As Australia drives towards 24 per cent renewable energy generation this year and up to 50 per cent by 2030, the challenge of managing evolving risks becoming more urgent. We expect to see even more gas turbines modified or upgraded to cater for this change in the generation mix. New gas turbine technology coming to market is increasing resilience by allowing existing turbines to be operated in peaking mode, cycling mode and fast starting mode.
Within the expected design life of the solar farm, there is a 20 per cent chance of it being hit by a cyclone that would cause significant damage to the solar panels. Standardised cyclone testing and national standards for all types of panels and installation configurations needs to be implemented.
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Australia’s energy future is one of the most important issues facing our government and business leaders. Short-term attention has focused on the need to avoid blackouts, which in-turn has translated into pressure to continue to operate ageing assets...
Alinta Energy CEO Jeff Dimery suggests Australians should prepare themselves for a long, hot summer with intermittent blackouts as the nation’s east coast energy crisis is set to continue over the coming months.
The Australian Financial Review in partnership with FM Global recently hosted a round table to discuss the future of the nation’s energy and the evolving challenges confronting governments and business.