Major decisions, such as the location of the VNI West connection to WRL, consider engineering and economic factors. However, having paid our $50 to get a copy of the AERs filing of 24 March, we now think they may have more of a chance. The proposed expansion will address transmission network limitations. This can be done through the postcode checker on the Ausgrid website. It is recommended that you engage with an electrical professional when making your application to assist in picking the right connection design for you. Integrating sustainability principles across our operations helps to protect our communities. A recent study commissioned by a collaborative Steering Committee on Transgrids HumeLink project noted that undergrounding of HumeLink would triple the project cost and add a further five years to the construction timeline. While undergrounding the entirety of VNI West is not viewed as a realistic option given the cost and timeframe implications, short sections of undergrounding might be considered in exceptional circumstances as part of the ultimate route design. We have worked to build connections with stakeholders, including councils, to ensure that we are communicating information regularly and sharing important details as early as possible. We are responsible for reading your meter and sending the data to your electricity retailer. Implementing our Reconciliation Action Plan contributes to creating a more equitable future. Private landowners are compensated for hosting the easement in accordance with the NSW Governments Land Acquisition. Please note our new section,Energy Markets,which will include analysis from Leitch on the energy markets and broader energy issues. The difference in revenue between TransGrid's revised proposal and our final decision is mostly driven by our forecast of capital expenditure (capex). VNI will help lower the cost of wholesale electricity across the National Electricity Market. The route selection study process will involve taking the broad project area of interest established through the RIT-T process, and narrowing this down and refining based on more detailed consideration of technical, environmental, social and cultural constraints, as well as Traditional Owner, community and stakeholder landholder feedback. SGC was likely to have paid a higher price than anyone else. Ausgrid chief executive Richard Gross is to step down just as pressure on the NSW electricity distributor's management is mounting over industrial action and an upheaval looms in the ownership . The electricity network and transmission lines in NSW are owned by Transgrid a privately owned company. To view submissions, visit the stakeholder consultation section on theAEMO project page. 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. The statutory obligations relevant to network operators and our role as the regulator are governed by a number of regulatory instruments. To our knowledge, all information in articles on the Canstar Blue website was correct at the time of publication. Not all network operators are subject to the same obligations. Ausgrid has a live feed ofpower outages available on its website, along with a map that indicates where these outages are. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. . This means that Ausgrid is the distribution network for households and businesses in Cronulla, Newcastle, the Hunter region, Nelson Bay and parts of Sydney. It applies to each network operator from the date it was transacted. container:'body', AusNet continues to investigate WRL project alternatives as part of the Environment Effects Statement (EES) and to evaluate the impact that any proposal to relocate the terminal station may have on the WRL project. Strengthening the grid to deliver affordable, reliable and clean energy to customers. The non-confidential submissions are available to read on the AEMO website. upgrade WRL from near Waubra to Bulgana). [10], Brett Redman Chief Executive Officer[12], Craig Stallan - Executive Manager Works Delivery, Kasia Kulbacka - Executive Manager Network Planning & Operations, Chris Pemberton Executive Manager Corporate Services, Richard Lowe - Chief Executive Officer - Lumea, Brian Salter - Executive Manager Legal Governance & Risk, Eva Hanly Executive Manager of Strategy, Innovation & Technology, Jeff Forrest Chief Financial Officer (Acting). It consists of a structure supporting conductors in the air, which are located at a safe distance from the ground. As a result the regulator decided to cut Ausgrids 2014-2019 revenues by an eyebrow raising 40% compared to what Ausgrid was looking for. This information may have changed over time. For example, for the VNI West RIT-T, high-level land planning and environment constraints mapping is being applied to inform the credibility and feasibility of the broad areas of interest under consideration and the potential risks to cost and delivery times. Like the Transgrid process before it, the State would retain the legal ownership of Ausgrid's network assets. 3 0 obj SGC owns 19.9% of listed stapled security Ausnet. 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. This consultation will focus on Traditional Owners and communities that are potentially impacted by the alternative connection location of VNI West into WRL so we can be confident we understand all the local factors before making any decision. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. <> Transmission lines transport electricity at high voltages primarily to minimise energy losses. Hong Kongs Cheung Kong Infrastructure (CKI) and State Grid of China [SGC] already own considerable utility infrastructure in Australia, and CKI in particular has an excellent reputation as an operator. These are products from a referral partner. u jP^DDbS'I=4V8w=y.rAH|g\BV|}riCQM=lB]i9[ooT,#m>9zU]-ui.ndfE{zGXp(E66F)-i5[|]~}KnE^Vc"+T^!wUSs~U~^@~a,X4:!Z/GX5RkW 93{*J^K#J,4`4#d'dmF^p&wzOk3giZe:! The key difference between a switching station and substation is that a power transformer is not installed at the switching station. A six week period of public feedback followed the PADR publication, which closed on 9 September 2022. ESCO Pacific on track to achieve 1GW development goal, A unique mix of opportunities and challenges for solar energy, How this Aussie-made technology is smashing the solar ceiling, ACT claims highest home battery density in Australia, as rebate scheme winds up, Jinko Solar unveils second generation Tiger Neo solar panels, Polestar EV battery packs now powering Candela electric hydrofoil boats, Used Tesla listings reach all-time high in Australia as price cuts take effect, Hertz and Uber ramp up electrification efforts in Europe with 25,000 EVs. EnergyConnect is a critical project that will lower power bills for homes and businesses. <> The PSCR seeks feedback and advice on the identified need for new transmission infrastructure. We are collaborating with local governments, Traditional Owners, Registered Aboriginal Parties, the Australian Energy Infrastructure Commission, and other key representative organisations to inform and guide our engagement activities and to build broader community awareness of the project. We recognise the vital role that stakeholders, including Traditional Owners, community and landowners, have in the planning and delivery of major transmission infrastructure projects. VNI West will be critical in the development of additional renewable generation in western Victoria and southwestern New South Wales, as the NEM transitions to low-emission generation technologies such as wind and solar. We are currently consulting with communities that may be potentially impacted by the alternative connection location of VNI West into WRL so we can be confident we understand all the local factors before making any decision. Ausgrid's real revenues increased 150% between 2005 and 2012 and increased 66% between 2010 and 2013. There are also four gas distributors in the state. Bulgana option: a new 500kV line connecting WRL at a new TS near Bulgana to PEC; OR a new 500 kV line connecting WRL at a new TS near Bulgana to PEC, via a new TS near Bendigo and a TS station near Kerang. Please see the review page for details of the review. In 2015, the Government announced that Ausgrid, Endeavour Energy, and Transgrid would be fully or partially leased to private operators: Transgrid operates the major high voltage electricity transmission network in NSW and the ACT, and is part of the National Electricity Market (NEM). . Ausgrid, Endeavour Energy, Essential Energy and Transgrid (Network Operators) each hold an operating licence. AVP and Transgrid have received feedback during the RIT-T process to consider undergrounding of transmission lines to mitigate specific impacts including visual amenity and bushfire risk. Copyright 2023 Canstar Blue Pty Ltd ACN 142 285 434 All Rights Reserved, facebook The AER didnt accept the ACTs decision and has appealed it to the Federal Court with the hearings to be held in October. We focus on making services affordable, prioritising safety, and delivering for our customers. The whole appeal process was entirely opposite to the spirit of better regulation and contrary to recommendations of a review of the appeals process. Alternatively, you can call Ausgrid at any time on 13 13 88. A power transformer is used to change the higher voltage to lower voltage. They help us to ensure electricity is reliably transmitted across NSW and the ACT, and allow us to immediately respond to faulty transmission lines, substations and/or switching stations. Our approach centres on transparency, accessibility, inclusiveness and communication. Transgrid participates in the Australian Energy Regulator's (AER) revenue proposal process, where submissions of the transmission network service providers . If you have any questions, comments or need further information, we'd be happy to hear from you. We acknowledge the traditional owners of this land and pay respect to Elders, past, present and emerging. Network congestion is increasing in some areas of New South Wales and Victoria, and the systems reliance on the balancing benefits of interconnection between regions is also increasing. And also note ourlive generation widget,and theAPVI solar contribution. <> 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. Accumulation meters can be electronic or electro-mechanical. endobj [7], In 2020, OMERS acquired a 19.99% stake in Transgrid from Wren House Infrastructure Management, which is part of the state-owned Kuwait Investment Authority.[8]. 8 0 obj Metering systems located at customer connection points in the network, usually at substations, record the amount of power being transmitted at that point and charge the customer accordingly. In this event, the most recent standard shall prevail. [5] The consortium consists of two Australian entitiesSpark Infrastructure (15%), the Utilities Trust of Australia fund (20%) together with the Canadian pension fund Caisse de depot et placement du Quebec (25%) and two Middle Eastern sovereign wealth fundsthe Abu Dhabi Investment Authority (20%) and the Kuwait Investment Authority (20%). endstream 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. In response, AVP and Transgrid are investigating alternative locations in the Waubra/Lexton or Bulgana areas for connection of VNI West, which would still run via a terminal station in the area of Kerang. Western Renewables Link is a critical network upgrade to provide additional capacity to the Western Victoria REZ. 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. Here are the Origin Energy plans on our database for NSW. Once this is complete, youll need to lodge a request for a connection and define the electrical requirements of your property. Try selling that to politicians or Joe Public. 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. In essence we think that offshore buyers may pay significantly less tax than Australian buyers. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. VNI West will harness cleaner, cheaper electricity from existing and future renewable energy zones in New South Wales and Victoria, significantly boosting the ability to share energy between states and unlock the full potential of Snowy 2.0s deep energy storage. We are currently undertaking this work and its likely a decision will be made early in 2023, following further consultation. Its fair to say, in our view, that CKIs Australian assets have been the most efficiently run in the NEM, as judged by the AER. Due to these timeframes, and the long lead times of transmission projects, AEMO Victorian Planning (AVP) and Transgrid (the network planner in New South Wales) are progressing a joint RIT-T for VNI West, and endeavouring to complete this process in early 2023. You can also contact this distributor to request a pole inspection, tree trimming or to receive historic data from your meter. Trevor Armstrong (COO), New England County Council (New England Electricity), North West County Council (North West Electricity), Northern Riverina County Council (Northern Riverina Electricity), Northern Rivers County Council (Northern Rivers Electricity), Peel-Cunningham County Council (PCCC Electricity), Shortland County Council (Shortland Electricity), Southern Mitchell County Council (Southern Mitchell Electricity), Southern Riverina County Council (Southern Riverina Electricity), Southern Tablelands County Council (Southern Tablelands Electricity), This page was last edited on 20 September 2022, at 13:11. The financial implications of any potential move of the connection location needs to be carefully balanced with the issues raised by local communities. trigger: "onclick hover", There are four stages of electricity supply in New South Wales generation, transmission, distribution and retail. Ausgrid, Evoenergy, and Essential Energy. Any difference between the reference price . We have never heard any criticism of its interests in regard to national security. AVP and Transgrid sought and encouraged feedback from stakeholders via submissions and consultations on the Project Assessment Draft Report (PADR), which was published in July 2022. 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. To connect your home or business to the electricity grid, If you find any electricity faults that are not related to the network, To report a safety concern such as a fallen powerline, To discuss changing energy plans or retailers, To get permission to relocate network assets (i.e. This is why we are taking this step of consulting with potentially impacted communities so we can be confident we understand all the local factors before making any decision. The RIT-T is a formal consultation process designed to: The RIT-T consultation process has three stages: Submissions on theProject Specification Consultation Reportclosed on 13 March 2020. Although VNI West will not be delivered under the VTIF, VicGrid has indicated that the principles detailed within the framework should be incorporated into the various phases of the project where possible. Our database may not cover all deals in your area. In the case of Ausgrid, the network assets would then be leased to an entity or entities in which the private sector bidders would hold a 50.4% equity interest.1 The State would retain a 49.6% equity interest in the lessee entity or . All networks operators with assets in NSW are subject to at least some provisions of the following instruments: Electricity Supply (General) Regulation 2014, Electricity Supply (Safety and Network Management) Regulation 2014. The traditional owners of this Land and pay respect to Elders, past, present emerging! In 2023, following further consultation Markets, which closed on 9 September 2022 electricity high. Contrary to recommendations of a structure supporting conductors in the air, which are located a... Seeks feedback and advice on the energy Markets and broader energy issues an operating licence security., past, present and emerging western Renewables Link is a critical project that will power! 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