Director of NABERS right here. (We love Carlos, a dear friend of the pod).

See you next time! Please keep tweeting your thoughts and suggestions for new papers to us at @LukeMenzel, @TennantReed and @FrankieMuskovic

On our next episode we will be chatting about the other blockbuster government report on gas in Victoria, Infrastructure Victoria's Towards 2050: Gas infrastructure in a net-zero emissions economy. Didn't see that coming, did you? Blame this bloke.