Directors’ report (continued) Climate change – emissions
Our approach to bushfire risk reduction includes proactive asset inspections and maintenance, network enhancement and vegetation management. Indemnity and insurance of directors and officers Western Power has entered into a deed of indemnity with each director. The respective deeds provide that: • Western Power indemnifies the director against all liabilities and costs relating to proceedings that are anticipated, threatened or commenced against the director in relation to matters arising in the course of the director acting in connection with the affairs of Western Power, or otherwise concerning the director holding office as a director of Western Power • the indemnity does not extend to claims against the director by Western Power or a subsidiary, or to any liability or claim arising out of conduct involving a lack of good faith. Western Power holds a directors’ and officers’ liability insurance policy. Subject to the applicable terms and conditions, the policy will pay to or on behalf of an insured person, or reimburse Western Power for any loss paid to an insured person, in relation to a claim or claims made against them jointly or severally during the period of insurance by reason of any wrongful act (as defined by the policy) in their capacity as a director or officer of Western Power. For the reporting year ended 30 June 2025, no successful claims were made against the directors’ and officers’ component of the policy. External auditor In accordance with section 145 of the GTE Act, Western Power’s financial report for a financial year must be audited by the Auditor General. Western Power did not provide indemnity and did not hold an insurance policy for the Auditor General for the year ended 30 June 2025. For more details on auditor remuneration, please refer to note 26 ‘remuneration of auditors’ in the financial statements of this financial report.
Over the past year, Western Power has continued to increase the pace and scale of decarbonisation related activities in response to market shifts to renewable generation, storage and load requirements. Western Power’s network will play a crucial role in achieving emissions targets, including the State Government’s goals of net-zero emissions by 2050 and an interim reduction of 80% of 2020 levels by 2030. Western Power continues its commitment to reducing its own network emissions through several key initiatives: • Reducing thermal energy line losses: transforming the existing network to support large-scale renewable energy generation to enable the retirement of the Government’s coal fired power station fleet • Stand-alone Power Systems: contributing to the decarbonisation of our distribution network • Electric Vehicles: supporting the State Government’s electric vehicle strategy and increasing electric and hybrid vehicles in its fleet, while avoiding over-investment before broad adoption. Western Power’s light passenger fleet now consists of more than 10% electric or hybrid vehicles. • Project Jupiter: continuing the progress made under Project Symphony to orchestrate Distributed Energy Resources ( DERs ) such as rooftop solar panels, in-home batteries, and electric vehicles, into a Virtual Power Point ( VPP ) to address the challenges and opportunities presented by the increasing adoption of these renewable energy sources. Extreme weather events Extreme weather events such as severe storms, bushfire, extended heatwaves and overall hotter, drier conditions impact on customer reliability. Extreme weather events are placing greater demands on network resilience and reliability, leading to higher operational and maintenance costs. As climate change accelerates these challenges, our ability to adapt and mitigate risks becomes even more critical to ensuring the continued delivery of safe and reliable energy to our customers. To address impacts of extreme weather events, Western Power has increased its emphasis on disaster preparedness, and network maintenance, innovation and investment, including integrating new technologies to improve network reliability and resilience, and on-going bushfire management. This includes targeted investment in programs such as undergrounding of the overhead network, Stand-alone Power Systems, and maintaining a comprehensive bushfire mitigation strategy.
Western Power Annual Report 2025
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