With summer 2019-20 fast approaching, we’ll use the refresher on the two core components of risk (probability and consequence) to unpick what the real issue is with respect to concerns about overheating electricity supplies this summer, especially in the Victorian region.
security of supply
The two emergency generators provide first power to the South Australian grid.
Load shedding in South Australia on Wednesday 8 February and successive ‘close shaves’ in NSW and Queensland as the heatwave spread north have exposed serious weaknesses in the national electricity market (NEM).
Putting another cat amongst the pigeons, energy sector unions at Loy Yang A have announced Industrial Action at the station over Christmas.
Our Managing Director spoke at the “Australian Energy & Utility Summit 08” in
Sydney on Tuesday 22nd July 2008, touching on a number of issues including the Emissions Trading System and the possible emergence of a NEM heavily dependent on gas
supplies, which might be unreliable.