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. stream Affected residents groups from the suburbs of Leichhardt,[5] Penshurst[6][7] and East Lindfield[8][9] protested against proposed electricity infrastructure[10] being installed in front of their residential homes without proper consultation or response to complaints by the community. We previously noted that Ausgrid and the other NSW electricity distribution businesses are regarded as the least efficient in the NEM. Our directors and executive team have a wealth of combined experience across the energy industry. Strengthening the grid to deliver affordable, reliable and clean energy to customers. If you would like to register interest for future notifications of consultation, or read more about the project, please reach out to AVP and Transgrid through the contact details below. Ausgrid revised regulatory proposal - Attachment 9.02 5 the types of transmission system assets that are directly attributable to each category of prescribed transmission services; and those parts of a proposed transmission pricing methodology, or the information accompanying it that will not be publicly disclosed without the consent of the TNSP. The following chart is from the AERs final report. AVP and Transgrid have received feedback during the RIT-T process to consider undergrounding of transmission lines to mitigate specific impacts including visual amenity and bushfire risk. Alternatively, you can call Ausgrid at any time on 13 13 88. The reading is then validated and sent to your electricity retailer who calculates your final bill. container:'body', 10 0 obj According to the Ausgrid website, you should then receive a connection offer or contract within 10 business days of lodging your application. See the December 2021 progress updatefor more details. The network consists of more than 49,000 kilometres of overhead and underground powerlines, with more than 31,000 distribution substations. Targeted interconnector expansion between these . Below we have listed some of the cheapest electricity prices in New South Wales on the Ausgrid network. Accusations were also made of Ausgrid "gold plating" its business at the expense of consumers to increase the price in privatisation. Reliability and performance licence conditions - SUPERSEDED, Licence granted to the NSW Electricity Networks Operations Pty Limited, Minister's variation Signed by the Minister on 29 November 2017. 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. 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. As Ausgrid's standards are subject to ongoing review, the information contained in this document may be amended by Ausgrid at any time. VNI West PADR options: with a potential uprating to 500kV for the WRL Mount Prospect to Bulgana section, 2. 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. Since the 1950's, our network has developed to meet the growing needs of energy consumers. [3], In December 2015, a consortium called NSW Electricity Networks was the successful bidder for a 99-year lease of Transgrid's transmission network[4] for $10.3 billion. More consultation will occur early 2023, before a final decision is made. Here is some general information about when you should and should not contact Ausgrid: Bill-payers living on the New South Wales central-east coast can contact Ausgrid for a number of services including electricity connections, projects and maintenance in the area, pricing and tariff information, rooftop solar installations and faulty connections or outages. Our database may not cover all deals in your area. In essence we think that offshore buyers may pay significantly less tax than Australian buyers. Timing on the route selection process will be shared with stakeholders and community when known. New smart meters are supplied and installed by your retailers appointed provider, any questions surrounding your smart meter should be directed to your retailer. This enabled Transgrid and AVP to undertake refreshed market modelling as part of the RIT-T process and align with the 2022 Integrated System Plan (ISP) optimal development path and consider the impacts of: See the April 2022 project update for more details. <> The PADR and its attachments, and the July 2022 Project Update, can be accessed below in theResources section. The RIT-T is a formal consultation process designed to: The RIT-T consultation process has three stages: Submissions on theProject Specification Consultation Reportclosed on 13 March 2020. Its fair to say, in our view, that CKIs Australian assets have been the most efficiently run in the NEM, as judged by the AER. AusNet Services has been contracted by AEMO to delivery WRL and has been notified of our current VNI West investigation. 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. This summary is an aide only, and should not be relied upon by licence holders and other stakeholders as a substitute for thoroughly reading all relevant regulatory instruments. $("#scpopover_282170").popover({ 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. The proposed expansion will address transmission network limitations. A more technical question on the gamma allowance. We invest in building sustainable working relationships with all our procurement partners. This information may have changed over time. If not, you can select your property on the map to report an outage. 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. 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. The change in voltages occurs at substations. <> The network operates primarily at voltage levels of 500 kV, 330 kV, 220 kV and 132 kV. twitter Each meter records and displays the information differently. endobj 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. endobj 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. endobj trigger: "onclick hover", All network operators with assets in NSW must be aware of and fully comply with all their legal obligations. 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. Who owns the electricity grid in New South Wales? This standard applies to the rating of 132kV, 66kV and 33kV cables, to LV and 11kV cables that 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. endobj %PDF-1.5 SGC owns 19.9% of listed stapled security Ausnet. 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. 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. We engage with the public to safely manage works that take place near our assets. Minister's variation - Signed by the Minister on 5 February 2019. Transmission lines transport electricity at high voltages primarily to minimise energy losses. 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. You can find the meter dimensions listed below. [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%). youtube If you would like to learn more, independent consultants GHD and Stantec have finalised The HumeLink Project - Underground report. - Endeavour Energy was partially leased (50.4%) to private operators in June 2017. 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