The AFR reported, via the usually impeccably reliable Street talk column that SGC was expected to bid over $13 bn for the stake. In the National Energy Market, our operations are governed by a number of institutions. 3. CKI is also a major investor in UK electricity distribution assets. These are products from a referral partner. There are typically three different types of meters. Electronic accumulation meters have a digital display. In the National Energy Market, our operations are governed by a number of institutions. 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. There are also four gas distributors in the state. 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. Ausgrid was wholly owned by the Government of New South Wales from 2011 to 2016. 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. In 2016, the New South Wales Government offered the effective sale of a 50.4% stake in Ausgrid, through a 99-year lease. <>
This summary is an aide only, and should not be relied upon by licence holders and other stakeholders as a substitute for thoroughly reading all relevant regulatory instruments. Videos of the presentation can be viewed below, with copies of the slide pack available in the Resources section below. 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 cost of undergrounding is generally much greater compared to overhead lines and would add significantly to a construction timeline. With multiple tariffs on the Ausgrid network, there is an exhaustive list of pricing information. For another comparison we can look at what was paid for Transgrid as recently as last year. AusNet has prioritised reaching out to landholders between Mount Prospect and Bulgana, who may potentially host the WRL infrastructure, and those surrounding landholders who may potentially be impacted by any changes. A six week period of public feedback followed the PADR publication, which closed on 9 September 2022. We engage with the public to safely manage works that take place near our assets. The diagram below has been provided for illustrative purposes only to provide an indication of the potential broad areas of interest under investigation. Any difference between the reference price . 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. excludes TransGrid's part of transmission costs, whereas the 52.8% share attributed to 'regulated networks' in . 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. For information and updates on the VNI West RIT-T, please visit AEMO's VNI West RIT-T project page. . Transmission projects have long lead-times that require extensive community engagement, planning and construction activities. [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. Promoting diversity and inclusion is a key component of our sponsorship program. So right there we can see $2 bn going away. 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. [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). The interconnector upgrade will boost interstate power flows and lower energy bills. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>>
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. WRL is in the preparatory stage of the Environment Effects Statement (EES) and is therefore yet to receive the required environmental and planning approvals. The actual route for any of the options has not yet been determined. 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 are responsible for reading your meter and sending the data to your electricity retailer. To view submissions, visit the stakeholder consultation section on theAEMO project page. Our network extends throughout NSW and the ACT, with connections to Queensland and Victoria. There is a lot at stake as evidenced by the legal bill. Thats why in this article, we are going to explain what Ausgrid does and when you may need to contact the company. 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. 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. The key difference between a switching station and substation is that a power transformer is not installed at the switching station. 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. endobj
Central West Orana REZ Mt Piper to Wallerawang Transmission Network Project. By leading the transition to a clean energy future, we aim to make a better power system for Australians. endobj
With more than 15 years experience Transgrid Telecommunications manages an extensive fibre optic network covering in excess of 4000km across NSW, the ACT and Victoria. 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. Further project information is available from AVP and Transgrid through the contact details below. 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. We need to progress VNI West urgently so that it is operational by the time its most needed. 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. 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. This engagement will provide opportunities for all stakeholders to provide feedback and insights in relation to the potential alternative locations for the terminal station. 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. A power transformer is used to change the higher voltage to lower voltage. A December 2022 project update provides a summary regarding the PADR submission and assessment of feedback. Power is currently out to customers in Bondi, Bondi Junction, Bronte and surrounding suburbs. In December 2019, Transgrid and AVP published the Project Specification Consultation Report (PSCR) for VNI West. 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. Our database may not cover all deals in your area. Our network extends throughout NSW and the ACT, with connections to Queensland and Victoria. A dependable partner to millions of Australians, were the backbone that energy suppliers rely on. In February 2023, we will also be publishing a consultation report explaining the proposed preferred option from this additional analysis and inviting further feedback through written submissions prior to concluding the RIT-T. We are and will continue to engage with Traditional Owners and stakeholders to facilitate meaningful input, and clearly explain the rationale and benefits of the project. To understand specific land use issues, we are consulting with Traditional Owners, communities and stakeholders in the Waubra/Lexton (Djaara Country) and Bulgana (Wotjobaluk Country) areas. endobj
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. The residents, after many urgent appeals to Ausgrid's COO Trevor Armstrong and the chairman Roger Massey-Green, had been given no other option to notify local MP's, the media, the Environmental Protection Authority and other authorities to get action against Ausgrid. Non-confidential submissions to the PADR are available to view at the AEMO project webpage. 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). Transgrid operates and manages the major high voltage electricity transmission network in NSW and the ACT, connecting generators, distributors and major end users. 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