End of Asset Life – Solar Panels
The Australian Renewable Energy Agency (ARENA) has awarded $15 million1 funding into research for solar PV panels and to support end of life initiatives for the decommissioning of these panels.
Assets Underground
All power transmission companies seek to provide high quality electricity to their customers at the lowest possible price. In order to be able to support this service, a well-maintained, efficiently operated and reliable network is essential. This is achieved through asset management, as, at its core, when aligned with the nature and value of an organisation, stakeholder engagement, and business objectives, asset management links operability with revenue.
Big Battery Assets
The energy sector is undergoing incredible changes. Over the past few years, there has been a shift to move away from coal-fired energy generation, in light of the growing concern with greenhouse gas emissions and its effect on the climate. With the closure of coal-fired energy plants, and new renewable energy sources popping up around the landscape, energy companies are finding a need to repurpose aging assets.
Permits granted for Victorian Gas Exploration
Off-shore gas exploration in Victoria’s south west coast is going ahead, with two energy companies, Beach Energy and Bridgeport Energy being awarded permits to search for new gas.
Power Works signals Queensland’s COVID Recovery Phase
The recommencement of critical infrastructure in Queensland sends a powerful signal to the state’s residents of its recovery phase, following on from COVID-19. Powerlink’s decision to recommence the $67 million works across three key projects will support the creation of around 150 jobs1.
Asset Management in a Changing Energy Sector
The energy sector is undergoing rapid change. For those working in the sector, keeping up to date with knowledge in order to help the business build value from effective asset management.
With renewable energy options becoming more the norm, and the brown coal-fired plants of old being disused and repurposed, it is timely to re-establish standards and protocols in systems, operation, and management. Bring in new frameworks to ensure system security and efficient capacity, and coordinate new forecasting to anticipate restraints in service and enhanced intelligence surrounding decision-making tools.
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