Ausnet owns and operates Victorias electricity transmission business, is one of 5 electricity distribution operators in Victoria and also owns one of the gas distribution businesses in Victoria. The PADR submission phase is designed to receive feedback from stakeholders, including community, on the proposed preferred option. $("#scpopover_282170").popover({ The following chart is from the AERs final report. The hearings for this appeal will be in October and the judgment could just possibly be delivered prior to the sale being concluded. You can find the meter dimensions listed below. AusNet has and continues to investigate project alternatives as part of the EES. To best find out what tariff you should sign up to, you may need to visit Ausgrids Network Prices page. This means you are charged the same amount for the electricity you use, regardless of when you use it. - Ausgrid was partially leased (50.4%) to private operators in December 2016, and endobj This page was written and is regularly updated by Canstar Blues energy content producer, Kelseigh Wrigley. Maps appearing in the VNI West PADR, and the 2022 ISP, are illustrative only. ENV owns the gas distribution business in South Australia, a part of the gas distribution business in Victoria, Southern NSW and QLD. Minister's variation - Signed by the Minister on 5 February 2019. You can find the meter dimensions listed below. A six week period of public feedback followed the PADR publication, which closed on 9 September 2022. Subscribe to receive all major news and updates. David, 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. Targeted interconnector expansion between these . Not all network operators are subject to the same obligations. As always, check all details of any plan directly with the retailer before making a purchase decision. EnergyConnect is a critical project that will lower power bills for homes and businesses. By leading the transition to a clean energy future, we aim to make a better power system for Australians. 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. 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= twitter 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. upgrade WRL from near Waubra to Bulgana). Accumulation meters can be electronic or electro-mechanical. 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. As always, check all details of any plan directly with the retailer before making a purchase decision. <> In the National Energy Market, our operations are governed by a number of institutions. <> Please visit AusNets website for further details of the current schedule. Victoria New South Wales Interconnector (VNI West), is a proposed new high-capacity 500 kilovolt (kV) double-circuit overhead transmission line, providing a connection between the Western Renewables Link in Victoria and Project EnergyConnect in New South Wales. Ausgrid was seen as forcing their network capacity increasing (and therefore profit increasing) projects onto local residential communities. 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. 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. 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. Transmission reliability and performance standard -applicable from 1 July 2018. The RIT-T process is a regulatory process defined in the National Electricity Rules (NER) as limited to determining if a project will deliver positive net market benefits to the National Electricity Market (NEM) as a whole. The company's offices are located in Sydney, Newcastle, Orange, Tamworth, Wagga, and Yass. <> Our approach centres on transparency, accessibility, inclusiveness and communication. The Ausgrid network covers over 22,000 square kilometres, spanning from Sydney to the Great Dividing Range. 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. 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). Discover opportunities for apprentices, graduates and professionals. Electronic accumulation meters have a digital display. 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. container:'body', instagram To be read in conjunction with below variation. The electricity network and transmission lines in NSW are owned by Transgrid - a privately owned company. A range of potential options have been considered through the RIT-T framework. 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. Strengthening the grid to deliver affordable, reliable and clean energy to customers. So right there we can see $2 bn going away. For information regarding the other functions and services provided by smart meters, please contact your retailer. 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. If not, you can select your property on the map to report an outage. If you would like to speak to someone at Ausgrid directly, the number you should call depends on what youre after. This preferred option establishes the broad area of interest for the project, including locations for connecting the project into the existing network. Here are the AGL Energy plans on our database for NSW. For this reason these meters are also known as flat rate meters. 13 0 obj Any queries relating to metering at your home should be referred to your electricity retailer or meter provider. Customers in the Parramatta, Penrith, Lithgow, Richmond, Wollongong, Moss Vale or Nowra regions are connected on theEndeavour Energy network, while customers west of Bathurst and Goulburn, south of Batemans Bay and north of Dungog are connected to theEssential Energy network. If you have not organised your connection within this time, you will need to re-apply for a new contract in order to get connected. If you would like to learn more, independent consultants GHD and Stantec have finalised The HumeLink Project - Underground report. The difference per year between what Ausgrid wanted going forward (green line) and what the AER allowed (purple line). Having read the AERs grounds for appeal, we think it would be very foolish to write off the chances of the appeal succeeding. We have provided links to each network operators licence (and any subsequent variations) below. We focus on making services affordable, prioritising safety, and delivering for our customers. <> We translate those revenue differences to ebitda, earnings before interest, tax & depreciation, the prime metric in utility profit estimation as follows: To recap, Ausgrid appealed to the Australian Competition Tribunal[ACT] and the ACT essentially found in favour of Ausgrid on the three major grounds of appeal. endobj To us the AER is saying the Tribunal complained about using econometric data just because it was econometric data, and the Tribunal wants the AER to use bottom up Ausgrid costs but is not entitled to so order and in any event didnt provide enough guidance to enable that to be done. 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. In April 2022, Transgrid entered into anunderwriting agreementwith the Commonwealth Government to develop VNI West. 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. Transgrid operates the major high voltage electricity transmission network in NSW and the ACT, and is part of the National Electricity Market (NEM). Transgrid's network comprises 104 bulk supply substations and more than 13,133 kilometres of high voltage transmission lines and cables. Below we have listed some of the cheapest electricity prices in New South Wales on the Ausgrid network. EnergyConnect is a critical project that will lower power bills for homes and businesses. 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. According to the Ausgrid website, you should then receive a connection offer or contract within 10 business days of lodging your application. Major decisions, such as the location of the VNI West connection to WRL, consider engineering and economic factors. 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. Powering Sydney's Future secures the electricity supply for Sydneys CBD and surrounding suburbs. 12 0 obj 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. Our directors and executive team have a wealth of combined experience across the energy industry. We have rigorously tested TransGrid's forecast costs to check . 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. Fact Checked