Eastern Australia warned ‘urgent investment’ in energy needed as risk of summer power outages rises

Eastern Australia requires “imminent and urgent investment” in energy to bolster the reliability of the electricity grid, the Australian Energy Market Operator says, as it warns of the risk of outages in Victoria andThe challenges are detailed in an Aemo report, released on Thursday, which says the grid may come under strain even with 3.4 gigawatts of new generation and storage capacity added to the national electricity market compared with last summer.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup The past three summers have been dominated by La Niña weather patterns that brought more rainfall and fewer heatwaves. Energy users may play a bigger role in reducing grid risks, the report says, with those volunteering to power down projected to rise by more than a third for the coming year.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fintech Know-it has sights set on Australian SME marketCombining credit checks, payment chasing and debt collection, the Scottish fintech claims its technology can help small businesses get a better handle on their cash flow and better manage their credit risk.
Source: brisbanetimes - 🏆 13. / 67 Read more »