<>>> . <> Western Renewables Link is a critical network upgrade to provide additional capacity to the Western Victoria REZ. [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. If there are issues with the internal wiring at your property, this will require a licensed electrician to repair. The ACT instructed the AER to remake its decision and basically guided how this should be done. <> As part of the RIT-T process, a preferred option must be identified that maximises the net market benefits for consumers while meeting the power system needs. A dependable partner to millions of Australians, were the backbone that energy suppliers rely on. 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. 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. 1 0 obj 14 0 obj The rapid retirement of major coal-fired generation in Australia has created an urgent need for new transmission infrastructure. 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 PADR and its attachments, and the July 2022 Project Update, can be accessed below in theResources section. If you live outside of these areas, your distributor will be either Essential Energy or Endeavour Energy, depending on your location. Electronic accumulation meters have a digital display. In their feedback, several stakeholders questioned the location of the connection point to the Western Renewables Link (WRL) in Victoria. <> This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. This means that Ausgrid is the distribution network for households and businesses in Cronulla, Newcastle, the Hunter region, Nelson Bay and parts of Sydney. As part of the AVP and Transgrid analysis, options are also being assessed to determine the benefits of harnessing more renewable generation from the western Victoria renewable energy zone through uprating WRL to 500kV all the way to Bulgana, irrespective of where VNI West connects in. Great story. - Ausgrid was partially leased (50.4%) to private operators in December 2016, and We have also received a response to the report from the community members of the 9 0 obj Concerned? It consists of a structure supporting conductors in the air, which are located at a safe distance from the ground. The next three tabs feature products exclusively from AGL, EnergyAustralia and Origin. The PACR, including responses to feedback received, will be published in 2023. [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%). Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Meters measure how much gas or electricity is being used at your service address. 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. ENV owns the gas distribution business in South Australia, a part of the gas distribution business in Victoria, Southern NSW and QLD. <> [2] Initial bidding was won by a consortium of State Grid Corporation of China and Cheung Kong Infrastructure Holdings. CKI is also a major investor in UK electricity distribution assets. SGC owns 19.9% of listed stapled security Ausnet. Our crew are working to safely restore power. 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. 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. Increase the capacity for sharing electricity between Victoria and New South Wales, improving the reliability and security of electricity supply for both states. This information may have changed over time. 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. 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. Thats why in this article, we are going to explain what Ausgrid does and when you may need to contact the company. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. You can also contact the Transgrid team in NSW via VNIW@transgrid.com.au or the AEMO team in Victoria via VNIWestRITT@aemo.com.au. David Leitch is principal of ITK. This standard applies to the rating of 132kV, 66kV and 33kV cables, to LV and 11kV cables that VNI West PADR options: with a potential uprating to 500kV for the WRL Mount Prospect to Bulgana section, 2. News and analysis for the clean energy economy. That is, we persist on selling off the farm, to entities from countries that must think that we are idiotically free and easy. SKI owns 15% of the consortium. 11 0 obj 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. Can I choose a different energy distributor other than Ausgrid? Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. VNI West will provide a vital new transmission line to link new renewable generators with the grid and ensure reliable, affordable power as Australia transitions to clean, low-cost renewables. Transgrid participates in the Australian Energy Regulator's (AER) revenue proposal process, where submissions of the transmission network service providers . delay: { hide: 300 }, If you live on the central-east coast of New South Wales, your electricity distributor will be Ausgrid. [5] State Grid Corporation of China was one of the other bidders, in a consortium with Macquarie Infrastructure Real Assets. endobj 13 0 obj Electricity Commission of New South Wales, "$10.3 billion NSW power sale a good deal for the Baird government", The State Grid Corporation of China: Its Australian engagement and military links, "AGL, Energy Australia, Origin join charter to cut power prices", "TransGrid welcomes Omers to its ownership group", https://www.transgrid.com.au/media/dn5oq3j3/modern-slavery-statement.pdf, "Brett Redman appointed as Transgrid Chief Executive Officer", Transgrid Begins Renewable Energy Zone work in NSW, EnergyAustralia (state government enterprise), Sydney County Council (Sydney Electricity), List of power stations in New South Wales, https://en.wikipedia.org/w/index.php?title=TransGrid&oldid=1093372475, Electric power transmission system operators in Australia, Former government-owned companies of New South Wales, Caisse de dpt et placement du Qubec companies, Sovereign wealth fund portfolio companies, All articles with bare URLs for citations, Articles with bare URLs for citations from March 2022, Articles with PDF format bare URLs for citations, Creative Commons Attribution-ShareAlike License 3.0, 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 16 June 2022, at 05:42. Private landowners are compensated for hosting the easement in accordance with the NSW Governments Land Acquisition. These are products from referral partners. The Project Assessment Draft Report (PADR) proposed that, in NSW, VNI West would connect into EnergyConnect at the planned Dinawan substation, between Coleambally and Jerilderie. A new 500kV transmission line will carry electricity to customers from new generation sources. The PSCR seeks feedback and advice on the identified need for new transmission infrastructure. The Ausgrid network covers over 22,000 square kilometres, spanning from Sydney to the Great Dividing Range. 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. 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. The project team is currently considering feedback received as inputs to the Project Assessment Conclusions Report (PACR). Well-targeted and timely investment in the transmission network is therefore required to keep pace with these changes and provide consumers with the most cost-effective energy outcomes while maintaining reliability and security. Ausgrid has received numerous complaints and requests for better stakeholder management and consultation of the local community. In response, AVP and Transgrid are investigating alternative locations in the Waubra/Lexton or Bulgana areas for connection of VNI West, which would still run via a terminal station in the area of Kerang. Refer to the product fact sheet (or relevant similar documentation) before making any purchase decision. 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. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. <> The network consists of more than 49,000 kilometres of overhead and underground powerlines, with more than 31,000 distribution substations. excludes TransGrid's part of transmission costs, whereas the 52.8% share attributed to 'regulated networks' in . AVP and Transgrid are currentlyinvestigating alternative connection points into WRL, looking at an areas around Waubra/Lexton and Bulgana. 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. endobj As always, check all details of any plan directly with the retailer before making a purchase decision. As Ausgrid's standards are subject to ongoing review, the information contained in this document may be amended by Ausgrid at any time. This page was written and is regularly updated by Canstar Blues energy content producer, Kelseigh Wrigley. trigger: "onclick hover", According to the Ausgrid website, over four million Aussies rely on their energy from this network. % Ausgrid owns and operates a shared electricity network that powers the homes and businesses of Any faulty or fallen powerlines spotted on the central-east coast of NSW should also be raised with Ausgrid. Learn about our other projects which secure ongoing supply for energy customers. There are also four gas distributors in the state. The following chart is from the AERs final report. 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. As a qualified journalist, Kelseigh aims to light the way for everyday Aussies, helping them find a better deal on their energy plan. We have worked to build connections with stakeholders, including councils, to ensure that we are communicating information regularly and sharing important details as early as possible. Licence granted to the Endeavour Energy Network Operator Partnership, Licence - to be read in conjunction with below variation. 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. This engagement will provide opportunities for all stakeholders to provide feedback and insights in relation to the potential alternative locations for the terminal station. 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. The insulators provide the required insulation to stop electricity leaking into the structure and then onto the ground. Ausgrid, Endeavour Energy, Essential Energy and Transgrid (Network Operators) each hold an operating licence. We calculate as follows: By comparison, the four listed comparable investments, AUS, DUE, SKI trade as follows: You can see that the sharemarket tends to value these assets, once they have been optimised, and including some extra non regulated revenue at about 8.5X ebitda and at about 1.4X regulated asset base [RAB]. 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. There are four stages of electricity supply in New South Wales generation, transmission, distribution and retail. 10 0 obj upgrade WRL from near Waubra to Bulgana). Unfortunately we cannot provide dimensions for older models installed before 2004 due to the existence of a significant number of legacy models. Our network extends throughout NSW and the ACT, with connections to Queensland and Victoria. These are products from a referral partner. Transgrids recent commitment to the Project Energy Connect enhanced 500 kV investment between Dinawan and Wagga, which has been supported by the Federal Government, the announced earlier closure date of Yallourn Power Station, EnergyAustralias announced Jeeralang Battery in Victoria, Inform stakeholders of the investment need and proposed optionsto address it, Test the market for alternative and more efficient solutions.
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