Our crew are working to safely restore power. 8 0 obj For information regarding the other functions and services provided by smart meters, please contact your retailer. A December 2022 project update provides a summary regarding the PADR submission and assessment of feedback. [2] Initial bidding was won by a consortium of State Grid Corporation of China and Cheung Kong Infrastructure Holdings. AVP and Transgrid are committed to working with stakeholders and communities from an early stage in the RIT-T process to build our understanding of the local context, listen to interests or concerns, and use that information to help to refine transmission line route options. These are products from a referral partner. 1 0 obj 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 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. 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. Interval meters record how much electricity is used every 30 minutes. As always, check all details of any plan directly with the retailer before making a purchase decision. We have never heard any criticism of its interests in regard to national security. stream In April 2022, Transgrid entered into anunderwriting agreementwith the Commonwealth Government to develop VNI West. Ausgrid says that under its new ownership arrangement, it has maintained a focus on safety and reliability, while also preparing for a feature of de-centralised renewable energy generation. 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. AEMOs 2022 Integrated System Plan (ISP) identified VNI West as an actionable ISP project to be progressed urgently and no later than 2031. For this reason, these meters are also known as time of use meters. 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. Transgrid runs over 13,000 kilometres of transmission wires in . [ 11 0 R] In this event, the most recent standard shall prevail. Our directors and executive team have a wealth of combined experience across the energy industry. The network consists of more than 49,000 kilometres of overhead and underground powerlines, with more than 31,000 distribution substations. [5] State Grid Corporation of China was one of the other bidders, in a consortium with Macquarie Infrastructure Real Assets. Private landowners are compensated for hosting the easement in accordance with the NSW Governments Land Acquisition. This engagement will provide opportunities for all stakeholders to provide feedback and insights in relation to the potential alternative locations for the terminal station. Route selection will be finalised after the regulatory test for this project is completed, and in close consultation with stakeholders and communities. 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. That information is then sent to our systems, validated and then sent to your electricity retailer so they can calculate your bill. 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. We recognise the vital role that stakeholders, including Traditional Owners, community and landowners, have in the planning and delivery of major transmission infrastructure projects. 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 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. In 2015, the Government announced that Ausgrid, Endeavour Energy, and Transgrid would be fully or partially leased to private operators: 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. The insulators provide the required insulation to stop electricity leaking into the structure and then onto the ground. 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. 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. 13 0 obj This information may have changed over time. As a result the regulator decided to cut Ausgrids 2014-2019 revenues by an eyebrow raising 40% compared to what Ausgrid was looking for. Transgrid participates in the Australian Energy Regulator's (AER) revenue proposal process, where submissions of the transmission network service providers . 11 0 obj delay: { hide: 300 }, He was formerly a Utility Analyst for leading investment banks over the past 30 years. We engage with the public to safely manage works that take place near our assets. 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. These are products from referral partners. We recognise the vital role that Traditional Owners and stakeholders, including community and landowners, have in the planning and delivery of major transmission infrastructure projects. Our database may not cover all deals in your area. Copyright 2023 Canstar Blue Pty Ltd ACN 142 285 434 All Rights Reserved, facebook excludes TransGrid's part of transmission costs, whereas the 52.8% share attributed to 'regulated networks' in . 5 0 obj Further formal consultation is proposed early 2023 before finalising the Project Assessment Conclusions Report. endobj A consortium paid $10.4bn for 100% of Transgrid last year representing 1.6 X EV:RAB and FY15 EV:Ebitda of 16X. <> On this Wikipedia the language links are at the top of the page across from the article title. And here we have just one more egregious example of how a financially out-of-control country responds to its massive foreign debt; we just keep converting debt into equity. <> 3. If not, you can select your property on the map to report an outage. This agreement will enable Transgrid to plan with confidence and maximise the opportunity to deliver the project aligned with the RIT-T process. Concerned? 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. 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. If you are happy with the returned contract and cost quote for you connection, you can then organise for an electrical professional to do the necessary work to get you hooked up to the grid. According to the Ausgrid website, you should then receive a connection offer or contract within 10 business days of lodging your application. As part of this we are committed to having robust processes to determine stakeholder and community needs and be accountable on how feedback has been considered and incorporated into decision making. Our database may not cover all deals in your area. We focus on making services affordable, prioritising safety, and delivering for our customers. 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. % The difference per year between what Ausgrid wanted going forward (green line) and what the . Key learnings from previous projects are also informing the development of consultation plans. A dependable partner to millions of Australians, were the backbone that energy suppliers rely on. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. twitter @ Copyright RenewEconomy 2020. Transgrid's network comprises 104 bulk supply substations and more than 13,133 kilometres of high voltage transmission lines and cables. <> 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. We provide a summary of certain obligations of network operators below, to assist stakeholders. It is the first of a three stage RIT-T process. VNI West PADR options: with a potential uprating to 500kV for the WRL Mount Prospect to Bulgana section, 2. 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. Different types of meters can be used to record and display your usage. The rapid retirement of major coal-fired generation in Australia has created an urgent need for new transmission infrastructure. 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. Promoting diversity and inclusion is a key component of our sponsorship program. 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. We are responsible for reading your meter and sending the data to your electricity retailer. Transgrid operates the major high voltage electricity transmission network in NSW and the ACT, and is part of the National Electricity Market (NEM). 7 0 obj The next three tabs feature products exclusively from AGL, EnergyAustralia and Origin. If you live outside of these areas, your distributor will be either Essential Energy or Endeavour Energy, depending on your location. Explain to stakeholders the basis on which the preferred option has been selected. 6 0 obj Videos of the presentation can be viewed below, with copies of the slide pack available in the Resources section below. Strengthening the grid to deliver affordable, reliable and clean energy to customers. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> We think there is sufficient unhappiness at where things are that the Review Panels recommendations for a new body will in time be revisited. . Transmission projects have long lead-times that require extensive community engagement, planning and construction activities. See the December 2021 progress updatefor more details. 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. We acknowledge the traditional owners of this land and pay respect to Elders, past, present and emerging. Whether its value for money, new incentives, deals on gas or solar, Kelseigh is keen to help customers put money back in their pockets. [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. 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. 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. Our network extends throughout NSW and the ACT, with connections to Queensland and Victoria. Ausgrid is an electricity distributor that operates across the central-east coast of New South Wales. SGC was likely to have paid a higher price than anyone else. The development of VNI West will open up opportunities for renewable generation investment and diversity in REZs across Victoria and New South Wales by providing spare transmission capacity to allow this generation to get to market. AVP and Transgrid are currentlyinvestigating alternative connection points into WRL, looking at an areas around Waubra/Lexton and Bulgana. Timing on the route selection process will be shared with stakeholders and community when known. A new 500kV transmission line will carry electricity to customers from new generation sources. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Our Community Partnerships Program benefits areas where our assets are located or under development. 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= A new 500kV transmission line will carry electricity to customers from new generation sources. 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. 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. placement: 'auto', 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. Transgrid has entered into an underwriting agreement with the Commonwealth Government to develop the Victoria to New South Wales Interconnector West (VNI West), a major transmission infrastructure project proposed to secure the electricity supply and boost sharing between the two states. }); Some people occasionally get confused about the difference between distributors such as Ausgrid and retailers like AGL, EnergyAustralia or Origin Energy. VNI will help lower the cost of wholesale electricity across the National Electricity Market. But this was not adopted by the SCER and we have ended up with the dogs breakfast served up by the appeal outcome. Whether the AER was entitled to calculate interest rate revenue allowances in the way it did (using a ten year forward looking moving average). The project team is currently considering feedback received as inputs to the Project Assessment Conclusions Report (PACR). 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. It is important to note that Ausgrid does not generate electricity for you to use, nor is it involved in customer billing. 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. We invest in building sustainable working relationships with all our procurement partners. 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. 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. 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. The views expressed are his own. Transgrid runs over 13,000 kilometres of transmission wires in NSW and the ACT, with connections in Queensland and Victoria as well. 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. The proposed expansion will address transmission network limitations. 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. The AER also argues that the ACT effectively states that the existing cost of debt for a regulated entity is by definition to be regarded as efficient whereas that need not automatically be correct. content: `Our journalists and editors are committed to bringing you accurate, clear and detailed information, and ensuring this page gives you the full picture at the time of publication or update. 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. You can find the meter dimensions listed below. The AER argues that the Tribunal expressed concerns about the use of estimated econometric data to estimate Ausgrids costs, but made no finding that the estimates were materially inaccurate or unreliable. container:'body', Our core role is to connect electricity consumers to a safe, secure and reliable network through efficient maintenance, proficient operation of assets and prudent investment. linkedin. Early 2023, we will also be publishing a further consultation report on the outcomes of the options analysis and inviting written submissions prior to concluding the RIT-T. We are and will continue to engage with stakeholders to facilitate meaningful input from stakeholders and communities, and clearly explain the rationale and benefits of the project. News and analysis for the clean energy economy. A transmission line transmits electricity across vast distances. The PSCR seeks feedback and advice on the identified need for new transmission infrastructure. Interval meters are all electronic. If you would like to register interest for future notifications of consultation, or read more about the project, please reach out to AVP and Transgrid through the contact details below. The safety and welfare of our people, delivery partners, and the broader community is our highest priority. 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. The key difference between a switching station and substation is that a power transformer is not installed at the switching station. Promoting diversity and inclusion is a key component of our sponsorship program. The structures are either steel towers or poles made of steel, concrete or wood. 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). Here are the energy distributors in NSW. 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:! 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. $("#scpopover_282170").popover({ Increase the capacity for sharing electricity between Victoria and New South Wales, improving the reliability and security of electricity supply for both states. This includes a number of major urban areas such as Cronulla, Newcastle and the Hunter region. 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. How good are these numbers? The PADR submission phase is designed to receive feedback from stakeholders, including community, on the proposed preferred option. We note that in Australia CKI is the majority owner and operator of the wires and poles in South Australia (with the listed stapled security Spark Infrastrucure [SKI]), is the majority owner and operator of two of Victorias distribution businesses (Citipower and Powercor) again with its partner SKI, owns 100% of the gas transmission and distribution business Envestra [ENV]. 14 0 obj Powering Sydney's Future secures the electricity supply for Sydneys CBD and surrounding suburbs. It was formed in 2011 from the previously state-owned energy retailer/distributor, EnergyAustralia, when the retail division of the company . Like the Transgrid process before it, the State would retain the legal ownership of Ausgrid's network assets. Please note our new section,Energy Markets,which will include analysis from Leitch on the energy markets and broader energy issues. This page was written and is regularly updated by Canstar Blues energy content producer, Kelseigh Wrigley. [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). 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. To be read in conjunction with below variation. 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Your application respect to Elders, past, present and emerging, with of. 11 0 R ] in this event, the State would retain the legal ownership of Ausgrid #! Central-East coast of new South Wales prioritising safety, and delivering for our customers contact. Safety, and the Hunter region other functions and services provided by smart meters, please contact your.! Nsw and the ACT, with connections in Queensland and Victoria below, connections... As time of use meters wanted going forward ( green line ) and what the inclusion is a component!
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