Power is currently out to customers in Bondi, Bondi Junction, Bronte and surrounding suburbs. 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. 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. 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. AVP and Transgrid appreciate the thoughtful submissions provided to date on VNI West and will continue open discussions with Traditional Owners, communities, and stakeholders on this important transmission project. 255 (H) x 170 (W) x 63 (D) OR 273 (H) x 170 (W) x 63 (D) with an optional external hook. 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. We have provided links to each network operators licence (and any subsequent variations) below. The actual route for any of the options has not yet been determined. Ausgrid, Endeavour Energy, Essential Energy and Transgrid (Network Operators) each hold an operating licence. The cost of undergrounding is generally much greater compared to overhead lines and would add significantly to a construction timeline. [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. Ausgrid is an electricity distribution company which owns, maintains and operates the electrical networks supplying 1.8 million customers servicing more than 4 million people in Sydney, the Central Coast and Hunter regions of New South Wales, Australia. 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. Since the 1950's, our network has developed to meet the growing needs of energy consumers. Reliability and performance licence conditions - SUPERSEDED, Licence granted to the NSW Electricity Networks Operations Pty Limited, Minister's variation Signed by the Minister on 29 November 2017. This can be done through the postcode checker on the Ausgrid website. 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). We previously noted that Ausgrid and the other NSW electricity distribution businesses are regarded as the least efficient in the NEM. We need to progress VNI West urgently so that it is operational by the time its most needed. endobj title: "" Private landowners are compensated for hosting the easement in accordance with the NSW Governments Land Acquisition. Route selection will be finalised after the regulatory test for this project is completed, and in close consultation with stakeholders and communities. We focus on making services affordable, prioritising safety, and delivering for our customers. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. 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. Major decisions, such as the location of the VNI West connection to WRL, consider engineering and economic factors. [2] Initial bidding was won by a consortium of State Grid Corporation of China and Cheung Kong Infrastructure Holdings. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. 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. We focus on making services affordable, prioritising safety, and delivering for our customers. A consortium paid $10.4bn for 100% of Transgrid last year representing 1.6 X EV:RAB and FY15 EV:Ebitda of 16X. Licence granted to the Endeavour Energy Network Operator Partnership, Licence - to be read in conjunction with below variation. We have also received a response to the report from the community members of the According to the Ausgrid website, you should then receive a connection offer or contract within 10 business days of lodging your application. 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. AVP and Transgrid sought and encouraged feedback from stakeholders via submissions and consultations on the Project Assessment Draft Report (PADR), which was published in July 2022. If you would like to learn more, independent consultants GHD and Stantec have finalised The HumeLink Project - Underground report. We operate and manage the high voltage electricity transmission network in NSW and the ACT. All rights reserved. . Integrating sustainability principles across our operations helps to protect our communities. 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. Transmission lines transport electricity at high voltages primarily to minimise energy losses. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. instagram This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. <> endstream The matters that can and cannot be considered are set out in RIT-T application guidelines developed by the Australian Energy Regulator (AER). 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. Canstar Blue's website terms and conditions apply. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Stay up to date. Videos of the presentation can be viewed below, with copies of the slide pack available in the Resources section below. [5] State Grid Corporation of China was one of the other bidders, in a consortium with Macquarie Infrastructure Real Assets. 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:! 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. endobj Further formal consultation is proposed early 2023 before finalising the Project Assessment Conclusions Report. 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. 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. Ausgrid was wholly owned by the Government of New South Wales from 2011 to 2016. Transgrid runs over 13,000 kilometres of transmission wires in . 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. Having read the AERs grounds for appeal, we think it would be very foolish to write off the chances of the appeal succeeding. A community engagement event schedule will be published on our website and other channels in the new year. 14 0 obj Transgrid participates in the Australian Energy Regulator's (AER) revenue proposal process, where submissions of the transmission network service providers . AEMOs 2022 Integrated System Plan (ISP) identified VNI West as an actionable ISP project to be progressed urgently and no later than 2031. 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. 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. 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. The change in voltages occurs at substations. <> Strengthening the grid to deliver affordable, reliable and clean energy to customers. 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. In their feedback, several stakeholders questioned the location of the connection point to the Western Renewables Link (WRL) in Victoria. 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. Read more about Canstar Blues Fact Checking Process.`, In 2016, the New South Wales Government offered the effective sale of a 50.4% stake in Ausgrid, through a 99-year lease. 3. In this event, the most recent standard shall prevail. 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. Different types of meters can be used to record and display your usage. But this was not adopted by the SCER and we have ended up with the dogs breakfast served up by the appeal outcome. Our database may not cover all deals in your area. Ausgrid has a live feed ofpower outages available on its website, along with a map that indicates where these outages are. Ausgrid, Evoenergy, and Essential Energy. 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). 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. 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. VNI West is a core component and priority project in the AEMOs 2022 ISP, which confirms the need for short- and longer-term investment to increase the transfer capacity between the states and it will provide a unique opportunity to deliver transmission infrastructure that supports new private sector investment in Clean Energy. endobj In response, further analysis is currently being undertaken jointly by AVP and Transgrid to include consideration of alternate VNI West options, connecting to WRL at different points between Mt Prospect and Bulgana, in the next phase of the RIT-T. As part of this additional VNI West RIT-T analysis, we will be consulting with Traditional Owners, communities and local governments in the areas of interest. Ausgrid connection contracts are valid up to a year from when the application was submitted. This is why we are taking this step of consulting with potentially impacted communities so we can be confident we understand all the local factors before making any decision. The next three tabs feature products exclusively from AGL, EnergyAustralia and Origin. 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). This includes gathering Traditional Owners, Registered Aboriginal Parties, community and stakeholder feedback and land surveys. Pollution Incident Response Management Plans, 134 (W) x 164 (Height with standard terminal cover) x 59 (D), 166 (W) x 210 (Height with standard terminal cover) x 74 (D), PRI-Sprint Whole Current PRW Electronic Meter. For this reason, these meters are also known as time of use meters. Transgrid participates in the Australian Energy Regulator's (AER) revenue proposal process, where submissions of the transmission network service providers (TNSP), the AER and other interested parties are used to set the maximum allowable revenue (MAR) for the TNSPs for a five-year period. <> VNI will help lower the cost of wholesale electricity across the National Electricity Market. 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. 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). 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. 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. 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. Please see the review page for details of the review. Meters measure how much gas or electricity is being used at your service address. SGC was likely to have paid a higher price than anyone else. 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. 10 0 obj 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. 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. <> 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. Try selling that to politicians or Joe Public. The PACR, including responses to feedback received, will be published in 2023. In the National Energy Market, our operations are governed by a number of institutions. As always, check all details of any plan directly with the retailer before making a purchase decision. Reduce carbon emissions, and helping achieve state-based renewable energy targets, while continuing to deliver safe, reliable and affordable electricity to consumers. Thats why in this article, we are going to explain what Ausgrid does and when you may need to contact the company. The project is also expected to support regional employment and economic growth in some capacity across the LGAs where the project is sited. Unfortunately we cannot provide dimensions for older models installed before 2004 due to the existence of a significant number of legacy models. By leading the transition to a clean energy future, we aim to make a better power system for Australians. Any difference between the reference price . This is front page news. placement: 'auto', 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. On this Wikipedia the language links are at the top of the page across from the article title. 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. Great story. We are committed to working with Traditional Owners, stakeholders, communities, and landholders to build our understanding of the local context and listen to interests and concerns as we develop and refine transmission line route options and Victorian terminal station locations. For more info: https://t.co/bZtdLPjc9L. endobj endobj We have rigorously tested TransGrid's forecast costs to check . 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. Wednesday 10 August 2022 information session, Thursday 25 August 2022 information session. 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. In 2015, the Government announced that Ausgrid, Endeavour Energy, and Transgrid would be fully or partially leased to private operators: It was formed in 2011 from the previously state-owned energy retailer/distributor, EnergyAustralia, when the retail division of the company . Learn moreabout this change. To our knowledge, all information in articles on the Canstar Blue website was correct at the time of publication. Feedback from face-to-face and virtual meetings with stakeholders, including councils and local communities, on the PADR has seen 26 written submissions received from a broad range of stakeholders. 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