Powering Sydney's Future secures the electricity supply for Sydneys CBD and surrounding suburbs. A decision on the connection location will be made at the time the RIT-T process is concluded, early 2023. David Leitch is principal of ITK. The decision to look at alternative locations for the connection of VNI West to WRL was driven by feedback from the community and stakeholders, with particular concerns in relation to the compatibility of the proposed terminal station location with land use in the Ballarat Bendigo area. 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. For more info: https://t.co/bZtdLPjc9L. difference to bushfire risk between overground and underground transmission lines and no significant difference to operational costs. Unfortunately, no. There are four stages of electricity supply in New South Wales generation, transmission, distribution and retail. In essence we think that offshore buyers may pay significantly less tax than Australian buyers. Once this is complete, youll need to lodge a request for a connection and define the electrical requirements of your property. 3. While you should only need to contact Ausgrid on rare occasions, it is worth keeping these numbers handy just in case you spot a fallen power line or anything goes wrong with your power supply. Transgrid's network comprises 104 bulk supply substations and more than 13,133 kilometres of high voltage transmission lines and cables. This means you can have different electricity rates for usage at different times of the day, depending on the tariff you sign up to with your electricity retailer. By leading the transition to a clean energy future, we aim to make a better power system for Australians. The diagram below has been provided for illustrative purposes only to provide an indication of the potential broad areas of interest under investigation. If you live on the central-east coast of New South Wales, your electricity distributor will be Ausgrid. In December 2019, Transgrid and AVP published the Project Specification Consultation Report (PSCR) for VNI West. 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. 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. [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. 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. 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. In December 2021, the Australian Energy Regulator granted an extension to The VNI West RIT-T Project Assessment Draft Report (PADR) publication date to 31 August 2022. Please visit AusNets website for further details of the current schedule. The electricity network and transmission lines in NSW are owned by Transgrid a privately owned company. 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. To best find out what tariff you should sign up to, you may need to visit Ausgrids Network Prices page. 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. 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. Tax efficiency is enhanced by significantly overgearing the assets. Integrating sustainability principles across our operations helps to protect our communities. In this event, the most recent standard shall prevail. 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. 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. Reliability and performance licence conditions, Transmission reliability and performance standard. We have provided links to each network operators licence (and any subsequent variations) below. The hearings for this appeal will be in October and the judgment could just possibly be delivered prior to the sale being concluded. 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. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Like the Transgrid process before it, the State would retain the legal ownership of Ausgrid's network assets. In their feedback, several stakeholders questioned the location of the connection point to the Western Renewables Link (WRL) in Victoria. The safety and welfare of our people, delivery partners, and the broader community is our highest priority. Route selection will be finalised after the regulatory test for this project is completed, and in close consultation with stakeholders and communities. That information is then sent to our systems, validated and then sent to your electricity retailer so they can calculate your bill. [7], In 2020, OMERS acquired a 19.99% stake in Transgrid from Wren House Infrastructure Management, which is part of the state-owned Kuwait Investment Authority.[8]. A power transformer is used to change the higher voltage to lower voltage. 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 should only be contacted in relation to the electricity supply at your home. endobj Below we have listed some of the cheapest electricity prices in New South Wales on the Ausgrid network. The statutory obligations relevant to network operators and our role as the regulator are governed by a number of regulatory instruments. endobj As Ausgrid's standards are subject to ongoing review, the information contained in this document may be amended by Ausgrid at any time. The actual route for any of the options has not yet been determined. This differs from the enterprise value of more than $20 billion for the . - Endeavour Energy was partially leased (50.4%) to private operators in June 2017. Transgrid participates in the Australian Energy Regulator's (AER) revenue proposal process, where submissions of the transmission network service providers . The appeal grounds around the appropriate cost of debt are much more legal, and in part, turn on whether the ACT was even entitled to consider the matter and whether the appropriate benchmark entity is a regulated utility or an unregulated entity. A new 500kV transmission line will carry electricity to customers from new generation sources. Our Community Partnerships Program benefits areas where our assets are located or under development. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. Central West Orana REZ Mt Piper to Wallerawang Transmission Network Project. 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. Below we have listed some of the important information about Ausgrid. Our database may not cover all deals in your area. It is recommended that you engage with an electrical professional when making your application to assist in picking the right connection design for you. Stay up to date. Ausgrid owns and operates a shared electricity network that powers the homes and businesses of Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. But this was not adopted by the SCER and we have ended up with the dogs breakfast served up by the appeal outcome. 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. Our database may not cover all deals in your area. Residents on the Ausgrid energy network should generally be able to choose their own electricity provider. Strengthening the grid to deliver affordable, reliable and clean energy to customers. content: `Our journalists and editors are committed to bringing you accurate, clear and detailed information, and ensuring this page gives you the full picture at the time of publication or update. [citation needed], "Treasurer blocks sale of Ausgrid to Chinese, Hong Kong bidders", "Treasurer Scott Morrison blocks sale of Ausgrid to foreign bidders", "Ausgrid sale: Baird Government sells half to Australian firms for $16 billion", "Police intervene in stand-off between Ausgrid and angry Penhurst residents", "March of the tall grey poles has residents fuming", Electricity Commission of New South Wales, 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=Ausgrid&oldid=1111334623, Government-owned companies of New South Wales, Electric power distribution network operators in Australia, Articles with unsourced statements from April 2022, Creative Commons Attribution-ShareAlike License 3.0, Richard Gross (CEO) 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. The views expressed are his own. It is possible that conflict may exist between standard documents. . Transgrid conducted a roundtable meeting with key stakeholders on 1 June 2022, providing an overview of the VNI West project and an update on its current status within the RIT-T process. Our network extends throughout NSW and the ACT, with connections to Queensland and Victoria. endstream Ausgrid has received numerous complaints and requests for better stakeholder management and consultation of the local community. Transgrid's network also connects to 20 direct connect customers, including the four distribution businesses: Endeavour Energy, Ausgrid, Evoenergy, and Essential Energy. Are governed by a number of regulatory instruments the actual route for any of the broad. A request for a connection and define the electrical requirements of your property your! Sustainability principles across our operations helps to protect our communities a better power for... 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