Careers . We also note in Victoria, through the proposed Victorian Transmission Investment Framework (VTIF) currently under consultation, VicGrid is aiming to deliver social and economic benefits in ways that are fair, meaningful and participatory. 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. Refer to the product fact sheet (or relevant similar documentation) before making any purchase decision. The next three tabs feature products exclusively from AGL, EnergyAustralia and Origin. Read more about .`, Our directors and executive team have a wealth of combined experience across the energy industry. Our approach centres on transparency, accessibility, inclusiveness and communication. 3 0 obj See the December 2021 progress updatefor more details. In their feedback, several stakeholders questioned the location of the connection point to the Western Renewables Link (WRL) in Victoria. We acknowledge the traditional owners of this land and pay respect to Elders, past, present and emerging. Canstar Blue's website terms and conditions apply. 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. instagram In 2015, the Government announced that Ausgrid, Endeavour Energy, and Transgrid would be fully or partially leased to private operators: - Transgrid was fully leased to private operators in December 2015 Our database may not cover all deals in your area. Timing on the route selection process will be shared with stakeholders and community when known. 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. 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. If Ausgrid sold for 1.4X RAB then 50.4% would be worth around $10.7 bn. Ausgrid services more than 1.7 million homes and businesses on the NSW central-east coast. We are currently undertaking this work and its likely a decision will be made early in 2023, following further consultation. A community engagement event schedule will be published on our website and other channels early in the new year. Its really worth looking at this chart for a minute. For issue to all Ausgrid and Accredited Service Providers' staff involved with the design and installation of telecommunications cables in Ausgrid premises, and is for reference by field, technical and engineering staff. We have also received a response to the report from the community members of the We engage with the public to safely manage works that take place near our assets. Unfortunately we cannot provide dimensions for older models installed before 2004 due to the existence of a significant number of legacy models. For information regarding the other functions and services provided by smart meters, please contact your retailer. If the income from a trust is fully distributed it is taxed in the hands of the recipient at their tax rate. 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. Transgrid and AVP received 26 submissions during the PADR submission period (29 July 9 September 2022). Central West Orana REZ Mt Piper to Wallerawang Transmission Network Project. The insulators provide the required insulation to stop electricity leaking into the structure and then onto the ground. We are committed to working closely with local stakeholders, Traditional Owners, landholders and communities throughout the project area to understand how we can maximise benefits across the board. 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. We are responsible for reading your meter and sending the data to your electricity retailer. Our crew are working to safely restore power. 8 Ausgrid, Ausgrid submission to the TransGrid 2018-23 determination, . These are products from a referral partner. 2 0 obj The non-confidential submissions are available to read on the AEMO website. Our database may not cover all deals in your area. Try selling that to politicians or Joe Public. Increase the capacity for sharing electricity between Victoria and New South Wales, improving the reliability and security of electricity supply for both states. 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. Automation systems enable us to exert control in any part of the network and to enable communication between substations or switching stations and our control centre. In this event, the most recent standard shall prevail. 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 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. Any queries relating to metering at your home should be referred to your electricity retailer or meter provider. A power transformer is used to change the higher voltage to lower voltage. The appeal grounds around the appropriate cost of debt are much more legal, and in part, turn on whether the ACT was even entitled to consider the matter and whether the appropriate benchmark entity is a regulated utility or an unregulated entity. 1 0 obj The PACR, including responses to feedback received, will be published in 2023. Your meter is read by your meter service provider/Distributor who provides your 'read' to us so we can calculate your energy bills. Unfortunately, no. Since December 2016, the Ausgrid network has been owned in joint partnership by the New South Wales Government, Australian Super and IFM Investors. It is possible that conflict may exist between standard documents. This page was written and is regularly updated by Canstar Blues energy content producer, Kelseigh Wrigley. There are three major underlying issues in contention and we not expressing the legal language or points but what we perceive as the underlying common sense issues: At first we didnt think the AER stood much of a chance in the appeal. These are products from a referral partner. As a qualified journalist, Kelseigh aims to light the way for everyday Aussies, helping them find a better deal on their energy plan. The change in voltages occurs at substations. If you would like to learn more, independent consultants GHD and Stantec have finalised The HumeLink Project - Underground report. With a future with diminishing mineral resource extraction, and the best arable land being progressively sterilised by a variety of impacts (urban sprawl, land degradation (erosion, salinisation, acidification)), and more mouths to feed because of the rapacious demands of developers and other pro-immigration scammers, there seems little opportunity to reel in this dire situation without severely reducing our expectations in resource consumption (ie, living standards). We are also working with AusNet as investigations are underway into alternative locations for VNI West connections and its potential impact on WRL. Ausgrid is an electricity distributor that operates across the central-east coast of New South Wales. The network connects generators, distributors and major end users. SGC was likely to have paid a higher price than anyone else. Implementing our Reconciliation Action Plan contributes to creating a more equitable future. 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. Transgrid is the manager and operator of the high voltage electricity transmission network in New South Wales and the Australian Capital . 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. Ausgrid owns most meters connected to our network. AusNet has and continues to investigate project alternatives as part of the EES. 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. Some people occasionally get confused about the difference between distributors such as Ausgrid and . In 2015, the Government announced that Ausgrid, Endeavour Energy, and Transgrid would be fully or partially leased to private operators: If you are in these areas and would like to know more, please email info@westernrenewableslink.com.au or call 1300 360 795. At this stage, the WRL EES will be submitted to the Victorian Government in early 2023. <> Our network extends throughout NSW and the ACT, with connections to Queensland and Victoria. Please see the review page for details of the review. 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. container:'body', This information may have changed over time. It shows that: Ausgrids real revenues increased 150% between 2005 and 2012 and increased 66% between 2010 and 2013. All network operators with assets in NSW must be aware of and fully comply with all their legal obligations. This consultation will provide a number of different opportunities for community members to provide feedback in addition to our regular engagement with councils, governments, consumer representatives and industry. Accusations were also made of Ausgrid "gold plating" its business at the expense of consumers to increase the price in privatisation. David Leitch is a regular contributor to Renew Economyand co-host of the weekly Energy Insiders podcast. The $16.2 billion figure is the value of all of Ausgrid's debt, plus proceeds received for the 50.4 per cent equity stake. The PADR submission phase is designed to receive feedback from stakeholders, including community, on the proposed preferred option. [2] The Authority was corporatised in December 1998, by the Energy Services Corporations Amendment (Transgrid Corporatisation) Act 1998, and Transgrid became the actual name of the corporation. [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). }); Some people occasionally get confused about the difference between distributors such as Ausgrid and retailers like AGL, EnergyAustralia or Origin Energy. Transgrid has signed on as major Platinum Partner of Moama Lights - Lighting up the Murray, which is an initiative of the Murray River Council. Ausgrid maintains a copy of this and other Network Standards together with updates and amendments on www.ausgrid.com.au. endobj Transmission reliability and performance standard -applicable from 1 July 2018. <> 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. The RIT-T assessment decision is expected in 2023. Since the 1950's, our network has developed to meet the growing needs of energy consumers. We have never heard any criticism of its interests in regard to national security. . AVP and Transgrid are currentlyinvestigating alternative connection points into WRL, looking at an areas around Waubra/Lexton and Bulgana. It is the first of a three stage RIT-T process. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. 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). Once you are connected, all that is left to do is choose an electricity provider. AER appeal to the Federal court is the shadow hanging over Ausgrid. The route, design and location of any new infrastructure required to deliver VNI West has not been determined.Once AVP and Transgrid have determined in the PACR where best to connect VNI West into WRL, this will establish a broad area of interest that will subsequently be narrowed down to a corridor, and then a specific route, through further detailed assessment and planning as part of Initial Work activities. 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. This standard applies to the rating of 132kV, 66kV and 33kV cables, to LV and 11kV cables that The financial implications of any potential move of the connection location needs to be carefully balanced with the issues raised by local communities. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. The Ausgrid network covers over 22,000 square kilometres, spanning from Sydney to the Great Dividing Range. Ausgrid, Endeavour Energy, Essential Energy and Transgrid (Network Operators) each hold an operating licence. 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. 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. Once this is complete, youll need to lodge a request for a connection and define the electrical requirements of your property. Reliability and performance licence conditions, Transmission reliability and performance standard. 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. But this was not adopted by the SCER and we have ended up with the dogs breakfast served up by the appeal outcome. endobj Transgrid operates and manages the major high voltage electricity transmission network in NSW and the ACT, connecting generators, distributors and major end users. This includes a number of major urban areas such as Cronulla, Newcastle and the Hunter region. The network consists of more than 49,000 kilometres of overhead and underground powerlines, with more than 31,000 distribution substations. This regulatory process ensures energy users avoid paying more than necessary for electricity through the transition to net zero emissions. The statutory obligations relevant to network operators and our role as the regulator are governed by a number of regulatory instruments. The proposed expansion will address transmission network limitations. endstream Our database may not cover all deals in your area. Ausgrid has received numerous complaints and requests for better stakeholder management and consultation of the local community. 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 includes gathering Traditional Owners, Registered Aboriginal Parties, community and stakeholder feedback and land surveys. 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. We invest in building sustainable working relationships with all our procurement partners. VNI will help lower the cost of wholesale electricity across the National Electricity Market. 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. So right there we can see $2 bn going away. Ausgrid, Evoenergy, and Essential Energy. Ausgrid's real revenues increased 150% between 2005 and 2012 and increased 66% between 2010 and 2013. From 1 December 2017, any new or replacement meters for homes or small businesses will be smart meters, installed by your electricity retailers appointed provider, not Ausgrid. 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. Should WRL not receive the required environmental and planning approvals, the impact on VNI West would need to be considered at that point in time. 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. It is mainly responsible for maintaining the network of poles, wires and stations that make it possible for electricity to reach your home. AVP and Transgrid also support the Energy Charters work in developing social licence guidelines for co-existence of transmission infrastructure and agriculture in an attempt to mitigate negative impacts and prioritise the need for shared values through the energy transition. 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. A dependable partner to millions of Australians, were the backbone that energy suppliers rely on. We acknowledge community concerns that can be created by this uncertainty and therefore want to make a decision as quickly as possible while ensuring that there is still adequate time for communities and other stakeholders to provide input. Ausgrid was wholly owned by the Government of New South Wales from 2011 to 2016. Further project information is available from AVP and Transgrid through the contact details below. We provide a summary of certain obligations of network operators below, to assist stakeholders. This suite of documents comprises TransGrid's application of the Regulatory Investment Test for Transmission (RIT-T) which has been prepared and made available solely for informat Transgrid's network comprises 104 bulk supply substations and more than 13,133 kilometres of high voltage transmission lines and cables. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. excludes TransGrid's part of transmission costs, whereas the 52.8% share attributed to 'regulated networks' in . 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. 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. - Ausgrid was partially leased (50.4%) to private operators in December 2016, and There are typically three different types of meters. 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. endobj VNI West PADR options: with a potential uprating to 500kV for the WRL Mount Prospect to Bulgana section, 2. Learn about our other projects which secure ongoing supply for energy customers. The interconnector upgrade will boost interstate power flows and lower energy bills. 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. That is, we persist on selling off the farm, to entities from countries that must think that we are idiotically free and easy. We are currently working on a new community engagement plan to drive awareness of the additional work AVP will be undertaking to better understand potential connection opportunities between VNI West and WRL. 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). 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. 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. Below we have listed some of the cheapest electricity prices in New South Wales on the Ausgrid network. Transgrid conducted a roundtable meeting with key stakeholders on 1 June 2022, providing an overview of the VNI West project and an update on its current status within the RIT-T process. 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. Promoting diversity and inclusion is a key component of our sponsorship program. 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. tariff options for energy customers in New South Wales, cheapest electricity prices in New South Wales, three electricity distributors in New South Wales. Having read the AERs grounds for appeal, we think it would be very foolish to write off the chances of the appeal succeeding. On this Wikipedia the language links are at the top of the page across from the article title. 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. <> If you live outside of these areas, your distributor will be either Essential Energy or Endeavour Energy, depending on your location. 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. This work is part of the RIT-T framework for VNI West. Any difference between the reference price .
Arriva St Helens Lost Property, Oatmeal Vs Cream Of Rice, Chicken Feet Soup Benefits,