3BA general manager John Fitzgibbon said the annual spectacular was still planned for Monday night, despite yesterday's second fire on the lake in 24 days.

Mr Fitzgibbon held talks yesterday with the Country Fire Authority and Ballarat City Council to review the Skyworks display.

We will continue discussions today but at this stage it is still going ahead, Mr Fitzgibbon said.

We've had no indication it won't proceed.

However, he said the CFA and the council's main priority yesterday was bringing the fire under control and carrying out blacking works, so the fireworks issue would be looked at in greater detail today.

This year's display is set to launch from a new site at the finish of the rowing course, next to the Olympic Rings, due to fairy grass on the lake's northern side.

Both fires began on or near Durham Point, on the north side of Lake Wendouree.

The Department of Sustainability and Environment, Ballarat City, CFA and 3BA had already developed a contingency plan for the Skyworks spectacular.

A number of new fireworks from Japan will be incorporated in this year's display, set to music broadcast on 3BA.