Offshore wind development in Australia - ingredients and spices
The Melbourne Energy Institute invites you to its third seminar in the Powering the Future series, presented by Dr. Daniel Machado from Iberdrola.
Australia’s offshore wind sector continues to develop, driven by strong wind resources, energy and decarbonisation targets, with a need to firm the electricity grid increasingly supplied by variable renewables. Nonetheless, uncertainty remains on a series of aspects for the sector. This seminar will outline progress made to date, highlighting key “ingredients” and “spices” on the outlook for the sector.
Key factors for delivery will include a bankable revenue framework (for example, auctions or long-term offtake), clarity on transmission and connection infrastructure, maturing environmental, planning and regulatory approval pathways, and integration of global and local supply chains and skilled labour.
Risk management and how to approach uncertainties will continue to differentiate projects as these progress through feasibility to future stage in the project life cycle. Consideration of Australian conditions and market is imperative, while translating technology and learnings from more mature offshore wind markets in the ever-evolving global context. With all this, is there a recipe for success?
Event type: Hybrid (in-person and online)
