More Renewable Energy without a Transition Plan is Flirting with Disaster
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 […]
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EUAA Submission: Energy Security Board – Converting the ISP into Action
We are supportive of a more centralised approach to whole of system planning that the ISP seeks to achieve. We believe the ISP is a useful investment guide that can shape investor decisions. However, again we are concerned with what we perceive to be a desire to elevate the ISP above the existing regulatory checks […]
EUAA Submission: Reliability Panel Review of the RERT Guidelines 2019
The EUAA welcomes the opportunity to make a submission on the changes to the RERT Guidelines following the recent very comprehensive AEMC RERT review. The EUAA has been a strong supporter of the AEMC’s final rule determination on RERT. In particular we support the explicit linking of the RERT procurement trigger and volume to the […]