WA shows the rest of Australia the benefits of getting VPPs right
AEMO’s 2024 WEM Electricity Statement of Opportunities forecasts a capacity surplus in Western Australia until 2028-29, driven by high VPP participation and delayed coal retirements. However, potential supply gaps are expected from 2031 as ageing gas and coal plants exit, requiring timely delivery of new generation, storage, and transmission to meet rising electrification demand.