‘… The EUAA has been a strong supporter over many years of the Gas Market reforms that followed confirmation in the first ACCC Gas report in April 20161 that all parts of the gas supply chain were exercising market power. In the area of gas pipeline reforms, we have been strong supporter of the various […]
‘… Recognising that the current version of the CIS has significantly expanded objectives both in scope and scale (23GW of generation and 9GW dispatchable capacity) we remain concerned that dispatchable capacity aspect of the CIS will tend to support relatively short duration storage (i.e. 2-6-hour batteries). While this may be acceptable within the context of recent […]
‘… AEMO are proposing to change both the model for calculation of the forecasting uncertainty measure (FUM) and add an additional time of day input variable. The use of the FUM is a critical component in the declaration of a forecast lack of reserve in the short term projected assessment of system adequacy (ST PASA) […]
The release of the 2024 Gas Statement of Opportunities (GSOO) by the Australian Energy Market Operator (AEMO) yet again highlights the need for urgent and decisive action to secure future energy supplies. The 2024 GSOO highlights that new investment is urgently needed if gas supply from 2028 is to keep up with demand from homes […]
Held annually in Melbourne over two days, Power + Utilities Australia is key forum bringing together opposing voices, a diversity of opinions and experiences, to have difficult conversations around the energy transition. The EUAA has partnered with the organisers this year who, through their Leadership Summit, connect industry to facilitate conversations, share ideas, join the […]
‘…The EUAA support the pursuit of net zero targets but this must be achieved at least cost, not at any cost. Additionally, we seek an equitable allocation of the costs and risks associated with the transition as all too often energy consumers are expected to carry the heavy weight of market (i.e. shareholder and/or debt […]
‘… The EUAA understands that the forecasting assumptions presented in the Draft Update are used in AEMO’s planning forecasting, i.e. the Electricity Statement of Opportunities (ESOO) and Integrated System Plan (ISP) and builds on the latest ISP related Inputs, Assumptions and Scenarios Report (IASR) published in 2023. Therefore, while the update assumptions that come out […]
‘…Thank you for the opportunity to make a submission for AEMC’s Draft Determination for the Enhancing Reserve Information (formerly the Operating Reserve Market) rule change. This submission supports the submission made by EUAA Supporting Member, Shell Energy on this matter. EUAA is supportive of the AEMC’s draft determination in that: the AEMC will not proceed […]
‘… Thank you for the opportunity to make a submission under the Forecast Accuracy Report (FAR) Methodology. The EUAA understands that currently the FAR reviews the accuracy of forecasting in medium-term to planning time-frames, including the Electricity Statement of Opportunity (ESOO), Medium Term Projected Assessment of System Adequacy (MT PASA), large industrial load (LIL), demand […]
‘… The EUAA understands that currently the FAR reviews the accuracy of forecasting in medium-term to planning time-frames, including the Electricity Statement of Opportunity (ESOO), Medium Term Projected Assessment of System Adequacy (MT PASA), large industrial load (LIL), demand response (DR), Retailer Reliability Obligation (RRO), the Integrated System Plan (ISP) etc. The EUAA considers that the […]
‘… As we transition from a highly centralised generation system dominated by dispatchable thermal resources to a highly decentralised system dominated by Variable Renewable Energy (VRE) resources a number of key challenges are becoming apparent. Traditional dispatchable fossil fuelled generators that to date have provided energy users with a bundle of services that were folded […]
‘… The EUAA notes that the NSW government has chosen a market-based approach, which for renewable fuel increases the cost for consumers, in addition to the increased cost from transitioning to renewable fuel (it is known that biomethane costs more than fossil gas and green hydrogen is even more expensive). The EUAA recommends that the […]
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