Long term challenges in reflecting network costs: Pricing and other solutions to manage network challenges. (feat. Network Opportunity Maps)

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Long term challenges in reflecting network costs: Pricing and other solutions to manage network challenges. (feat. Network Opportunity Maps)"

Transcription

1 Long term challenges in reflecting network costs: Pricing and other solutions to manage network challenges. (feat. Network Opportunity Maps) Chris Dunstan (Research Director, ISF) AER Tariff Structure Statement Forum 14 December, 2015

2 OVERVIEW 1. Challenges 2. Network Opportunity Maps Information for the decentralised energy era 3. Conclusions

3 CHALLENGES

4 CHALLENGES FOR COST REFLECTIVE NETWORK PRICING Locational specificity Time responsiveness: by hour, day, month, year It s not just about peak demand Low voltage network; voltage management; power factor; ramp rates; fault current, reliability, asset replacement, reliability and forecast unserved energy (USE) New technology: Solar PV, Electric Vehicles, Batteries, energy management, hydrogen & fuel cells isf.uts.edu.au

5 CENTRALISED ELECTRICITY SUPPLY: Have we already peaked? Energy efficiency Rooftop solar PV Annual Energy Forecast for the NEM (NEFR, June 2014) isf.uts.edu.au

6 PEAK DEMAND Still rising? Low load factor = higher prices Source: 2015 AEMO National Electricity Forecasting Report (NEFR) (June 2014)

7 ELECTRICITY NETWORKS: LOCATION, LOCATION, TIME Cents per kilowatt-hour (AUD 2010) Electricity prices by state (2011/12) ACT Qld NSW VIC* SA GST Carbon Price ESS/REES GGAS /Qld Gas SRES LRET FiT Metering Retail Distribution Transmission Generation Source: AEMC, Future Possible Retail Electricity Price Movements, 2011; Treasury modelling (*Vic = 2012) Networks comprise >50% power bills (nationally) Network costs are highly location & season specific Mapping can help identify priority areas for nonnetwork alternatives (Decentralised Energy) isf.uts.edu.au

8 New Technology: This is just the beginning isf.uts.edu.au

9 Decentralised Energy includes: Small Gas Generation Solar Photovoltaics Standby Generation Distributed Generation Cogeneration Peak Load Management Time of Use tariffs Ice Storage Interruptible loads Battery Storage Electric Vehicles Electric to Gas Hot Water Power factor correction Gas Chillers Fuel Cells Biomass Generation Behaviour change Efficient motors & chillers Efficient Lighting Efficient showerheads Efficiency Retrofits Energy Efficiency isf.uts.edu.au

10 THE CHANGING ELECTRICITY SECTOR How to deliver a win-win for networks (NSPs) and customers? The past Centralised supply Forecast demand Flat prices Build least cost infrastructure Little engagement with customers (end users) The future Decentralised supply Manage demand Cost reflective prices Invest in least cost supply and demand side mix Extensive engagement with customers (and retailers and service providers) Information and collaboration are key isf.uts.edu.au

11 NETWORK OPPORTUNITY MAPS

12 Wherewithin the electricity network do the most cost-effective DE opportunities exist? How much could DE be worth at these locations? Whenare the key years and times of constraint? To answer these questions, ISF created Network Opportunity Maps (AKA.the Dynamic Avoidable Network Cost Evaluation or DANCE model) isf.uts.edu.au

13 NETWORK OPPORTUNITY MAPS PROJECT A resource to show where/when to target Renewable Energy and DE technologies & services: Annually updated through streamlined process Consistently applied in every (NEM) jurisdiction Freely available on online platform Woven into Networks Demand Side Engagement Strategies isf.uts.edu.au

14 NETWORK OPPORTUNITY MAPS PROJECT Three year project, Sept 2014 Sept 2017 Funded by ARENA, UTS, NSW Govt, and Ergon Energy Formal network business partners: Ergon Energy, Electranet, TransGrid Data provision and collaboration with all NSPs in the NEM Produced on NICTA s new Australian Renewable Energy Mapping Infrastructure (AREMI) portal This is first public release of Sample Maps isf.uts.edu.au

15 PROJECT TIMELINE Sample Maps (Oct 2015) 1 st Full Iteration (May 2016) 2 nd Full Iteration (May 2017) isf.uts.edu.au

16 WHAT DATA GOES IN? All data comes from Network Service Providers For Sample Maps: generally as published in 2014 Distribution Annual Planning Reports, and 2015 Transmission Annual Planning Reports) Proposed network investments (augmentation, replacement, other) Cost of capital (WACC), depreciation NSP demand forecasts for each network asset Current capacity of lines and substations Zone substation region boundaries (+ how different assets connect) Hourly load data (load profiles)

17 WHAT MAPS COME OUT? 1. Available Capacity (MVA) 2. Planned network investment ($m) 3. Value of potentially avoidable investment ( annual deferral value; $/kvayr) 4. Peak Day Available Capacity (% exceedance in each hour) isf.uts.edu.au

18 WHAT NETWORK LEVELS ARE COVERED? Network Opportunity Maps isf.uts.edu.au

19 THE MAPS: live online See:

20 Network Opportunity Maps - Available Capacity

21 Network Opportunity Maps - Available Capacity

22 Network Opportunity Maps - Available Capacity

23 MAP 2: PROPOSED INVESTMENT [$MILLION BY YEAR] See AREMI platform:

24 MAP 2: PROPOSED INVESTMENT [$m]

25 Map 2: Proposed Investment [$m]

26 Map 2: Proposed Investment [$m] (c.f. NSW)

27 Note: Each zone has detailed clickable data

28 ANNUAL DEFERRAL VALUE [$/KVA/YEAR] x ( + )

29 Annual Deferral Value [$/kva/year]

30 Annual Deferral Value [$/kva/year]

31 Annual Deferral Value [$/kva/year]

32 Annual Deferral Value [$/kva/year]

33 Annual Deferral Value [$/kva/year]

34 Annual Deferral Value [$/kva/year]

35 MAP 4: HOURLY AVAILABLE CAPACITY (PEAK DAY- % OF FIRM CAPACITY) Compares forecast hourly demand to firm local network capacity BUT generally only provided where load is forecast to exceed capacity. Shown for peak day only (in relevant peak season). Shows Transmission, Sub-transm n & Distrib n Zone capacity. Note that this map has changed from hourly deferral value in previous network opportunity map versions.

36 Hourly available capacity- Summer Peak Day, 1pm

37 PEAK DAY (HOURLY) AVAILABLE CAPACITY MAP isf.uts.edu.au

38 PROJECT TIMELINE Sample Maps (Oct 2015) 1 st Full Iteration (May 2016) 2 nd Full Iteration (May 2017) Targeted User Feedback Short user feedback survey (see project website) isf.uts.edu.au

39 EXPECTED PROJECT OUTCOMES Meeting the information of needs the new decentralised energy era Develop a more diverse market of non-network service providers Enhance service offers and choice for customers Develop new business for NSPs in decentralised energy Demonstrate effective collaboration to deliver win-win outcomes for NSPs and customers isf.uts.edu.au

40 Victoria is well placed to lead on CRNP and DE Lower network investment in recent years Less surplus capacity Higher load at risk Tradition of probabilistic network planning Smart meter rollout means: Better understanding of network conditions More data on voltage excursions and other code noncompliance More capacity for smarter control Network businesses looking for opportunities Government desire to lead on new and clean technology isf.uts.edu.au

41 Committed 1: Decoupling (via Revenue Cap) 2: Capital Savings Incentive (CESS) 3: Contestable Metering 4: Cost reflective network pricing 5: Customer Information Proposed (DM Incentive Scheme) 6: Least cost objective 7: DM Incentive Payments Potential 8: Voluntary DM targets 9. Performance Reporting POLICY TOOLS FOR NETWORK DM isf.uts.edu.au

42 Conclusions Cost reflective pricing is crucial but not sufficient Clear accessible information is key to this more decentralised energy market The future needs more competition and more collaboration The future is in flux - flexibility is crucial Customers need better incentives - and so do utilities

43 QUESTIONS? View the maps: [click Electricity Infrastructure, Network Opportunities ISF ] Chris Dunstan, (02) Ed Langham, (02)

APRIL 2014 ELECTRICITY PRICES AND NETWORK COSTS

APRIL 2014 ELECTRICITY PRICES AND NETWORK COSTS APRIL 2014 ELECTRICITY PRICES AND NETWORK COSTS 1 WHAT MAKES UP THE RETAIL ELECTRICITY BILL? Retail electricity bills are made up of a number of components: Wholesale costs reflecting electricity generation

More information

Smart Grid, Smart City

Smart Grid, Smart City Smart Grid, Smart City National Cost Benefit Assessment 27 November, 2014 Smart Energy Forum Newcastle Institute for Energy and Resources Bob Bosler, Senior Consultant, Energeia Ranelle Cliff, Senior Project

More information

Clean Energy Council submission to Queensland Competition Authority Regulated Retail Electricity Prices for 2014-15 Interim Consultation Paper

Clean Energy Council submission to Queensland Competition Authority Regulated Retail Electricity Prices for 2014-15 Interim Consultation Paper Clean Energy Council submission to Queensland Competition Authority Regulated Retail Electricity Prices for 2014-15 Interim Consultation Paper Executive Summary The Clean Energy Council (CEC) supports

More information

Possible future retail electricity price movements: 1 July 2012 to 30 June 2015

Possible future retail electricity price movements: 1 July 2012 to 30 June 2015 ELECTRICITY PRICE TRENDS FINAL REPORT Possible future retail electricity price movements: 1 July 2012 to 30 June 2015 22 March 2013 Reference: EPR0029 Electricity price trends report EMBARGO until 22 March

More information

Causes of residential electricity bill changes in Victoria, 1995 to 2013. prepared for: Victorian Electricity Distribution Businesses

Causes of residential electricity bill changes in Victoria, 1995 to 2013. prepared for: Victorian Electricity Distribution Businesses Causes of residential electricity bill changes in Victoria, 1995 to 2013 prepared for: Victorian Electricity Distribution Businesses DISCLAIMER This report has been prepared for the Victorian electricity

More information

Personal Power Stations: The Australian Market for Micro-Combined Heat and Power to 2021

Personal Power Stations: The Australian Market for Micro-Combined Heat and Power to 2021 Personal Power Stations: The Australian Market for Micro-Combined Heat and Power to 2021 A Private Report for Strategic Research Clients 1.0 Overview Personal power plant technology could cost effectively

More information

AEMC Electricity Price Trends report released

AEMC Electricity Price Trends report released AEMC Electricity Price Trends report released AUSTRALIAN ENERGY MARKET COMMISSION LEVEL 5, 201 ELIZABETH STREET SYDNEY NSW 2000 T: 02 8296 7800 E: AEMC@AEMC.GOV.AU W: WWW.AEMC.GOV.AU The Australian Energy

More information

Submission on the Senate Inquiry into the performance and management of electricity network companies

Submission on the Senate Inquiry into the performance and management of electricity network companies Submission on the Senate Inquiry into the performance and management of electricity network companies 18 December 2014 Submission on the Senate Inquiry into The performance and management of electricity

More information

INSTITUTE FOR SUSTAINABLE FUTURES NSW BUSINESS ENERGY PRICES TO 2020

INSTITUTE FOR SUSTAINABLE FUTURES NSW BUSINESS ENERGY PRICES TO 2020 INSTITUTE FOR SUSTAINABLE FUTURES NSW BUSINESS ENERGY PRICES TO 2020 NSW business energy prices to 2020 FINAL REPORT Revision 1 FOR THE NSW OFFICE OF ENVIRONMENT AND HERITAGE AUTHORS NICKY ISON, JAY RUTOVITZ

More information

state of the energy market 2012

state of the energy market 2012 State of the energy market 2012 state of the energy market 2012 Australian Energy Regulator Level 35, The Tower, 360 Elizabeth Street, Melbourne Central, Melbourne, Victoria 3000 Email: AERInquiry@aer.gov.au

More information

Revenue proposal 2014/15 2018/19. responsive efficient price aware

Revenue proposal 2014/15 2018/19. responsive efficient price aware Revenue proposal 2014/15 2018/19 responsive efficient price aware TRANSGRID REVENUE PROPOSAL 2014/15-2018/19 Contents 1. 2. 3. Executive Summary 1.1 Capital Expenditure 7 1.2 Operating Expenditure 9 1.3

More information

The primary reason for JEN making this request is that the F&A paper that was published on 29 May 2009 (old F&A paper) is outdated.

The primary reason for JEN making this request is that the F&A paper that was published on 29 May 2009 (old F&A paper) is outdated. 30 January 2014 By email: chris.pattas@aer.gov.au Mr Chris Pattas General Manager - Network Operations and Development Australian Energy Regulator Level 35, 360 Elizabeth Street Melbourne Victoria 3000

More information

Tech Talk. Smart metering update Successful rollout. Connection Standards newsletter December 2013. Contents. To all Registered Electrical Contractors

Tech Talk. Smart metering update Successful rollout. Connection Standards newsletter December 2013. Contents. To all Registered Electrical Contractors BLEED BLEED Connection Standards newsletter December 2013 Contents Smart metering update Successful rollout Flexible pricing A major benefit of the smart meter program Business flexible pricing New residential

More information

Off-grid Hybrid Solar: Market Overview, Business Case & Technical Considerations

Off-grid Hybrid Solar: Market Overview, Business Case & Technical Considerations Off-grid Hybrid Solar: Market Overview, Business Case & Technical Considerations Craig Chambers AECOM Australia Pty Ltd of 420 George Street, Sydney, NSW 2000 Australia Keywords : Solar PV, sustainability,

More information

NSW Electricity Network and Prices Inquiry. Final Report

NSW Electricity Network and Prices Inquiry. Final Report Final Report December 2010 Contents 1 Introduction and overview... 3 1.1 Current trends in electricity prices... 3 1.2 The drivers of price increases... 3 1.3 Summary of options for easing pressure on

More information

NATIONAL ELECTRICITY FORECASTING REPORT FOR THE NATIONAL ELECTRICITY MARKET

NATIONAL ELECTRICITY FORECASTING REPORT FOR THE NATIONAL ELECTRICITY MARKET NATIONAL ELECTRICITY FORECASTING REPORT FOR THE NATIONAL ELECTRICITY MARKET Published: JUNE 2014 Copyright 2014. Australian Energy Market Operator Limited. The material in this publication may be used

More information

2018-22 POWERLiNK QUEENSLAND REvENUE PROPOSAL

2018-22 POWERLiNK QUEENSLAND REvENUE PROPOSAL 2018-22 POWERLiNK QUEENSLAND REvENUE PROPOSAL Delivering better value POWERLINK QUEENSLAND Revenue Proposal Executive Summary This Revenue Proposal provides details of the Queensland Electricity Transmission

More information

Understanding what is happening to electricity demand

Understanding what is happening to electricity demand Understanding what is happening to electricity demand Hugh Saddler Centre for Climate Economics and Policy Seminar Crawford School, ANU 26 August 2015 TWh TWh Changes in sent out electricity since 2006

More information

2013 Residential Electricity Price Trends

2013 Residential Electricity Price Trends FINAL REPORT 2013 Residential Electricity Price Trends 13 December 2013 Reference: EPR0036 Final Report Inquiries Australian Energy Market Commission PO Box A2449 Sydney South NSW 1235 E: aemc@aemc.gov.au

More information

Dorrien and Nuriootpa 33/11kV Substations N-1 Capacity Constraint

Dorrien and Nuriootpa 33/11kV Substations N-1 Capacity Constraint SA Power Networks www.sapowernetworks.com.au Reasonableness Test RT 005/13 Dorrien and Nuriootpa 33/11kV Substations N-1 Capacity Constraint RT 005-13 Dorrien and Nuriootpa Page 1 of 11 DISCLAIMER The

More information

Causes of residential electricity bill changes in Victoria, 1995 to 2014. prepared for: Victorian Electricity Distribution Businesses

Causes of residential electricity bill changes in Victoria, 1995 to 2014. prepared for: Victorian Electricity Distribution Businesses Causes of residential electricity bill changes in Victoria, 1995 to 2014 prepared for: Victorian Electricity Distribution Businesses DISCLAIMER This report has been prepared for the Victorian Electricity

More information

NATIONAL ELECTRICITY FORECASTING REPORT OVERVIEW FOR THE NATIONAL ELECTRICITY MARKET

NATIONAL ELECTRICITY FORECASTING REPORT OVERVIEW FOR THE NATIONAL ELECTRICITY MARKET NATIONAL ELECTRICITY FORECASTING REPORT OVERVIEW FOR THE NATIONAL ELECTRICITY MARKET Published: June 2015 IMPORTANT NOTICE Purpose AEMO has prepared this document in connection with its national transmission

More information

2015 Retail Competition Review Approach Paper

2015 Retail Competition Review Approach Paper AGL Energy Limited ABN: 74 115 061 375 Level 22, 101 Miller St North Sydney NSW 2060 Locked Bag 1837 St Leonards NSW 2065 T: 02 9921 2999 F: 02 9921 2552 www.agl.com.au 19 February 2015 Australian Energy

More information

Reasonableness Test RT 003/13 Gawler Belt 33/11kV Substation N-1 Capacity Constraint

Reasonableness Test RT 003/13 Gawler Belt 33/11kV Substation N-1 Capacity Constraint Reasonableness Test: Bungama to Peterborough 33kV Line Voltage RT 006/12 Issue 1.0 July 2012 SA Power Networks www.sapowernetworks.com.au Reasonableness Test RT 003/13 Gawler Belt 33/11kV Substation N-1

More information

Report to AGEA. Comparative Costs of Electricity Generation Technologies. February 2009. Ref: J1721

Report to AGEA. Comparative Costs of Electricity Generation Technologies. February 2009. Ref: J1721 Report to AGEA Comparative Costs of Electricity Generation Technologies February 2009 Ref: J1721 Project Team Walter Gerardi Antoine Nsair Melbourne Office Brisbane Office 242 Ferrars Street GPO Box 2421

More information

2014 Residential Electricity Price Trends

2014 Residential Electricity Price Trends FINAL REPORT 2014 Residential Electricity Price Trends To COAG Energy Council 5 December 2014 Reference: EPR0040 2014 Residential Price Trends Inquiries Australian Energy Market Commission PO Box A2449

More information

PV INTEGRATION ON AUSTRALIAN DISTRIBUTION NETWORKS

PV INTEGRATION ON AUSTRALIAN DISTRIBUTION NETWORKS PV INTEGRATION ON AUSTRALIAN DISTRIBUTION NETWORKS Literature Review By The Australian PV Association September 2013 Author: Ben Noone, Centre for Energy and Environmental Markets, University of NSW ACKNOWLEDGEMENTS

More information

Retail Tariffs. Business, Irrigation and Farming Tariffs

Retail Tariffs. Business, Irrigation and Farming Tariffs Retail Tariffs Business, Irrigation and Farming Tariffs Background on Ergon Energy Qld Retail Tariffs The Queensland Competition Authority (QCA) has been delegated the task of determining notified prices

More information

Impact of renewable energy and carbon pricing policies on retail electricity prices (update)

Impact of renewable energy and carbon pricing policies on retail electricity prices (update) A.B.N. 54 091 533 621 Report () to retail electricity prices (update) VERSION HISTORY Version History Revision Date Issued Prepared By Approved By Revision Type 1 2011-02-14 Jenny Riesz Richard Bean Ian

More information

A=RAUSTRALIAN. Draft decision. TransGrid transmission determination. 2015-16 to 2017-18. Attachment 8: Corporate income tax.

A=RAUSTRALIAN. Draft decision. TransGrid transmission determination. 2015-16 to 2017-18. Attachment 8: Corporate income tax. END.028.001.0047 Draft decision TransGrid transmission determination 2015-16 to 2017-18 Attachment 8: Corporate income tax November 2014 ENERGY A=RAUSTRALIAN REGULATOR END.028.001.0047_002 Commonwealth

More information

Page 1 of 11. F u t u r e M e l b o u r n e C o m m i t t e e Agenda Item 7.1. Notice of Motion: Cr Wood, Renewable Energy Target 9 September 2014

Page 1 of 11. F u t u r e M e l b o u r n e C o m m i t t e e Agenda Item 7.1. Notice of Motion: Cr Wood, Renewable Energy Target 9 September 2014 Page 1 of 11 F u t u r e M e l b o u r n e C o m m i t t e e Agenda Item 7.1 Notice of Motion: Cr Wood, Renewable Energy Target 9 September 2014 Motion 1. That Council resolves that the Chair of the Environment

More information

Report on impact of the Renewable Energy Target on power prices

Report on impact of the Renewable Energy Target on power prices Report on impact of the Renewable Energy Target on power prices This Report has been prepared for the REC Agents Association (RAA) a national industry association representing companies that create and

More information

Your gas invoice explained.

Your gas invoice explained. Your gas invoice explained. At AGL we are always looking for ways to improve the service we offer our customers. Providing you with comprehensive usage and billing information that is up-to-date, easy

More information

Committee on the Northern Territory s Energy Future. Electricity Pricing Options. Submission from Power and Water Corporation

Committee on the Northern Territory s Energy Future. Electricity Pricing Options. Submission from Power and Water Corporation Committee on the Northern Territory s Energy Future Electricity Pricing Options Submission from Power and Water Corporation October 2014 Power and Water Corporation 1. INTRODUCTION On 21 August 2014, the

More information

SUBMISSION TO THE QUEENSLAND PRODUCTIVITY COMMISSION ISSUES PAPER ON SOLAR FEED IN PRICING IN QUEENSLAND

SUBMISSION TO THE QUEENSLAND PRODUCTIVITY COMMISSION ISSUES PAPER ON SOLAR FEED IN PRICING IN QUEENSLAND SUBMISSION TO THE QUEENSLAND PRODUCTIVITY COMMISSION ISSUES PAPER ON SOLAR FEED IN PRICING IN QUEENSLAND ui CHAMBER OF COMMERCE AND INDUSTRY QUEENSLAND SUBMISSION 23 November 2015 1 CONTENTS 1.0 OVERVIEW...3

More information

Reducing electricity costs through Demand Response in the National Electricity Market

Reducing electricity costs through Demand Response in the National Electricity Market Reducing electricity costs through Demand Response in the National Electricity Market A report funded by EnerNOC CME is an energy economics consultancy focused on Australia's electricity, gas and renewables

More information

Australian Energy Market Commission

Australian Energy Market Commission Australian Energy Market Commission Level 6, 201 Elizabeth Street Sydney NSW 2000 PO Box A2449, Sydney South NSW 1235 P 02 8296 7800 F 02 8296 7899 E aemc@aemc.gov.au ABN 49 236 270 144 www.aemc.gov.au

More information

Policy options for maximising downward pressure on electricity prices

Policy options for maximising downward pressure on electricity prices Policy options for maximising downward pressure on electricity prices DISCLAIMER This report has been prepared for the following organisations - Australian Industry Group - Brotherhood St Laurence - CHOICE

More information

Network Capability Proposal

Network Capability Proposal 28 January 2015 South Australia s electricity transmission specialist Network Capability Proposal Stakeholder Round Table Simon Appleby, SM Regulation & Land Development Bill Jackson, Pricing Manager Brad

More information

Fair pricing for power

Fair pricing for power July 2014 Fair pricing for power Tony Wood and Lucy Carter The housing we d choose Grattan Institute Support Grattan Institute Report No. 2014-8, July 2014 This report was written by Tony Wood, Grattan

More information

Port Jackson Partners

Port Jackson Partners Port Jackson Partners NOT JUST A CARBON HIT ON ELECTRICITY PRICES Many factors will drive a doubling of electricity prices in many states by 15. This will have a major impact on virtually all businesses.

More information

Smart Grids. MIECF Conference April 2011

Smart Grids. MIECF Conference April 2011 Smart Grids MIECF Conference April 2011 Introduction Introduction to Ausgrid s Smart Grid Program Overview of the Smart Grid, Smart City initiative Details on each application area for the project Smart

More information

Response to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY

Response to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY Response to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY i P a g e www.energym adeclean.com CONTENTS

More information

FACT SHEET. NEM fast facts:

FACT SHEET. NEM fast facts: (NEM) operates on one of the world s longest interconnected power systems, stretching from Port Douglas in Queensland to Port Lincoln in South Australia and across the Bass Strait to Tasmania a distance

More information

Australian Remote Renewables: Opportunities for Investment

Australian Remote Renewables: Opportunities for Investment Australian Remote Renewables: Opportunities for Investment The largely untapped remote clean energy market and funding support available from the Australian Government creates an attractive opportunity

More information

Understanding Network Tariff Reform

Understanding Network Tariff Reform Understanding Network Tariff Reform A guide for small to medium business and residential customers who use less than 100MWh of electricity a year Ergon Energy is restructuring the way it charges for the

More information

Updated SCER Demand Side Participation Program December 2013

Updated SCER Demand Side Participation Program December 2013 Updated SCER Demand Side Participation Program December 2013 The Standing Council on Energy and Resources (SCER) has adopted this framework to guide its demand side participation (DSP) work. The framework

More information

Western Australia and the Northern Territory are not connected to the NEM, primarily due to the distance between networks.

Western Australia and the Northern Territory are not connected to the NEM, primarily due to the distance between networks. Australia has one of the world s longest alternating current (AC) systems, stretching from Port Douglas in Queensland to Port Lincoln in South Australia and across the Bass Strait to Tasmania a distance

More information

Electricity network services. Long-term trends in prices and costs

Electricity network services. Long-term trends in prices and costs Electricity network services Long-term trends in prices and costs Contents Executive summary 3 Background 4 Trends in network prices and service 6 Trends in underlying network costs 11 Executive summary

More information

ENA Position Paper DECEMBER 2014 TOWARDS A NATIONAL APPROACH TO ELECTRICITY NETWORK TARIFF REFORM

ENA Position Paper DECEMBER 2014 TOWARDS A NATIONAL APPROACH TO ELECTRICITY NETWORK TARIFF REFORM ENA Position Paper DECEMBER 2014 TOWARDS A NATIONAL APPROACH TO ELECTRICITY NETWORK TARIFF REFORM CONTENTS EXECUTIVE SUMMARY WHAT S AT STAKE FOR CUSTOMERS? CURRENT MEASURES ARE INSUFFICIENT A NATIONAL

More information

5/27/2015. Overview of Energy Storage Value Propositions and Business Cases. Utility Cost-Function: Foundation of Energy Storage Economics.

5/27/2015. Overview of Energy Storage Value Propositions and Business Cases. Utility Cost-Function: Foundation of Energy Storage Economics. Overview of Energy Storage Value Propositions and Business Cases Ben Kaun Senior Project Manager ESA Energy Storage 101 Workshop Agenda Utility Cost-Function: Foundation of Energy Storage Economics Utility

More information

Report. Analysis of. Queensland Government. Electricity Sector Cash Flows

Report. Analysis of. Queensland Government. Electricity Sector Cash Flows Analysis of Queensland Government Electricity Sector Cash Flows February 2014 Analysis of Queensland Government Electricity Sector Cash Flows February 2014 David Spearritt Director ORION Consulting Network

More information

Renewable and Alternative Energy Outlook

Renewable and Alternative Energy Outlook Renewable and Alternative Energy Outlook Mary Doswell Senior Vice President Alternative Energy Solutions Governor s Conference on Energy October 13, 2010 Dominion: One of America s Leading Energy Companies

More information

Priority Target Performance measure Ensure a reliable

Priority Target Performance measure Ensure a reliable ENERGY Energy policy The NSW Government s priorities for energy as identified in the State Plan are to ensure a reliable electricity supply, and develop a clean energy future. The table below identifies

More information

Pricing Methodology 1. 1 July 2009 to 30 June 2014. April 2010

Pricing Methodology 1. 1 July 2009 to 30 June 2014. April 2010 Pricing Methodology 1 1 July 2009 to 30 June 2014 April 2010 1 TransGrid s Pricing Methodology as approved by the Australian Energy Regulator ( AER ). This document outlines the pricing methodology that

More information

Past and projected future components of electricity supply to the ACT, and resultant emissions intensity of electricity supplied

Past and projected future components of electricity supply to the ACT, and resultant emissions intensity of electricity supplied Past and projected future components of electricity supply to the ACT, and resultant emissions intensity of electricity supplied transport community industrial & mining carbon & energy Prepared for: ACT

More information

Ausgrid Demand Management CoolSaver Interim Report

Ausgrid Demand Management CoolSaver Interim Report Ausgrid Demand Management CoolSaver Interim Report September 2015 www.ausgrid.com.au/coolsaver Page 1 Contents 1 EXECUTIVE SUMMARY... 3 2 PROJECT BACKGROUND... 4 2.1 Impact of residential air conditioners

More information

Energy markets current challenges for Victoria. Mark Feather Executive Director, Energy Sector Development

Energy markets current challenges for Victoria. Mark Feather Executive Director, Energy Sector Development Energy markets current challenges for Victoria Mark Feather Executive Director, Energy Sector Development Today s presentation Network tariffs drivers for reform Gas market reform Retail competition in

More information

Power of choice review - giving consumers options in the way they use electricity

Power of choice review - giving consumers options in the way they use electricity FINAL REPORT Power of choice review - giving consumers options in the way they use electricity 30 November 2012 Reference: EPR0022 Final Report Inquiries Australian Energy Market Commission PO Box A2449

More information

Load profiling for settlement of accumulation meters. Power of Choice Stakeholders Reference Group Third Meeting Melbourne, 11 May 2012

Load profiling for settlement of accumulation meters. Power of Choice Stakeholders Reference Group Third Meeting Melbourne, 11 May 2012 Load profiling for settlement of accumulation meters Power of Choice Stakeholders Reference Group Third Meeting Melbourne, 11 May 2012 Current AEMO procedure Used to settle non-interval metered consumption

More information

Understanding your Electricity Bill

Understanding your Electricity Bill Brisbane PO Box 137, Greenslopes LPO, QLD 4120 P: +61 7 3367 1300 Melbourne PO Box 118, Emerald VIC 3782 P: +61 3 5968 2117 Adelaide PO Box 108, Dernancourt SA 5075 P: +61 407 945 547 www.solsticeservices.com.au

More information

AusNet Electricity Services Pty Ltd. Tariff Structure Statement 2017-20

AusNet Electricity Services Pty Ltd. Tariff Structure Statement 2017-20 AusNet Electricity Services Pty Ltd Submitted: 26 October 2015 About AusNet Services AusNet Services is a major energy network business that owns and operates key regulated electricity transmission and

More information

Distributed Energy Resource Services and Pricing Caltech Resnick Ins;tute Grid 2020 Seminar

Distributed Energy Resource Services and Pricing Caltech Resnick Ins;tute Grid 2020 Seminar Distributed Energy Resource Services and Pricing Caltech Resnick Ins;tute Grid 2020 Seminar Ali Ipakchi VP, Smart Grid and Green Power February 21, 2013 Trade Secret This document and attachments contain

More information

Shape our energy future together

Shape our energy future together Shape our energy future together Regulatory Proposal Overview 2016-20 unitedenergy.engagementhq.com At United Energy, we are committed to meeting our customers electricity needs. We re on a journey to

More information

The Virtual Power Station - achieving dispatchable generation from small scale solar

The Virtual Power Station - achieving dispatchable generation from small scale solar The Virtual Power Station - achieving dispatchable generation from small scale solar John K Ward, Tim Moore, Stephen Lindsay CSIRO Energy Technology, Newcastle, NSW 24 Australia Keywords: forecasting,

More information

Alice Miller Energy Consultant September 28, 2011

Alice Miller Energy Consultant September 28, 2011 Rate Design and Billing Systems Alice Miller Energy Consultant September 28, 2011 What is Rate Design? Principal goals of rate design Meet revenue requirement Equity among service classes Customer impacts

More information

Becoming an Electricity Retailer

Becoming an Electricity Retailer Becoming an Electricity Retailer RDANI is investigating renewable energy options in our region, with the view to improving business competitiveness through lower energy costs, minimising the carbon tax

More information

Energy Productivity & Pricing

Energy Productivity & Pricing Energy Productivity & Pricing Markets for energy, renewable energy and carbon Dr Jenny Riesz February 2014 2 Average electricity retail prices Electricity price rises CSIRO Future Grid (2013) Change and

More information

Tasmanian Transmission Revenue Proposal

Tasmanian Transmission Revenue Proposal Tasmanian Transmission Revenue Proposal An overview for Tasmanian electricity consumers Regulatory control period 1 July 2014 30 June 2019 Tasmanian Networks Pty Ltd About TasNetworks We are Tasmania s

More information

REGULATED RETAIL ELECTRICITY PRICES 2013-14

REGULATED RETAIL ELECTRICITY PRICES 2013-14 REGULATED RETAIL ELECTRICITY PRICES 2013-14 Submission to the Queensland Competition Authority: March 2013 CHAMBER OF COMMERCE AND INDUSTRY QUEENSLAND Chamber of Commerce & Industry Queensland CCIQ Submission

More information

ELECTRICITY FINAL BUDGET AND FEES: 2016-17

ELECTRICITY FINAL BUDGET AND FEES: 2016-17 ELECTRICITY FINAL BUDGET AND FEES: 2016-17 Published: May 2016 CONTENTS EXECUTIVE SUMMARY 4 1.1 Introduction 4 1.2 Key messages 4 1.3 2016-17 fees 5 1.4 Budget contacts 5 NATIONAL ELECTRICITY MARKET 6

More information

Benefit of the Renewable Energy Target to Australia s Energy Markets and Economy Report to the Clean Energy Council

Benefit of the Renewable Energy Target to Australia s Energy Markets and Economy Report to the Clean Energy Council Benefit of the Renewable Energy Target to Australia s Energy Markets and Economy Report to the Clean Energy Council August 2012 BENEFITS OF THE RENEWABLE ENERGY TARGET Contents Executive Summary 1 1. Introduction

More information

UNDERSTANDING ENERGY BILLS & TARRIFS

UNDERSTANDING ENERGY BILLS & TARRIFS UNDERSTANDING ENERGY BILLS & TARRIFS as part of the Energy Efficiency Information Grants Program Reading and understanding your energy and gas bills is a good first step to help you to identify where you

More information

Austin Energy Quarterly Report. Austin Energy. April 26, 2011. Mission: Deliver clean, affordable, reliable energy and excellent customer service.

Austin Energy Quarterly Report. Austin Energy. April 26, 2011. Mission: Deliver clean, affordable, reliable energy and excellent customer service. Austin Energy Quarterly Report Austin Energy April 26, 2011 Mission: Deliver clean, affordable, reliable energy and excellent customer service. Agenda Electric Rate Design Status Report Residential Rate

More information

Ausgrid Network Pricing Proposal For the Financial Year Ending June 2013. May 2012

Ausgrid Network Pricing Proposal For the Financial Year Ending June 2013. May 2012 Ausgrid Network Pricing Proposal For the Financial Year Ending June 2013 May 2012 Table of Contents PART 1 APPROACH TO PRICE SETTING 1. INTRODUCTION AND OVERVIEW... 4 2. BACKGROUND... 6 3. PRICING METHODOLOGY...

More information

Re: The Performance and Management of Electricity Network Companies

Re: The Performance and Management of Electricity Network Companies Committee Secretary Senate Standing Committees on Environment and Communications PO BOX 6100 Parliament House Canberra ACT 2600 January 2015 Re: The Performance and Management of Electricity Network Companies

More information

The Electricity Grid. The why, the where and the future. 26 March 2015. Dr Robert Barr AM. Sothern Highlands & Tablelands Group Engineers Australia

The Electricity Grid. The why, the where and the future. 26 March 2015. Dr Robert Barr AM. Sothern Highlands & Tablelands Group Engineers Australia The Electricity Grid The why, the where and the future 26 March 2015 Sothern Highlands & Tablelands Group Engineers Australia Dr Robert Barr AM 2015 1 02. Distribution Network Components 2 02. Distribution

More information

Smart Grid, Smart City Program Update. Community Stakeholder Reference Group Meeting 23 November 2011

Smart Grid, Smart City Program Update. Community Stakeholder Reference Group Meeting 23 November 2011 Smart Grid, Smart City Program Update Community Stakeholder Reference Group Meeting 23 November 2011 Smart Metering Infrastructure Continuation of meter testing processes Commencement of roll-out for Network

More information

Energy Price Fact Sheet. Red Energy FIT. Standing Offer - Business - Energy Made Easy Reference RED79307SS

Energy Price Fact Sheet. Red Energy FIT. Standing Offer - Business - Energy Made Easy Reference RED79307SS Australian owned and operated energy provider Energy Price Fact Sheet Red Energy Standing Offer - Business - Energy Made Easy Reference RED79307SS Why you should choose Red Energy Award-winning customer

More information

NATIONAL ELECTRICITY FORECASTING REPORT. For the National Electricity Market

NATIONAL ELECTRICITY FORECASTING REPORT. For the National Electricity Market NATIONAL ELECTRICITY FORECASTING REPORT For the National Electricity Market 2013 NATIONAL ELECTRICITY FORECASTING REPORT Important Notice This document is subject to an important disclaimer that limits

More information

Infigen Energy Energy 2013 conference Renewable Energy Helping Electricity Customers Regain Some Control

Infigen Energy Energy 2013 conference Renewable Energy Helping Electricity Customers Regain Some Control Infigen Energy Energy 2013 conference Renewable Energy Helping Electricity Customers Regain Some Control 20 March 2013 Agenda Agenda Arial Bold 28pt Infigen Overview The Importance of the RET Market Drivers

More information

Submission to the Queensland Competition Authority. Regulated Retail Electricity Prices 2013-14 Transitional Issues & Cost Components and Other Issues

Submission to the Queensland Competition Authority. Regulated Retail Electricity Prices 2013-14 Transitional Issues & Cost Components and Other Issues Submission to the Queensland Competition Authority Transitional Issues & Cost Components and Other Issues January 2013 Queensland Farmers Federation Ltd. A.C.N. 055 764 488 A.B.N. 44 055 764 488 PO Box

More information

Email: COAGTaskforce@finance.gov.au. Re: COAG Taskforce on regulatory and competition reform

Email: COAGTaskforce@finance.gov.au. Re: COAG Taskforce on regulatory and competition reform Ms Susan Page COAG Taskforce Secretariat Deregulation Group Department of Finance and Deregulation John Gorton Building, King Edward Terrace PARKS ACT 2600 Email: COAGTaskforce@finance.gov.au Re: COAG

More information

THE AUSTRALIAN NATIONAL ELECTRICITY MARKET: CHOOSING A NEW FUTURE

THE AUSTRALIAN NATIONAL ELECTRICITY MARKET: CHOOSING A NEW FUTURE Australian Energy Market Commission THE AUSTRALIAN NATIONAL ELECTRICITY MARKET: CHOOSING A NEW FUTURE World Energy Forum 13-16 May 2012 Quebec City, Canada Conference Paper John Pierce Chairman 1 Inquiries

More information

NEW COMMERCIAL Rates. Understanding the. Commercial Customers

NEW COMMERCIAL Rates. Understanding the. Commercial Customers Understanding the NEW COMMERCIAL Rates The Austin City Council increased Austin Energy s base rates, which pay for operations and maintenance, for the first time in 18 years. The new rates, which amount

More information

Large Customer Connection Enquiry Form

Large Customer Connection Enquiry Form Page 1 of 6 Large Customer Connection Enquiry Form (For the Connection of Loads and Generators) Please complete all Mandatory Fields * and as much detail as possible to ensure Energex can meet your requirements.

More information

Energy Price Fact Sheet

Energy Price Fact Sheet Tariff 20 - ERG69764RS Small Business Electricity Ergon Single rate Regulated offer 01-Jul-2015 Tariff 20 Business General Supply 1st July to 30th June All consumption. Anytime All consumption 22.481 cents

More information

The Commercial Context for Integrating Wind Energy into the Australian National Electricity Market

The Commercial Context for Integrating Wind Energy into the Australian National Electricity Market Various contexts of wind energy integration Social policies & priorities GLOBAL WINDPOWER 06 Adelaide, September 2006 The Commercial Context for Integrating Wind Energy into the Australian National Electricity

More information

Current transmission reliability and planning frameworks

Current transmission reliability and planning frameworks F Current transmission reliability and planning frameworks In this appendix, the current and proposed frameworks to develop reliability standards across the National Electricity Market (NEM) are assessed

More information

Energy Storage Systems. New solutions for a new energy environment

Energy Storage Systems. New solutions for a new energy environment Energy Storage Systems New solutions for a new energy environment Facilitating the integration of renewable energy The increase in the quantity of electricity produced by renewable sources is creating

More information

Promoting the long term interests of electricity customers. IPART s submission SCER on network policies and regulation

Promoting the long term interests of electricity customers. IPART s submission SCER on network policies and regulation Promoting the long term interests of electricity customers IPART s submission SCER on network policies and regulation Electricity October 2012 Inquiries regarding this document should be directed to a

More information

Imperial Irrigation District Energy Consumers Advisory Committee Agenda Report

Imperial Irrigation District Energy Consumers Advisory Committee Agenda Report Imperial Irrigation District Energy Consumers Advisory Committee Agenda Report 58 TO: FROM: ECAC Members Raquel Pena, superintendent, Strategic Business Development SUBJECT: Feed-in Tariff Power Purchase

More information

Verification of NSW Energy Efficiency Programs. Charles Xu

Verification of NSW Energy Efficiency Programs. Charles Xu Evaluation Measurement & Verification of NSW Energy Efficiency Programs Charles Xu Overview Evaluation objective / rationale for reliable information First stage savings verification outcomes Current activities

More information

Overview of Long Island Electric Service Territory

Overview of Long Island Electric Service Territory Overview of Long Island Electric Service Territory Long Island Electric Service Territory┬╗ Long Island s electric service customers are located in Nassau County and Suffolk County (except for the villages

More information

Appendix B: Capital expenditure forecasts for Standard Control Services

Appendix B: Capital expenditure forecasts for Standard Control Services Appendix B: Capital expenditure forecasts for Standard Control Services Introduction Our capital expenditure forecasts are focused on continuing to give our customers a safe, dependable service, and increasingly

More information

Impact of green energy policies on electricity prices

Impact of green energy policies on electricity prices Impact of green energy policies on electricity prices July 2014 Synergies Economic Consulting Pty Ltd www.synergies.com.au Disclaimer Synergies Economic Consulting (Synergies) and ROAM Consulting (ROAM)

More information

Evolution of the smart grid in China

Evolution of the smart grid in China 18 Evolution of the smart grid in China Development of this enormous market could shape the future of the smart grid globally. David Xu, Michael Wang, Claudia Wu, and Kevin Chan China has become the world

More information

FINANCIAL SUPPORT PROGRAMS

FINANCIAL SUPPORT PROGRAMS 9 FINANCIAL SUPPORT PROGRAMS 108 9 FINANCIAL SUPPORT PROGRAMS 9 FINANCIAL SUPPORT PROGRAMS There are a number of Government support mechanisms to help reduce the barriers to undertaking action on energy

More information

TABLE OF CONTENTS. Western Power: EMR Submission. NETWORKS Page 2 16

TABLE OF CONTENTS. Western Power: EMR Submission. NETWORKS Page 2 16 TABLE OF CONTENTS FOREWORD FROM THE CEO... 3 SECTION 1 BACKGROUND... 4 SECTION 2 ELECTRICITY MARKET REVIEW QUESTIONS... 9 SECTION 3 CONSIDERATIONS FOR THE FUTURE... 14 Note: All years noted in this document

More information