The hearings for this appeal will be in October and the judgment could just possibly be delivered prior to the sale being concluded. David Leitch is a regular contributor to Renew Economyand co-host of the weekly Energy Insiders podcast. <> Transmission projects have long lead-times that require extensive community engagement, planning and construction activities. 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. Some people occasionally get confused about the difference between distributors such as Ausgrid and . This agreement will enable Transgrid to plan with confidence and maximise the opportunity to deliver the project aligned with the RIT-T process. A dependable partner to millions of Australians, were the backbone that energy suppliers rely on. <> Some of the benefits of interval meters include more detailed information on your energy use and the opportunity for pricing plans that provide incentives to reduce your demand for electricity during peak times. Ausgrid owns most meters connected to our network. 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). 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). You will also need to make an application to Ausgrid if you wish to install a solar PV system at your property. The interconnector upgrade will boost interstate power flows and lower energy bills. These are products from a referral partner. Ausgrid, Endeavour Energy, Essential Energy and Transgrid (Network Operators) each hold an operating licence. The safety and welfare of our people, delivery partners, and the broader community is our highest priority. On 11 August 2016 the Federal Government intervened to block the proposal, citing national security concerns regarding foreign ownership of critical infrastructure. Our network extends throughout NSW and the ACT, with connections to Queensland and Victoria. 3 0 obj We engage with the public to safely manage works that take place near our assets. Stay up to date. 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. For this reason these meters are also known as flat rate meters. This preferred option establishes the broad area of interest for the project, including locations for connecting the project into the existing network. According to the Ausgrid website, you should then receive a connection offer or contract within 10 business days of lodging your application. The electricity network and transmission lines in NSW are owned by Transgrid a privately owned company. The network operates primarily at voltage levels of 500 kV, 330 kV, 220 kV and 132 kV. Concerned? 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 has received numerous complaints and requests for better stakeholder management and consultation of the local community. 3. 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. Any decision to include undergrounding would require consideration of all technical, environmental, social and cultural constraints, together with stakeholder and community feedback. [5], In 2018, Transgrid was among 17 energy businesses that supported the launch of the Energy Charter, a global initiative aimed at bringing together all parts of the power supply chain to give customers more affordable and reliable energy. We think there is sufficient unhappiness at where things are that the Review Panels recommendations for a new body will in time be revisited. Fact Checked Reduce carbon emissions, and helping achieve state-based renewable energy targets, while continuing to deliver safe, reliable and affordable electricity to consumers. 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. 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. 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. A new 500kV transmission line will carry electricity to customers from new generation sources. 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. 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. Since the 1950's, our network has developed to meet the growing needs of energy consumers. There are typically three different types of meters. $("#scpopover_282170").popover({ Transgrid's network comprises 104 bulk supply substations and more than 13,133 kilometres of high voltage transmission lines and cables. Ausgrid, Evoenergy, and Essential Energy. [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]. For this reason, these meters are also known as time of use meters. 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. 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. There are also four gas distributors in the state. <> <> <> Please see the review page for details of the review. In December 2019, Transgrid and AVP published the Project Specification Consultation Report (PSCR) for VNI West. This standard applies to the rating of 132kV, 66kV and 33kV cables, to LV and 11kV cables that The insulators provide the required insulation to stop electricity leaking into the structure and then onto the ground. This means you can have time of use pricing. Reliability and performance licence conditions, Transmission reliability and performance standard. Once you are connected, all that is left to do is choose an electricity provider. VNI West is currently at an early project stage called the Regulatory Investment Test for Transmission (RIT-T). Transgrid . Unfortunately we cannot provide dimensions for older models installed before 2004 due to the existence of a significant number of legacy models. power poles) to undertake work on your property, To enquire about your electricity bill (contact your retailer e.g. 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. Ausgrid welcomes the opportunity to comment on the AEMC's consultation paper regarding the participant derogation rule change proposals put forward by TransGrid and ElectraNet for the financeability of integrated system plan (ISP) projects. AVP and Transgrid have already commenced engagement with a number of Traditional Owner groups and other key regional stakeholders, including councils and community groups through the RIT-T process to build understanding of unique, local issues. The project team is currently considering feedback received as inputs to the Project Assessment Conclusions Report (PACR). 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. Transgrid runs over 13,000 kilometres of transmission wires in NSW and the ACT, with connections in Queensland and Victoria as well. Whether benchmarking is an appropriate method for estimating allowable costs for Ausgrid and whether the AER used benchmarking in an appropriate way to produce an appropriate outcome. Ausgrid has a live feed ofpower outages available on its website, along with a map that indicates where these outages are. Key learnings from previous projects are also informing the development of consultation plans. 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. container:'body', endstream html: true, Ausgrid is an electricity distributor, which means it is responsible for building and maintaining the wires, transformers, substations and low-voltage poles that bring energy to your home. Ausgrid was government-owned until December 2016 when it became majority-owned by private investor groups. Implementing our Reconciliation Action Plan contributes to creating a more equitable future. This means that Ausgrid is the distribution network for households and businesses in Cronulla, Newcastle, the Hunter region, Nelson Bay and parts of Sydney. The change in voltages occurs at substations. We have also received a response to the report from the community members of the Electronic accumulation meters have a digital display. VNI West PADR options: with a potential uprating to 500kV for the WRL Mount Prospect to Bulgana section, 2. Its really worth looking at this chart for a minute. Having read the AERs grounds for appeal, we think it would be very foolish to write off the chances of the appeal succeeding. Learn moreabout this change. AusNet has and continues to investigate project alternatives as part of the EES. All rights reserved. upgrade WRL from near Waubra to Bulgana). Transgrid and AVP are considering the feedback received as part of developing the Project Assessment Conclusions Report (PACR). Maps appearing in the VNI West PADR, and the 2022 ISP, are illustrative only. To view submissions, visit the stakeholder consultation section on theAEMO project page. Transgrid's Telecommunications network is one of the largest optical fibre network in Australia, with the majority of the network's Optical Ground Wire (OPGW) strung above the electricity transmission network. 7 0 obj 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. VNI will help lower the cost of wholesale electricity across the National Electricity Market. Major decisions, such as the location of the VNI West connection to WRL, consider engineering and economic factors. Integrating sustainability principles across our operations helps to protect our communities. 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. 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. In the National Energy Market, our operations are governed by a number of institutions. 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. 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. 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. 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