. Our engagement program to date and at this time, is to build confidence that the decision where best to connect VNI West into WRL has taken into account key technical, economic, social and environmental considerations to the extent possible at this RIT-T stage. We recognise the vital role that stakeholders, including Traditional Owners, community and landowners, have in the planning and delivery of major transmission infrastructure projects. The key difference between a switching station and substation is that a power transformer is not installed at the switching station. This work is part of the RIT-T framework for VNI West. If the income from a trust is fully distributed it is taxed in the hands of the recipient at their tax rate. 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. A power transformer is used to change the higher voltage to lower voltage. The display of the interval meter is programmed to show the date and time (in Eastern Standard Time as required by the National Electricity Rules) as well as the total kilowatt hours (kWh). We are investigating potential VNI West connection locations along the proposed WRL route west of the currently proposed terminal station, including areas around Bulgana (Wotjobaluk Country) and Waubra/Lexton (Djaara Country). Transgrid and the Australian Energy Market Operator Victorian Planning (AVP) are progressing a joint Regulatory Investment Test for Transmission (RIT-T) to assess the technical and economic viability of expanding the transmission interconnector capacity between Victoria and New South Wales. [2][3] In September 2016 the New South Wales Government instead accepted a bid from an Australian-based consortium of AustralianSuper and IFM Investors, for a sum of $16 billion.[4]. Ausgrid revised regulatory proposal - Attachment 9.02 5 the types of transmission system assets that are directly attributable to each category of prescribed transmission services; and those parts of a proposed transmission pricing methodology, or the information accompanying it that will not be publicly disclosed without the consent of the TNSP. This means you can have different electricity rates for usage at different times of the day, depending on the tariff you sign up to with your electricity retailer. We translate those revenue differences to ebitda, earnings before interest, tax & depreciation, the prime metric in utility profit estimation as follows: To recap, Ausgrid appealed to the Australian Competition Tribunal[ACT] and the ACT essentially found in favour of Ausgrid on the three major grounds of appeal. We think there is sufficient unhappiness at where things are that the Review Panels recommendations for a new body will in time be revisited. Private landowners are compensated for hosting the easement in accordance with the NSW Governments Land Acquisition. The licence is subject to additional conditions as provided for by the Electricity Supply Act 1995 and the regulations under it. 3 0 obj This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Explain to stakeholders the basis on which the preferred option has been selected. The PADR and its attachments, and the July 2022 Project Update, can be accessed below in theResources section. Waubra/Lexton option: a new 500kV line connecting WRL at a new terminal station (TS) near Waubra/Lexton to Project Energy Connect (PEC); plus, a potential variation of an additional 500kV spur to Bulgana (i.e. Implementing our Reconciliation Action Plan contributes to creating a more equitable future. Ausgrid has a selection of tariff options for energy customers in New South Wales, each of which outline different connection charges and metering for homes and businesses. Videos of the presentation can be viewed below, with copies of the slide pack available in the Resources section below. The financial implications of any potential move of the connection location needs to be carefully balanced with the issues raised by local communities. If you live on the central-east coast of New South Wales, your electricity distributor will be Ausgrid. Ausgrid undertook the rapid replacement of its fleet of vehicles. We are committed to working with Traditional Owners, stakeholders, communities, and landholders to build our understanding of the local context and listen to interests and concerns as we develop and refine transmission line route options and Victorian terminal station locations. AVP and Transgrid are committed to working with industry, government, investors, consumers, Traditional Owners, communities and landholders on this project as we work to secure and shape Australias energy future in the long-term interests of consumers. If you are looking to organise a new power connection, the first thing you will need to do is ensure the property is situated within the Ausgrid network. That review had recommended that a separate body to the ACT should be formed since there was wide spread feeling that the ACT review process had been frankly too legal and too one sided. Interval meters are all electronic. This regulatory process ensures energy users avoid paying more than necessary for electricity through the transition to net zero emissions. Private landowners are compensated for hosting the easement in accordance with the NSW Governments Land Acquisition. Transgrid runs over 13,000 kilometres of transmission wires in . Transgrid's network also connects to 20 direct connect customers, including the four distribution businesses: Endeavour Energy, Ausgrid, Evoenergy, and Essential Energy. While the assessment involves evaluating the technical and economic feasibility of a new transmission line, environmental, social and cultural matters may also be considered to the extent that they are relevant to this analysis. Any difference between the reference price . Please note our new section,Energy Markets,which will include analysis from Leitch on the energy markets and broader energy issues. Transgrid and AVP recently held online information sessions on 10 August 2022 and 25 August 2022 to provide an overview of the VNI West PADR. This means you are charged the same amount for the electricity you use, regardless of when you use it. Stay up to date. In December 2019, Transgrid and AVP published the Project Specification Consultation Report (PSCR) for VNI West. 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. The PADR submission phase is designed to receive feedback from stakeholders, including community, on the proposed preferred option. endobj Major decisions, such as the location of the VNI West connection to WRL, consider engineering and economic factors. Transgrids recent commitment to the Project Energy Connect enhanced 500 kV investment between Dinawan and Wagga, which has been supported by the Federal Government, the announced earlier closure date of Yallourn Power Station, EnergyAustralias announced Jeeralang Battery in Victoria, Inform stakeholders of the investment need and proposed optionsto address it, Test the market for alternative and more efficient solutions. Transgrid is the manager and operator of the high voltage electricity transmission network in New South Wales and the Australian Capital Territory, Australia, and is part of the National Electricity Market (NEM). Sad that our essential services have been become the plaything of corporate interests and so much is wasted legal and financial arguments of how to share the spoils as opposed to reducing greenhouse gas emissions and supplying power. Our work to assess other potential locations is the result of this consultation process, and engagement with key local community representatives in the regions that may ultimately host the VNI West transmission lines. The primary options being considered include: 1. @ Copyright RenewEconomy 2020. Transgrid and AVP received 26 submissions during the PADR submission period (29 July 9 September 2022). The network operates primarily at voltage levels of 500 kV, 330 kV, 220 kV and 132 kV. The proposed expansion will address transmission network limitations. 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. install a solar PV system at your property. A dependable partner to millions of Australians, were the backbone that energy suppliers rely on. Transgrid and AEMO Victorian Planning (AVP) have today published the Project Assessment Draft Report (PADR) for the Victoria New South Wales Interconnector (VNI) West project as part of the Regulatory Investment Test for Transmission (RIT-T) process. Ausgrid was wholly owned by the Government of New South Wales from 2011 to 2016. If you live outside of these areas, your distributor will be either Essential Energy or Endeavour Energy, depending on your location. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> As always, check all details of any plan directly with the retailer before making a purchase decision. Licence granted to the Ausgrid Operator Partnership, Licence - to be read in conjunction with the below variations, Minister's variation - Signed by the Minister on 4 December 2017, Minister's variation - Signed by the Minister on 5 February 2019, Minister's variation - Signed by the Minister on 23 September 2022. Refer to the product fact sheet (or relevant similar documentation) before making any purchase decision. Electronic accumulation meters have a digital display. Ausgrid, Endeavour Energy, Essential Energy and Transgrid (Network Operators) each hold an operating licence. 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. endobj difference to bushfire risk between overground and underground transmission lines and no significant difference to operational costs. Should the project pass the RIT-T by demonstrating it would deliver the greatest net market benefits, it can progress to the next stage Initial Works - which include route identification, planning and approvals processes. Try selling that to politicians or Joe Public. 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. 5 0 obj We need to progress VNI West urgently so that it is operational by the time its most needed. We are currently consulting with 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. Reliability and performance licence conditions, Transmission reliability and performance standard. Western Renewables Link is a critical network upgrade to provide additional capacity to the Western Victoria REZ. As always, check all details of any plan directly with the retailer before making a purchase decision. Customers in the Parramatta, Penrith, Lithgow, Richmond, Wollongong, Moss Vale or Nowra regions are connected on theEndeavour Energy network, while customers west of Bathurst and Goulburn, south of Batemans Bay and north of Dungog are connected to theEssential Energy network. There are also four gas distributors in the state. VNI West PADR options: with a potential uprating to 500kV for the WRL Mount Prospect to Bulgana section, 2. There are typically three different types of meters. 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. Key learnings from previous projects are also informing the development of consultation plans. The difference per year between what Ausgrid wanted going forward (green line) and what the . title: "" endobj Here are the EnergyAustralia plans on our database for NSW. A dependable partner to millions of Australians, were the backbone that energy suppliers rely on. 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. We are responsible for reading your meter and sending the data to your electricity retailer. Since the 1950's, our network has developed to meet the growing needs of energy consumers. delay: { hide: 300 }, Each meter records and displays the information differently. 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. 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. Ausgrid is an electricity distributor, which means it is responsible for building and maintaining the wires, transformers, substations and low-voltage poles that bring energy to your home. To operational costs risk between overground and underground transmission lines and no significant difference to bushfire between... 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