The PADR submission phase is designed to receive feedback from stakeholders, including community, on the proposed preferred option. Discover opportunities for apprentices, graduates and professionals. In December 2019, Transgrid and AVP published the Project Specification Consultation Report (PSCR) for VNI West. AVP and Transgrid are currentlyinvestigating alternative connection points into WRL, looking at an areas around Waubra/Lexton and Bulgana. Learn about our other projects which secure ongoing supply for energy customers. [3], In December 2015, a consortium called NSW Electricity Networks was the successful bidder for a 99-year lease of Transgrid's transmission network[4] for $10.3 billion. endobj The assets are worth more to foreign buyers because: Overseas buyers have a lower cost of capital; Most utility infrastructure is structured as a combination trust/company (stapled security). Before entering the distribution network managed by Ausgrid, Endeavour Energy and Essential Energy, the voltage must be reduced from 132 kV, 220 kV, 330 kV or 500 kV to lower voltages. xn6 R*`3 @plne5QmkKm-I Y)?ji6d|VU>_~-fZnfS)_^oBlB+ETPz88kO0Fc67u[7CG~7\AO<2-OVG#\H 6{}V0\l9G!5B5QllA^HSVYPsm|B#okN"7dnj:[rSCxuYUjZ~3B={"9q#@DR;2zs?pu{0_)1@}JQ`{0Fjz`Yd5{,k(Vop/q"4lDQ`DyIpry0K `zZTA2= VNI West will provide a vital new transmission line to link new renewable generators with the grid and ensure reliable, affordable power as Australia transitions to clean, low-cost renewables. Licence granted to the Endeavour Energy Network Operator Partnership, Licence - to be read in conjunction with below variation. Alternatively, you can call Ausgrid at any time on 13 13 88. Accusations were also made of Ausgrid "gold plating" its business at the expense of consumers to increase the price in privatisation. Some of the benefits of interval meters include more detailed information on your energy use and the opportunity for pricing plans that provide incentives to reduce your demand for electricity during peak times. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. SKI owns 15% of the consortium. For another comparison we can look at what was paid for Transgrid as recently as last year. If the income from a trust is fully distributed it is taxed in the hands of the recipient at their tax rate. The key difference between a switching station and substation is that a power transformer is not installed at the switching station. Here is some general information about when you should and should not contact Ausgrid: Bill-payers living on the New South Wales central-east coast can contact Ausgrid for a number of services including electricity connections, projects and maintenance in the area, pricing and tariff information, rooftop solar installations and faulty connections or outages. This ensures electricity is safely and reliably transmitted to major urban areas. The statutory obligations relevant to network operators and our role as the regulator are governed by a number of regulatory instruments. So right there we can see $2 bn going away. Please see the review page for details of the review. Accumulation meters only keep track of the total electricity usage. We engage with the public to safely manage works that take place near our assets. We have provided links to each network operators licence (and any subsequent variations) below. David Leitch is principal of ITK. A lot of work is currently underway to understand the specific land use and community issues for each of the potential connection points to inform that decision. If you would like to speak to someone at Ausgrid directly, the number you should call depends on what youre after. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. We engage with the public to safely manage works that take place near our assets. trigger: "onclick hover", To view submissions, visit the stakeholder consultation section on theAEMO project page. <> If you have any questions, comments or need further information, we'd be happy to hear from you. This includes opportunities for earlier and deeper engagement with local communities to help better manage impacts and to make the most of regional development opportunities for host communities. Read more about Canstar Blues Fact Checking Process.`, Reduce carbon emissions, and helping achieve state-based renewable energy targets, while continuing to deliver safe, reliable and affordable electricity to consumers. With more than 15 years experience Transgrid Telecommunications manages an extensive fibre optic network covering in excess of 4000km across NSW, the ACT and Victoria. Unfortunately we cannot provide dimensions for older models installed before 2004 due to the existence of a significant number of legacy models. New smart meters are supplied and installed by your retailers appointed provider, any questions surrounding your smart meter should be directed to your retailer. 8 0 obj According to the Ausgrid website, over four million Aussies rely on their energy from this network. The non-confidential submissions are available to read on the AEMO website. For this reason these meters are also known as flat rate meters. To determine a route, a detailed route selection study that considers all technical, environmental, social and Cultural Heritage constraints and opportunities will be undertaken. We have rigorously tested TransGrid's forecast costs to check . There are routine meetings with councils and in the new year, we will be providing more details on further opportunities for stakeholders to share their insights and feedback on VNI West connection locations to WRL. These are products from a referral partner. @ Copyright RenewEconomy 2020. The interconnector upgrade will boost interstate power flows and lower energy bills. If you have not organised your connection within this time, you will need to re-apply for a new contract in order to get connected. We understand the importance of building social licence for transmission projects through the RIT-T process and we are committed to working closely with communities to understand unique, local issues, and consider these issues as early as possible. The RIT-T process is a regulatory process defined in the National Electricity Rules (NER) as limited to determining if a project will deliver positive net market benefits to the National Electricity Market (NEM) as a whole. We acknowledge the traditional owners of this land and pay respect to Elders, past, present and emerging. Transgrids 2021 Transmission Annual Planning Report and AEMOs 2021 Victorian Annual Planning Report have identified the need for additional interconnection to maintain Victorias supply reliability following the withdrawal of further coal-fired generation plants, and EnergyAustralias official advice that the Yallourn Power Station is expected to retire in mid-2028. The value of Ausgrid will swing by billions of dollars depending on the outcome of the AERs appeal to the Federal Court against a very legalistic ACT ruling over 2014-2019 regulated revenues. To our knowledge, all information in articles on the Canstar Blue website was correct at the time of publication. Automation systems, telecommunication systems and metering systems are all part of our digital infrastructure. endobj - Endeavour Energy was partially leased (50.4%) to private operators in June 2017. The residents, after many urgent appeals to Ausgrid's COO Trevor Armstrong and the chairman Roger Massey-Green, had been given no other option to notify local MP's, the media, the Environmental Protection Authority and other authorities to get action against Ausgrid. The reading is then validated and sent to your electricity retailer who calculates your final bill. placement: 'auto', Ausgrid should only be contacted in relation to the electricity supply at your home. All rights reserved. A new 500kV transmission line will carry electricity to customers from new generation sources. The PSCR seeks feedback and advice on the identified need for new transmission infrastructure. % Great story. 5 0 obj . For more info: https://t.co/bZtdLPjc9L. Social and environmental issues are key considerations for a range of community and stakeholders in the assessment of any major infrastructure project, including major transmission projects. for rating of Ausgrid's underground cables and some detail on why this information is required, the information Ausgrid will supply as part of rating Ausgrid assets and a checklist to ensure all aspects of rating an underground are considered. Central West Orana REZ Mt Piper to Wallerawang Transmission Network Project, Connecting VNI West to Western Renewables Link FAQs, 2021 Inputs, Assumptions and Scenarios Report, Project Specification Consultation Report, Report : VNI West PADR market modelling report, Modelling : VNI West PADR RIT-T NPV model, Modelling : VNI West Hydrogen Superpower model, Modelling : VNI West Progressive Change model, VNI West PADR Information Session 1 10 August 2022, Transgrid VNIW Roundtable Report Final June 2022, Victoria New South Wales Interconnector (VNI West), Regulatory Investment Test for Transmission (RIT-T), Preferred option identified for transmission project to share electricity between NSW and Victoria with $687 million in market benefits, Transgrid to help light up the Murray for Moama Lights, Federal funding of $75 million to secure supply and assess energy sharing options between NSW and Victoria. If you lose power, the first thing you should do is use your mobile to look at the Ausgrid website and check whether they are already aware of the issue. Ausgrid has a live feed ofpower outages available on its website, along with a map that indicates where these outages are. Manage shared electricity infrastructure, Report hazard or loss of supply 13 13 88, Electricity supply interruptions 13 20 80, Access Alinta Energy Rewards Shop discounts and benefits, 50% off Mobile when combined with AGL energy. If you are in these areas and would like to know more, please email info@westernrenewableslink.com.au or call 1300 360 795. In February 2023, we will also be publishing a consultation report explaining the proposed preferred option from this additional analysis and inviting further feedback through written submissions prior to concluding the RIT-T. We are and will continue to engage with Traditional Owners and stakeholders to facilitate meaningful input, and clearly explain the rationale and benefits of the project. This means you are charged the same amount for the electricity you use, regardless of when you use it. Interval meters record how much electricity is used every 30 minutes. The diagram below has been provided for illustrative purposes only to provide an indication of the potential broad areas of interest under investigation. The question posed relates specifically to the difference between Ausgrid's reported network component of bills (33.3%) vs. the figure referenced from the 2017 AEMC report (52.8%), and how the two figures can be reconciled. 2 0 obj We focus on making services affordable, prioritising safety, and delivering for our customers. Whether its value for money, new incentives, deals on gas or solar, Kelseigh is keen to help customers put money back in their pockets. Having read the AERs grounds for appeal, we think it would be very foolish to write off the chances of the appeal succeeding. In 2015, the Government announced that Ausgrid, Endeavour Energy, and Transgrid would be fully or partially leased to private operators: difference to bushfire risk between overground and underground transmission lines and no significant difference to operational costs. Transgrid runs over 13,000 kilometres of transmission wires in NSW and the ACT, with connections in Queensland and Victoria as well. That information is then sent to our systems, validated and then sent to your electricity retailer so they can calculate your bill. If not, you can select your property on the map to report an outage. You can find the meter dimensions listed below. Targeted interconnector expansion between these regions would help to address transmission networklimitations,andimprove supply reliability as ageing coal-fired plants retire and access to competitively priced electricity from renewable generators and energy storage becomes critical. Our Community Partnerships Program benefits areas where our assets are located or under development. No decision has been made on where best to connect VNI West into WRL, that will be decided by AVP and Transgrid through the RIT T process following further consultation in the new year. linkedin. Reliability and performance licence conditions - SUPERSEDED, Licence granted to the NSW Electricity Networks Operations Pty Limited, Minister's variation Signed by the Minister on 29 November 2017. We are responsible for reading your meter and sending the data to your electricity retailer. He was formerly a Utility Analyst for leading investment banks over the past 30 years. Important environmental, social, and cultural matters will be assessed in detail and addressed through the subsequent state and federal government environmental and planning assessments and approvals processes to minimise impacts. The AFR reported, via the usually impeccably reliable Street talk column that SGC was expected to bid over $13 bn for the stake. It was formed in 2011 from the previously state-owned energy retailer/distributor, EnergyAustralia, when the retail division of the company . The decision to look at alternative locations for the connection of VNI West to WRL was driven by feedback from the community and stakeholders, with particular concerns in relation to the compatibility of the proposed terminal station location with land use in the Ballarat Bendigo area. A transmission line transmits electricity across vast distances. The safety and welfare of our people, delivery partners, and the broader community is our highest priority. Further project information is available from AVP and Transgrid through the contact details below. Transgrid operates the major high voltage electricity transmission network in NSW and the ACT, and is part of the National Electricity Market (NEM). Transgrid participates in the Australian Energy Regulator's (AER) revenue proposal process, where submissions of the transmission network service providers . youtube One of the key issues identified through the submissions and engagement was the proposal to connect VNI West to the Western Renewables Link (WRL) at the proposed terminal station at Mount Prospect, and its compatibility with land use between Ballarat and Bendigo. Feedback from face-to-face and virtual meetings with stakeholders, including councils and local communities, on the PADR has seen 26 written submissions received from a broad range of stakeholders. [2] Initial bidding was won by a consortium of State Grid Corporation of China and Cheung Kong Infrastructure Holdings. Electronic accumulation meters have a digital display. On 11 August 2016 the Federal Government intervened to block the proposal, citing national security concerns regarding foreign ownership of critical infrastructure. Not all network operators are subject to the same obligations. Timing on the route selection process will be shared with stakeholders and community when known. The AER didnt accept the ACTs decision and has appealed it to the Federal Court with the hearings to be held in October. [1] It was formed in 2011 from the previously state-owned energy retailer/distributor, EnergyAustralia, when the retail division of the company, along with the EnergyAustralia brand, was sold by the Government of New South Wales, and the remainder renamed Ausgrid. Transgrid . This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Transgrid participates in the Australian Energy Regulator's (AER) revenue proposal process, where submissions of the transmission network service providers (TNSP), the AER and other interested parties are used to set the maximum allowable revenue (MAR) for the TNSPs for a five-year period. Projects such as VNI West represent once-in-a-generation opportunities to shape the NSW and Victorian transmission network in a way that delivers the best possible value to electricity customers over the long term. Wednesday 10 August 2022 information session, Thursday 25 August 2022 information session. Since the 1950's, our network has developed to meet the growing needs of energy consumers. AVP and Transgrid have already commenced engagement with a number of Traditional Owner groups and other key regional stakeholders, including councils and community groups through the RIT-T process to build understanding of unique, local issues. Concerned? AusNet has and continues to investigate project alternatives as part of the EES. Videos of the presentation can be viewed below, with copies of the slide pack available in the Resources section below. It will harness clean, low-cost electricity from existing and future renewable energy zones (REZs) in New South Wales and Victoria (Murray River REZ and Western Victoria REZ), significantly boosting the ability to share energy between states and increase access to Snowy 2.0s deep energy storage. stream While generators are required to provide adequate notice before decommissioning, there are risks that a substantial plant failure, loss of significant revenue or force majeure events could cause an early or unexpected plant retirement. To best find out what tariff you should sign up to, you may need to visit Ausgrids Network Prices page. Below we have listed some of the important information about Ausgrid. Our database may not cover all deals in your area. Ausgrid is an electricity distribution company which owns, maintains and operates the electrical networks supplying 1.8 million customers servicing more than 4 million people in Sydney, the Central Coast and Hunter regions of New South Wales, Australia. Here are some of the cheapest published deals from the retailers on our database that include a link to the retailers website for further details. Preferred option products in our database that may be available every 30 minutes not installed the... Transgrid & # x27 ; s forecast costs to check read the AERs grounds for appeal, think... Focus on making services affordable, prioritising safety, and delivering for our customers website, along a... Going away ; s forecast costs to check you use, regardless of when you use, regardless when... Security concerns regarding foreign ownership of critical infrastructure is our highest priority viewed below, copies. Of transmission wires in NSW and the broader community is our highest.! 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Program benefits areas where our assets are located or under development and Transgrid through the contact details below can Ausgrid...
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