EUAA Submission: ADGSM Review
EUAA Submission: ADGSM Review
‘Our members are highly exposed to movements in both gas and electricity prices and have been under increasing stress due to escalating energy costs. These increased costs are either absorbed by the business, making it more difficult to maintain existing levels of employment or passed through to consumers in the form of increases in the […]
Governments and Industry Must Cooperate to Drive Better Outcomes in Gas Markets
Today’s seventh Gas Inquiry report released by the Australian Competition and Consumer Commission (ACCC) confirms what many members of the Energy Users’ Association of Australia (EUAA) have been saying, that more action in gas markets is needed to increase competition and supply. “The ACCC report confirms what we are hearing from our members – while […]
If Energy Users Must be Prepared to Load Shed then Governments Must be Prepared to Work Together on a Plan
The release today of the 2019 Electricity Statement of Opportunities (ESOO) by the Australian Energy Market Operator (AEMO) is a further warning that energy users will continue to face higher costs and decreasing reliability without a coordinated, national plan for the energy transition that is already underway. “This coming summer, large energy users will once […]
More Renewable Energy without a Transition Plan is Flirting with Disaster
The Victorian Government’s proposal to increase renewable energy in the state to 50% by 2030 through Victorian Renewable Energy Target (VRET) is a disaster waiting to happen in the absence of a well considered transition plan that includes all the elements of the energy system, and considers other reforms being undertaken in energy markets. “Without […]
EUAA Submission: Regulatory Sandbox Arrangements to Support Proof-of-Concept Trials
The EUAA strongly support the direction the Commission is heading in developing the sandbox toolkit. The sequential three stage trial components – regulatory guidance to regulatory waiver to a new trial rule making – are a logical progression in seeking to facilitate proof-of-concept trials. The framework presented in the paper provides a transparent view of […]
Much Needed Gas Market Reform Welcomed by Energy Users
The announcement today from the Federal Government that it will move to develop a domestic gas reservation policy is welcomed by energy users who rely on gas to produce essential goods needed in the community every day. “Addressing the supply and price of gas along the east coast cannot come soon enough,” said Energy Users’ […]
EUAA Submission: AEMC CoGaTI Access and Directions Paper
We welcome the opportunity to make a submission to the Coordination of Generation and Transmission and Investment (COGATI) – Access and Charging Directions Paper. The EUAA are not opposed to new network assets being built to facilitate new generation, for interconnectors to be built that allow market participants greater access to the market and to […]
Demand Response Market will give Consumers More Control and Help Lower Wholesale Prices
The Australian Energy Market Commission (AEMC) Demand Response Rule Change that was released today, will pave the way for a fundamental shift to the way the electricity market operates, providing consumers with more control over their energy bills. As a result of this proposed rule change, consumers will be able to respond to market signals […]
EUAA Submission: Transmission Loss Factors
We are of the view that the proposed transmission loss factor rule changes potentially shifts considerable risk and costs to consumers. This outcome is at odds with a long-held EUAA position that seeks to ensure the risks and costs associated with energy markets are equitably shared amongst participants. We are also of the view that […]
More Flexible Generation an Important Piece in the New Energy Market
With the energy market undergoing an unprecedented transition, last week’s announcement of Federal funding to support Genex Power to build a pumped hydro power station in North Queensland represents a pragmatic step towards a more flexible and secure energy system. More flexible generation technologies like pumped hydro will play an increasingly important role in the […]
Cost of Rewiring the Electricity Grid Must be Shared
The release today of an Insights Paper by the Australian Energy Market Operator (AEMO) that identifies significant investments in the National Electricity Market (NEM), highlights the urgent need to rethink the way we pay for the transition of our energy system. The Energy Users’ Association of Australia (EUAA) is calling on the energy industry, governments, […]
Recent Gas Deals Prove that Prospective Gas Reservation is Part of the Solution
The Energy Users Association of Australia (EUAA) welcomes a number of recent announcements regarding new gas contracts signed by major industrial gas users. While the cost of domestic gas is still largely linked to international gas prices, and therefore well above long-term affordable levels, we are encouraged that some deals are getting done. However, closer […]