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 […]
‘… The EUAA contends that an orderly exit framework for the transition to 100% renewable energy is long overdue, with jurisdictions taking an ad-hoc approach to-date. The EUAA welcomes the Consultation Paper to establish a formal process for the orderly exit of coal. The EUAA notes that the OEM Framework is likely only to apply […]
‘… The EUAA agrees with the AEMC and AER that the current Electricity Compensation Frameworks (Frameworks) led to inefficient outcomes during the market events of June 2022, prompting generators to withdraw bids from the NEM during the Administered Price Period (APP) and subsequent Market Suspension and instead waited until AEMO Directions were given to generate. […]
‘…The EUAA is pleased to see that in writing the draft determination, the AEMC has taken the view to minimise the financial impact of MPFR on utility scale batteries that may have resulted in inefficient operation and dispatch of them. The EUAA supports the AEMC’s draft determination that will result in utility scale batteries having […]
‘…The EUAA considers that the draft determination presented by the AEMC strikes the right balance and provides the right guardrails for a new gas compensation and dispute resolution framework through: Improved governance and procedural arrangements that improve transparency and are fit for purpose; Eligible costs to be limited to direct costs; That only claims over […]
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