So right there we can see $2 bn going away. 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. Explain to stakeholders the basis on which the preferred option has been selected. Well-targeted and timely investment in the transmission network is therefore required to keep pace with these changes and provide consumers with the most cost-effective energy outcomes while maintaining reliability and security. It is recommended that you engage with an electrical professional when making your application to assist in picking the right connection design for you. On Thursday, the Australian Government, announced that neither State Grid of China nor Cheung Kong Infrastructure would be allowed to bid for the 50.4 per cent of Ausgrid that the State Govt of NSW is selling unless they could address certain concerns. Our approach centres on transparency, accessibility, inclusiveness and communication. Ausgrid owns and operates a shared electricity network that powers the homes and businesses of Further project information is available from AVP and Transgrid through the contact details below. Like the Transgrid process before it, the State would retain the legal ownership of Ausgrid's network assets. Jemena was recently allowed to win, a very out of the money, bid to build a pipe to bring gas from the Northern Territory to Eastern Australia. If you are on the Ausgrid network, it may pay to keep these details handy for the next time you have an outage or power supply issues. AusNet Services has been contracted by AEMO to delivery WRL and has been notified of our current VNI West investigation. 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. Accumulation meters can be electronic or electro-mechanical. <>>> 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. We pay respect to the Traditional Custodians and First Nations peoples of NSW, and acknowledge their continued connection to their country and culture. To determine a route, a detailed route selection study that considers all technical, environmental, social and Cultural Heritage constraints and opportunities will be undertaken. 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. Ausgrid, Endeavour Energy, Essential Energy and Transgrid (Network Operators) each hold an operating licence. Alternatively, you can call Ausgrid at any time on 13 13 88. 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. With multiple tariffs on the Ausgrid network, there is an exhaustive list of pricing information. The PSCR seeks feedback and advice on the identified need for new transmission infrastructure. 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. The PADR submission phase is designed to receive feedback from stakeholders, including community, on the proposed preferred option. As a qualified journalist, Kelseigh aims to light the way for everyday Aussies, helping them find a better deal on their energy plan. VNI West is a core component and priority project in the AEMOs 2022 ISP, which confirms the need for short- and longer-term investment to increase the transfer capacity between the states and it will provide a unique opportunity to deliver transmission infrastructure that supports new private sector investment in Clean Energy. According to the Ausgrid website, you should then receive a connection offer or contract within 10 business days of lodging your application. 5 0 obj difference to bushfire risk between overground and underground transmission lines and no significant difference to operational costs. State Grid's bid was cleared by the Foreign Investment Review Board but was eventually unsuccessful,[6] possibly because of its government and military connections. Copyright 2023 Canstar Blue Pty Ltd ACN 142 285 434 All Rights Reserved, facebook Implementing our Reconciliation Action Plan contributes to creating a more equitable future. Since the 1950's, our network has developed to meet the growing needs of energy consumers. The difference in revenue between TransGrid's revised proposal and our final decision is mostly driven by our forecast of capital expenditure (capex). Licence granted to the Endeavour Energy Network Operator Partnership, Licence - to be read in conjunction with below variation. We focus on making services affordable, prioritising safety, and delivering for our customers. Reports were that this was an absolutely massive legal case with barristers stacked 3 deep and some parties having to get counsel from Melbourne since every Sydney barrister who knew the subject was already engaged on the case. And also note ourlive generation widget,and theAPVI solar contribution. 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. 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. As always, check all details of any plan directly with the retailer before making a purchase decision. You can also contact the Transgrid team in NSW via VNIW@transgrid.com.au or the AEMO team in Victoria via VNIWestRITT@aemo.com.au. Try selling that to politicians or Joe Public. Further formal consultation is proposed early 2023 before finalising the Project Assessment Conclusions Report. Concerned? 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. JFIF JExif MM * 2 :( XICC_PROFILE HLino mntrRGB XYZ 1 acspMSFT IEC sRGB -HP cprt P 3desc lwtpt bkpt rXYZ gXYZ , bXYZ @ dmnd T pdmdd vued L view $lumi meas $tech 0 rTRC. The Ausgrid network covers the central-east coast of New South Wales, spanning from Sydney to as far north as Nelson Bay and as far west as the Great Dividing Range. These are products from a referral partner. Promoting diversity and inclusion is a key component of our sponsorship program. 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. In order to assess all network and non-network options from a technical and economic perspective, we are using the Australian Energy Regulators Regulatory Investment Test for Transmission (RIT-T). However, if a decision is made to connect VNI West to an alternative WRL terminal station location, the submission of the WRL Environment Effect Statement may be further delayed. Our approach centres on transparency, accessibility, inclusiveness and communication. While this additional analysis is exploring options for VNI West, there is potential for any decision to directly impact landholders and their neighbours along the existing WRL proposed route. More consultation will occur early 2023, before a final decision is made. We have also received a response to the report from the community members of the While visual amenity impacts and bushfire risk are reduced, undergrounding raises its own suite of issues: for example, disturbance to flora and fauna, and archaeological sites, and increased impact on land use (the land above an underground power line may not be able to be used for some farming activity). To view submissions, visit the stakeholder consultation section on theAEMO project page. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. We will also be publishing an additional RIT-T consultation report in February 2023, outlining the results of the analysis to date, a proposed preferred option and the reasoning for selecting that option, and seeking formal feedback on the proposal. We focus on making services affordable, prioritising safety, and delivering for our customers. This differs from the enterprise value of more than $20 billion for the . These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. The network connects generators, distributors and major end users. Accusations were also made of Ausgrid "gold plating" its business at the expense of consumers to increase the price in privatisation. Transgrid acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the lands on which we work and we pay our respect to their Elders past and present. youtube <> <> This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. There are three electricity distributors in New South Wales one for the central-east coast, one for the regional and country areas and one for the metropolitan areas. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. 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. 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. We provide a summary of certain obligations of network operators below, to assist stakeholders. To read an interval meter the meter reader attaches an optical probe to the meter and downloads the 30-minute interval data into a handheld computer. Increase the capacity for sharing electricity between Victoria and New South Wales, improving the reliability and security of electricity supply for both states. The cost of undergrounding is generally much greater compared to overhead lines and would add significantly to a construction timeline. The RIT-T is an economic cost-benefit test: it is like a business case conducted early on in a transmission project, to determine if it will deliver economic benefits. [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). Our database may not cover all deals in your area. 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. Not all network operators are subject to the same obligations. As Ausgrid's standards are subject to ongoing review, the information contained in this document may be amended by Ausgrid at any time. CKI is also a major investor in UK electricity distribution assets. endobj 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. 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. Stay up to date. SGC was likely to have paid a higher price than anyone else. Unlock clean, lowest-cost electricity from existing and future renewable energy zones (REZs) in Victoria and New South Wales as coal-fired power stations close. 8 Ausgrid, Ausgrid submission to the TransGrid 2018-23 determination, . The financial implications of any potential move of the connection location needs to be carefully balanced with the issues raised by local communities. To us the AER is saying the Tribunal complained about using econometric data just because it was econometric data, and the Tribunal wants the AER to use bottom up Ausgrid costs but is not entitled to so order and in any event didnt provide enough guidance to enable that to be done. Transgrid is the manager and operator of the high voltage electricity transmission network in New South Wales and the Australian Capital . Unfortunately, no. 8 0 obj [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. VNI West is currently at an early project stage called the Regulatory Investment Test for Transmission (RIT-T). Over the last 12 years SolarQuotes has steadily built a network of heavily vetted solar installers. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. twitter Transgrid and AVP received 26 submissions during the PADR submission period (29 July 9 September 2022). Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. 12 0 obj Transgrid has signed on as major Platinum Partner of Moama Lights - Lighting up the Murray, which is an initiative of the Murray River Council. endobj Any decision to include undergrounding would require consideration of all technical, environmental, social and cultural constraints, together with stakeholder and community feedback. Smart meters are remotely read by your retailers appointed metering data provider, these meters record your energy in the same way as interval meters, that is, recording how much electricity is used every 30 minutes. We recognise the vital role that stakeholders, including Traditional Owners, community and landowners, have in the planning and delivery of major transmission infrastructure projects. In their feedback, several stakeholders questioned the location of the connection point to the Western Renewables Link (WRL) in Victoria. Accumulation meters only keep track of the total electricity usage. The issues we are aware of, and an explanation of how these issues have been considered where possible, will be outlined in the further RIT-T consultation report to be published in February 2023. Targeted interconnector expansion between these . A decision on the connection location will be made at the time the RIT-T process is concluded, early 2023. This is front page news. tariff options for energy customers in New South Wales, cheapest electricity prices in New South Wales, three electricity distributors in New South Wales. % If the location of the proposed VNI West connection to WRL changes, it is unlikely to significantly alter the proposed WRL route, although would require uprating the proposed WRL transmission line to 500kV east of the connection point to accommodate the additional volume of renewable generation that would be harnessed from VNI West. This preferred option establishes the broad area of interest for the project, including locations for connecting the project into the existing network.