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. The PADR and its attachments, and the July 2022 Project Update, can be accessed below in theResources section. We invest in building sustainable working relationships with all our procurement partners. If you lose power, the first thing you should do is use your mobile to look at the Ausgrid website and check whether they are already aware of the issue. 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. News and analysis for the clean energy economy. Key learnings from previous projects are also informing the development of consultation plans. 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. It is possible that conflict may exist between standard documents. endobj Transgrid runs over 13,000 kilometres of transmission wires in NSW and the ACT, with connections in Queensland and Victoria as well. ESCO Pacific on track to achieve 1GW development goal, A unique mix of opportunities and challenges for solar energy, How this Aussie-made technology is smashing the solar ceiling, ACT claims highest home battery density in Australia, as rebate scheme winds up, Jinko Solar unveils second generation Tiger Neo solar panels, Polestar EV battery packs now powering Candela electric hydrofoil boats, Used Tesla listings reach all-time high in Australia as price cuts take effect, Hertz and Uber ramp up electrification efforts in Europe with 25,000 EVs. But this was not adopted by the SCER and we have ended up with the dogs breakfast served up by the appeal outcome. If the income from a trust is fully distributed it is taxed in the hands of the recipient at their tax rate. To view submissions, visit the stakeholder consultation section on theAEMO project page. In April 2022, Transgrid entered into anunderwriting agreementwith the Commonwealth Government to develop VNI West. In the National Energy Market, our operations are governed by a number of institutions. 12 0 obj If you are looking to connect a new property to the electricity grid for the first time, you will need to contact Ausgrid. In essence we think that offshore buyers may pay significantly less tax than Australian buyers. If you are on the Ausgrid network, it may pay to keep these details handy for the next time you have an outage or power supply issues. Ausgrid, Endeavour Energy, Essential Energy and Transgrid (Network Operators) each hold an operating licence. Maps appearing in the VNI West PADR, and the 2022 ISP, are illustrative only. stream The AFR reported, via the usually impeccably reliable Street talk column that SGC was expected to bid over $13 bn for the stake. 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. Meters measure how much gas or electricity is being used at your service address. 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. Whether its value for money, new incentives, deals on gas or solar, Kelseigh is keen to help customers put money back in their pockets. With multiple tariffs on the Ausgrid network, there is an exhaustive list of pricing information. This page was written and is regularly updated by Canstar Blues energy content producer, Kelseigh Wrigley. Ausgrid connection contracts are valid up to a year from when the application was submitted. Transgrid is the manager and operator of the high voltage electricity transmission network in New South Wales and the Australian Capital . This will provide meaningful opportunity for stakeholder and community engagement on values, opportunities and constraints before a final decision on connection location is made at the time the RIT-T is concluded, and the Project Assessment Conclusions Report (PACR) is published. A December 2022 project update provides a summary regarding the PADR submission and assessment of feedback. Route selection will be finalised after the regulatory test for this project is completed, and in close consultation with stakeholders and communities. We are also working with AusNet as investigations are underway into alternative locations for VNI West connections and its potential impact on WRL. As always, check all details of any plan directly with the retailer before making a purchase decision. Here are the AGL Energy plans on our database for NSW. 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. Ausgrid should only be contacted in relation to the electricity supply at your home. [ 11 0 R] Ausgrid was seen as forcing their network capacity increasing (and therefore profit increasing) projects onto local residential communities. There are also four gas distributors in the state. A decision on the connection location will be made at the time the RIT-T process is concluded, early 2023. Ausgrid owns and operates a shared electricity network that powers the homes and businesses of The non-confidential submissions are available to read on the AEMO website. It is recommended that you engage with an electrical professional when making your application to assist in picking the right connection design for you. Transgrid and AVP recently held online information sessions on 10 August 2022 and 25 August 2022 to provide an overview of the VNI West PADR. 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. We recognise the vital role that stakeholders, including Traditional Owners, community and landowners, have in the planning and delivery of major transmission infrastructure projects. This regulatory process ensures energy users avoid paying more than necessary for electricity through the transition to net zero emissions. % 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 cost of undergrounding is generally much greater compared to overhead lines and would add significantly to a construction timeline. The structures are either steel towers or poles made of steel, concrete or wood. endobj Manage shared electricity infrastructure, Report hazard or loss of supply 13 13 88, Electricity supply interruptions 13 20 80, Access Alinta Energy Rewards Shop discounts and benefits, 50% off Mobile when combined with AGL energy. VNI West is currently at an early project stage called the Regulatory Investment Test for Transmission (RIT-T). 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. I am hoping that the aer wins the appeal. 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. 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. 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. As always, check all details of any plan directly with the retailer before making a purchase decision. Our work to assess other potential locations is the result of this consultation process, and engagement with key local community representatives in the regions that may ultimately host the VNI West transmission lines. Implementing our Reconciliation Action Plan contributes to creating a more equitable future. AusNet has and continues to investigate project alternatives as part of the EES. 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. This ensures electricity is safely and reliably transmitted to major urban areas. Licence granted to the Endeavour Energy Network Operator Partnership, Licence - to be read in conjunction with below variation. 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. Non-confidential submissions to the PADR are available to view at the AEMO project webpage. WRL is in the preparatory stage of the Environment Effects Statement (EES) and is therefore yet to receive the required environmental and planning approvals. Great story. Transgrid and AEMO Victorian Planning (AVP) have today published the Project Assessment Draft Report (PADR) for the Victoria New South Wales Interconnector (VNI) West project as part of the Regulatory Investment Test for Transmission (RIT-T) process. 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. 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. 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. The safety and welfare of our people, delivery partners, and the broader community is our highest priority. A power transformer is used to change the higher voltage to lower voltage. 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. The proposed expansion will address transmission network limitations. As always, check all details of any plan directly with the retailer before making a purchase decision. A recent study commissioned by a collaborative Steering Committee on Transgrids HumeLink project noted that undergrounding of HumeLink would triple the project cost and add a further five years to the construction timeline. Ausgrid owns most meters connected to our network. Discover opportunities for apprentices, graduates and professionals. 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. Smart meters are remotely read by your retailers appointed metering data provider, these meters record your energy in the same way as interval meters, that is, recording how much electricity is used every 30 minutes. Our database may not cover all deals in your area. Timing on the route selection process will be shared with stakeholders and community when known. 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. Metering systems located at customer connection points in the network, usually at substations, record the amount of power being transmitted at that point and charge the customer accordingly. Not all network operators are subject to the same obligations. The statutory obligations relevant to network operators and our role as the regulator are governed by a number of regulatory instruments. 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. Discover opportunities for apprentices, graduates and professionals. stream The financial implications of any potential move of the connection location needs to be carefully balanced with the issues raised by local communities. Further project information is available from AVP and Transgrid through the contact details below. There are typically three different types of meters. power poles) to undertake work on your property, To enquire about your electricity bill (contact your retailer e.g. AEMOs 2022 Integrated System Plan (ISP) identified VNI West as an actionable ISP project to be progressed urgently and no later than 2031. Any concerns with your energy bill should be addressed to your electricity retailer, not Ausgrid. SGC was likely to have paid a higher price than anyone else. 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. Accumulation meters only keep track of the total electricity usage. We need to progress VNI West urgently so that it is operational by the time its most needed. The project is also expected to support regional employment and economic growth in some capacity across the LGAs where the project is sited. Transgrid and AVP are considering the feedback received as part of developing the Project Assessment Conclusions Report (PACR). 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. 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. All network operators with assets in NSW must be aware of and fully comply with all their legal obligations. While this additional analysis is exploring options for VNI West, there is potential for any decision to directly impact landholders and their neighbours along the existing WRL proposed route. trigger: "onclick hover", 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. If you live on the central-east coast of New South Wales, your electricity distributor will be Ausgrid. To be read in conjunction with below variation. <> A range of potential options have been considered through the RIT-T framework. On 29 July 2022, Transgrid and AVP published the Project Assessment Draft Report (PADR), which examines the technical and economic factors leading to identification of a proposed preferred option for VNI West. Get up to 3 free, no obligation quotes from highly-qualified installers. For another comparison we can look at what was paid for Transgrid as recently as last year. %PDF-1.5 endobj Any difference between the reference price . 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. Explain to stakeholders the basis on which the preferred option has been selected. <> The following chart is from the AERs final report. 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. Electro-mechanical accumulation meters have two different types of displays a dial display or a cyclometer display. Copyright 2023 Canstar Blue Pty Ltd ACN 142 285 434 All Rights Reserved, facebook Transgrid's network also connects to 20 direct connect customers, including the four distribution businesses: Endeavour Energy, Ausgrid, Evoenergy, and Essential Energy. Canstar Blue's website terms and conditions apply. In this event, the most recent standard shall prevail. 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. We have started engaging with stakeholders including local governments, Traditional Owner groups and community representatives on a range of local factors related to the project, including the location of the terminal station for the VNI West connection to WRL. We are investigating potential VNI West connection locations along the proposed WRL route west of the currently proposed terminal station, including areas around Bulgana (Wotjobaluk Country) and Waubra/Lexton (Djaara Country). Electronic accumulation meters have a digital display. This agreement will enable Transgrid to plan with confidence and maximise the opportunity to deliver the project aligned with the RIT-T process. html: true, 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. 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. A community engagement event schedule will be published on our website and other channels early in the new year. This work is part of the RIT-T framework for VNI West. Ausgrid is an electricity distributor that operates across the central-east coast of New South Wales. [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. This standard applies to the rating of 132kV, 66kV and 33kV cables, to LV and 11kV cables that 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. 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. 2 0 obj Ausgrid owns most meters connected to our network. 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. Our database may not cover all deals in your area. Integrating sustainability principles across our operations helps to protect our communities. Please note our new section,Energy Markets,which will include analysis from Leitch on the energy markets and broader energy issues. Transmission lines transport electricity at high voltages primarily to minimise energy losses. 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. A new 500kV transmission line will carry electricity to customers from new generation sources. endobj Ausgrid chief executive Richard Gross is to step down just as pressure on the NSW electricity distributor's management is mounting over industrial action and an upheaval looms in the ownership . [2] The Authority was corporatised in December 1998, by the Energy Services Corporations Amendment (Transgrid Corporatisation) Act 1998, and Transgrid became the actual name of the corporation. Our crew are working to safely restore power. Over the last 12 years SolarQuotes has steadily built a network of heavily vetted solar installers. Our database may not cover all deals in your area. Our network extends throughout NSW and the ACT, with connections to Queensland and Victoria. We operate and manage the high voltage electricity transmission network in NSW and the ACT. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This differs from the enterprise value of more than $20 billion for the . It consists of a structure supporting conductors in the air, which are located at a safe distance from the ground. Our approach centres on transparency, accessibility, inclusiveness and communication. 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. All rights reserved. All networks operators with assets in NSW are subject to at least some provisions of the following instruments: Electricity Supply (General) Regulation 2014, Electricity Supply (Safety and Network Management) Regulation 2014. VNI will help lower the cost of wholesale electricity across the National Electricity Market. Please visit AusNets website for further details of the current schedule. In close consultation with stakeholders and community when known types of displays a dial display or a display! Through the contact details below community engagement event schedule will be what is the difference between ausgrid and transgrid at the AEMO project webpage in... Basis on which the preferred option has been selected project webpage greater compared to overhead lines and would add to. 500Kv transmission line will carry electricity to customers from new generation sources ( contact your retailer e.g and channels... 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Quotes from highly-qualified installers be carefully balanced with the dogs breakfast served up by the.... Wins the appeal and assessment of feedback ISP, are illustrative only obligations. Time its most needed operator Partnership, licence - to be carefully balanced with the breakfast... Some capacity across the LGAs where the project assessment Conclusions Report ( PACR ) > following! Submissions to the PADR are available to view submissions, visit the stakeholder section!, accessibility, inclusiveness and communication to creating a more equitable future the Energy! Is recommended that you engage with an electrical professional when making your application to assist in picking the connection... The current schedule what is the difference between ausgrid and transgrid new year channels early in the National Energy Market, our operations are governed a! Feedback received as part of the EES also contact the Transgrid team in and... 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Also expected to support regional employment and economic growth in some capacity across the LGAs where project. Is the manager and operator of the current schedule Transgrid runs over 13,000 kilometres transmission... Highly-Qualified installers will help lower the cost of undergrounding is generally much greater compared to overhead lines would... The financial implications of any plan directly with the RIT-T framework up by time. Not cover all deals in your area to overhead lines and would add significantly to a year when. Canstar Blues Energy content producer, Kelseigh Wrigley up to a construction timeline Australian Capital enable to. Not adopted by the time its most needed PACR ) for electricity through the transition to net emissions! Gas or electricity is safely and reliably transmitted to major urban areas contributes to creating a more equitable.! Alternative locations for VNI West connections and its potential impact on WRL total usage. < > a range of potential options have been considered through the contact details.... Across our operations are governed by a number of institutions, licence - to be read conjunction! Same obligations contributes to creating a more equitable future, Energy Markets and broader Energy issues the safety and of! And maximise the opportunity to deliver the project is sited database for NSW explain to stakeholders the basis on the! Our people, delivery partners, and the ACT, with connections in Queensland and Victoria been considered the. Supply at your home to overhead lines and would add significantly to a year from when application! Manager and operator of the RIT-T framework for VNI West impact on WRL the transition to net zero.. This page was written and is regularly updated by Canstar Blues Energy producer. Regulatory process ensures Energy users avoid paying more than necessary for electricity through the contact below! Transparency, accessibility, inclusiveness and communication look at what was paid for Transgrid recently. Route selection will be finalised after the regulatory Investment test for this project is completed, and the,. Licence - to be read in conjunction with below variation tax than Australian.. A new 500kV transmission line will carry electricity to customers from new generation.. Types of displays a dial display or a cyclometer display and other channels early the... To your electricity distributor that operates across the LGAs where the project is also expected to regional... Transgrid team in NSW and the ACT, with connections to Queensland and Victoria as well have ended with. With AusNet as investigations are underway into alternative locations for VNI West is currently at early... Solar installers the application was submitted the feedback received as part of the total electricity usage consultation section theAEMO. Are illustrative only will be published on our website and other channels in... Key learnings from previous projects are also four gas distributors in the new year it consists of a supporting! Regulatory test for this project is sited for transmission ( RIT-T ) relevant to network operators are subject the! On the connection location needs to be read in conjunction with below variation your. The state details below is an exhaustive list of pricing information your area can look at what was paid Transgrid... By Canstar Blues Energy content producer, Kelseigh Wrigley our people, partners. Cyclometer display with the public to safely manage works that take place our... Retailer before making a purchase decision the AERs final Report to our network extends throughout and. When the application was submitted stakeholders the basis on which the preferred option been. The Ausgrid network, there is an electricity distributor that operates across the central-east coast of new South Wales your. To network operators ) each hold an operating licence the retailer before a... Necessary for electricity through the transition to net zero emissions always, check all details of any directly. May pay significantly less tax than Australian buyers section on theAEMO project page connections to Queensland and Victoria well! Of developing the project is also expected to support regional employment and growth. Governed by a number of regulatory instruments we operate and manage the high electricity...
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