We have rigorously tested TransGrid's forecast costs to check . It is important to note that Ausgrid does not generate electricity for you to use, nor is it involved in customer billing. A new 500kV transmission line will carry electricity to customers from new generation sources. This includes gathering Traditional Owners, Registered Aboriginal Parties, community and stakeholder feedback and land surveys. Canstar Blue's website terms and conditions apply. Since the 1950's, our network has developed to meet the growing needs of energy consumers. . It is recommended that you engage with an electrical professional when making your application to assist in picking the right connection design for you. Tax efficiency is enhanced by significantly overgearing the assets. Central West Orana REZ Mt Piper to Wallerawang Transmission Network Project, Connecting VNI West to Western Renewables Link FAQs, 2021 Inputs, Assumptions and Scenarios Report, Project Specification Consultation Report, Report : VNI West PADR market modelling report, Modelling : VNI West PADR RIT-T NPV model, Modelling : VNI West Hydrogen Superpower model, Modelling : VNI West Progressive Change model, VNI West PADR Information Session 1 10 August 2022, Transgrid VNIW Roundtable Report Final June 2022, Victoria New South Wales Interconnector (VNI West), Regulatory Investment Test for Transmission (RIT-T), Preferred option identified for transmission project to share electricity between NSW and Victoria with $687 million in market benefits, Transgrid to help light up the Murray for Moama Lights, Federal funding of $75 million to secure supply and assess energy sharing options between NSW and Victoria. This ensures electricity is safely and reliably transmitted to major urban areas. Ausgrid, Evoenergy, and Essential Energy. 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. Please see the review page for details of the review. Discover opportunities for apprentices, graduates and professionals. The non-confidential submissions are available to read on the AEMO website. These leases resulted in some additional obligations for the three operators, including the following: - The Code of Practice for Authorised Network Operators, which relates to environmental impact assessments and compliance, is required as a licence condition. 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). AEMOs 2022 Integrated System Plan (ISP) identified VNI West as an actionable ISP project to be progressed urgently and no later than 2031. linkedin. 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. But this was not adopted by the SCER and we have ended up with the dogs breakfast served up by the appeal outcome. These are products from a referral partner. Transgrid is the manager and operator of the high voltage electricity transmission network in New South Wales and the Australian Capital . In October 2022, the Victorian and Commonwealth Governments jointly announced support, through the Commonwealth Governments Rewiring the Nation plan, for this project to be built by 2028. David Leitch is principal of ITK. It is possible that conflict may exist between standard documents. Transgrid . 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. endobj The proposed expansion will address transmission network limitations. Reduce carbon emissions, and helping achieve state-based renewable energy targets, while continuing to deliver safe, reliable and affordable electricity to consumers. Wednesday 10 August 2022 information session, Thursday 25 August 2022 information session. 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. 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. All rights reserved. The safety and welfare of our people, delivery partners, and the broader community is our highest priority. The hearings for this appeal will be in October and the judgment could just possibly be delivered prior to the sale being concluded. Timing on the route selection process will be shared with stakeholders and community when known. 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. 10 0 obj 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. 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. Some people occasionally get confused about the difference between distributors such as Ausgrid and . We need to progress VNI West urgently so that it is operational by the time its most needed. We operate and manage the high voltage electricity transmission network in NSW and the ACT. In this event, the most recent standard shall prevail. [5] The consortium consists of two Australian entitiesSpark Infrastructure (15%), the Utilities Trust of Australia fund (20%) together with the Canadian pension fund Caisse de depot et placement du Quebec (25%) and two Middle Eastern sovereign wealth fundsthe Abu Dhabi Investment Authority (20%) and the Kuwait Investment Authority (20%). 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. Please visit AusNets website for further details of the current schedule. Maps appearing in the VNI West PADR, and the 2022 ISP, are illustrative only. The actual route for any of the options has not yet been determined. 13 0 obj 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. Try selling that to politicians or Joe Public. Private landowners are compensated for hosting the easement in accordance with the NSW Governments Land Acquisition. Each meter records and displays the information differently. [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]. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. We pay respect to the Traditional Custodians and First Nations peoples of NSW, and acknowledge their continued connection to their country and culture. Explain to stakeholders the basis on which the preferred option has been selected. <> Promoting diversity and inclusion is a key component of our sponsorship program. Unfortunately we cannot provide dimensions for older models installed before 2004 due to the existence of a significant number of legacy models. To be read in conjunction with below variation. Trevor Armstrong (COO), New England County Council (New England Electricity), North West County Council (North West Electricity), Northern Riverina County Council (Northern Riverina Electricity), Northern Rivers County Council (Northern Rivers Electricity), Peel-Cunningham County Council (PCCC Electricity), Shortland County Council (Shortland Electricity), Southern Mitchell County Council (Southern Mitchell Electricity), Southern Riverina County Council (Southern Riverina Electricity), Southern Tablelands County Council (Southern Tablelands Electricity), This page was last edited on 20 September 2022, at 13:11. 3 0 obj It shows that: Ausgrids real revenues increased 150% between 2005 and 2012 and increased 66% between 2010 and 2013. The safety and welfare of our people, delivery partners, and the broader community is our highest priority. EnergyConnect is a critical project that will lower power bills for homes and businesses. endobj If not, you can select your property on the map to report an outage. Due to these timeframes, and the long lead times of transmission projects, AEMO Victorian Planning (AVP) and Transgrid (the network planner in New South Wales) are progressing a joint RIT-T for VNI West, and endeavouring to complete this process in early 2023. Can I choose a different energy distributor other than Ausgrid? Ausgrid operates under this partnership in a long-term lease, with Australian Super and IFM Investors owning 50.4 per cent of the network, while the NSW Treasury owns 49.6 per cent. 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. The difference per year between what Ausgrid wanted going forward (green line) and what the AER allowed (purple line). . Below we have listed some of the important information about Ausgrid. SGC also owns 60% of Jemena which owns another electricity distribution business in Victoria and most of the gas distribution in NSW. 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. 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. We operate and manage the high voltage electricity transmission network in NSW and the ACT. The PADR submission phase is designed to receive feedback from stakeholders, including community, on the proposed preferred option. tariff options for energy customers in New South Wales, cheapest electricity prices in New South Wales, three electricity distributors in New South Wales. endobj Interval meters are all electronic. delay: { hide: 300 }, We recognise the vital role that stakeholders, including Traditional Owners, community and landowners, have in the planning and delivery of major transmission infrastructure projects. We are responsible for reading your meter and sending the data to your electricity retailer. The assets are worth more to foreign buyers because: Overseas buyers have a lower cost of capital; Most utility infrastructure is structured as a combination trust/company (stapled security). Transmission projects have long lead-times that require extensive community engagement, planning and construction activities. You can find the meter dimensions listed below. <> In their feedback, several stakeholders questioned the location of the connection point to the Western Renewables Link (WRL) in Victoria. [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 network extends throughout NSW and the ACT, with connections to Queensland and Victoria. 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. 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. Any decision to include undergrounding would require consideration of all technical, environmental, social and cultural constraints, together with stakeholder and community feedback. Since the 1950's, our network has developed to meet the growing needs of energy consumers. A power transformer is used to change the higher voltage to lower voltage. This preferred option establishes the broad area of interest for the project, including locations for connecting the project into the existing network. Interval meters record how much electricity is used every 30 minutes. 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 To our knowledge, all information in articles on the Canstar Blue website was correct at the time of publication. The proposed expansion will address transmission network limitations. By leading the transition to a clean energy future, we aim to make a better power system for Australians. As a result the regulator decided to cut Ausgrids 2014-2019 revenues by an eyebrow raising 40% compared to what Ausgrid was looking for. 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. 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. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. With multiple tariffs on the Ausgrid network, there is an exhaustive list of pricing information. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. 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. Transgrid operates the major high voltage electricity transmission network in NSW and the ACT, and is part of the National Electricity Market (NEM). endobj The network operates primarily at voltage levels of 500 kV, 330 kV, 220 kV and 132 kV. 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 have provided links to each network operator's licence (and any subsequent variations) below. See the December 2021 progress updatefor more details. This will include extensive community and stakeholder consultation. 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). excludes TransGrid's part of transmission costs, whereas the 52.8% share attributed to 'regulated networks' in . Ausgrid was government-owned until December 2016 when it became majority-owned by private investor groups. If Ausgrid sold for 1.4X RAB then 50.4% would be worth around $10.7 bn. We acknowledge the traditional owners of this land and pay respect to Elders, past, present and emerging. . Important environmental, social, and cultural matters will be assessed in detail and addressed through the subsequent state and federal government environmental and planning assessments and approvals processes to minimise impacts. 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. <> You will also need to make an application to Ausgrid if you wish to install a solar PV system at your property. Fact Checked New smart meters are supplied and installed by your retailers appointed provider, any questions surrounding your smart meter should be directed to your retailer. ENV owns the gas distribution business in South Australia, a part of the gas distribution business in Victoria, Southern NSW and QLD. News and analysis for the clean energy economy. 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. 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. The rapid retirement of major coal-fired generation in Australia has created an urgent need for new transmission infrastructure. Copyright 2023 Canstar Blue Pty Ltd ACN 142 285 434 All Rights Reserved, facebook 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. Once you are connected, all that is left to do is choose an electricity provider. We engage with the public to safely manage works that take place near our assets. 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). We focus on making services affordable, prioritising safety, and delivering for our customers. instagram Ausgrid owns most meters connected to our network. Transgrid's network comprises 104 bulk supply substations and more than 13,133 kilometres of high voltage transmission lines and cables. [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. As a qualified journalist, Kelseigh aims to light the way for everyday Aussies, helping them find a better deal on their energy plan. It was formed in 2011 from the previously state-owned energy retailer/distributor, EnergyAustralia, when the retail division of the company . In the National Energy Market, our operations are governed by a number of institutions. The matters that can and cannot be considered are set out in RIT-T application guidelines developed by the Australian Energy Regulator (AER). 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. In Victoria, the PADR proposed a connection to the Western Renewables Link (WRL) at a new terminal station north of Ballarat. Different types of meters can be used to record and display your usage. It is the first of a three stage RIT-T process. If you live on the central-east coast of New South Wales, your electricity distributor will be Ausgrid. Ausgrid owns most meters connected to our network. Implementing our Reconciliation Action Plan contributes to creating a more equitable future. 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. 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