Following Australia’s east coast energy crisis, the Minister for Climate Change and Energy announced a faster transition to renewable energy. To meet the government’s goals, Australia is moving at a break-neck pace to transition to renewables, and insurance players are watching closely as new risk patterns emerge.
Property, Energy + Infrastructure partner Edward Burrell and associate Bailey Neate look at the risks facing energy stakeholders, including insurers, as Australian operators in the renewables sector rapidly move from being nascent to operational.