Author: Melitta Springer

10 Nov Delays to Northern Territory Hydraulic Fracturing Final Report

The Northern Territory Government announced on 7th November that the Final Report for the Scientific Inquiry into Hydraulic Fracturing in the Northern Territory (Inquiry) will not be published until March 2018.  This has been caused by delays in community consultation activities that have set back the release of the draft Final Report to mid-December. The Federal Government continues to put pressure on the States to lift their moratoriums on fracking, and this may very well be a set-back to the Government’s plan to free up more gas for the domestic market in the short to medium term.  The delay in releasing this report will make it virtually impossible for any significant...

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30 Oct Have you appointed your Metering Coordinator?

The implementation of the new arrangements resulting from the Power of Choice Review undertaken by the Australian Energy Market Commission’s (AEMC), will take effect on 1 December 2017.  The new arrangements include the introduction of the Metering Coordinator, along with changes to the National Electricity Rules (NER).The implementation of the new arrangements resulting from the Power of Choice Review undertaken by the Australian Energy Market Commission’s (AEMC), will take effect on 1 December 2017.  The new arrangements include the introduction of the Metering Coordinator, along with changes to the National Electricity Rules (NER). Key features of the final rule include: 1. A shift in who has overall responsibility for metering services under...

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26 Oct Ergon Retail offer ‘EasyPay Rewards’ to help alleviate rising costs in energy

On Tuesday 24 October, Queensland Treasurer Curtis Pitt and Energy Minister Mark Baily announced a new suite of measures to create electricity savings for Queenslanders under the Palaszczuk Government’s Affordable Energy Plan. One of the initiatives announced will be the removal of Ergon’s non-reversion policy.  The non-reversion policy prevented customers who transferred away from Ergon Retail from returning.  The Government believes that removing this policy will give customers in regional Queensland more choice when selecting a retailer.  Not only will regional customers be able to shop around, but they will now have the ability to test the water and return to Ergon Retail should they wish to do so.  Coupled with...

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20 Jul Hydraulic Fracturing Inquiry – Northern Territory

On Friday 14 July 2017, the inquiry into Hydraulic Fracturing in the Northern Territory released an Interim Report on the impacts and risks associated with hydraulic fracturing. The interim report details the activities undertaken by the panel so far.  This includes: community consultations; research into shale gas development; effective water management; land, social; and environmental impacts. The panel will continue with planned activities including site visits to Queensland coal stream gas (CSG) operations, consultation with the Alberta Energy Regulator, and will continue to hold public hearings and community consultations as scheduled.  It is anticipated that the final report will be handed down by the end of 2017. Read the interim report via the...

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30 Jun Coopers Gap Wind Farm moving forward

AGL has received a development permit from the Queensland Government to build up to 115 turbines for the Coopers Gap Wind Farm. Located near Cooranga North, between Kingaroy and Dalby, the Coopers Gap Wind Farm (up to 460 MW) will be the second wind project offered to the Powering Australian Renewables Fund (PARF). On 27 July 2016, AGL announced QIC as its equity partner in the $2-3 billion Powering Australian Renewables Fund (PARF). PARF was created by AGL to develop approximately 1,000 MW of large-scale renewable energy projects. To date, PARF has reached financial close on two solar plants (Broken Hill 53MW and Nyngan 102MW) and Silverton Wind Farm (200MW)....

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29 Jun SA Electricity Prices to be Highest in the World

Electricity retailers will increase their standard pricing from 1 July 2017 for all states in the National Electricity Market (NEM), with South Australia (SA) tipped to have the largest increase. As part of their annual review of energy tariffs, the three biggest retailers have cited increased wholesale energy costs as the main reason for the significant increases.  The retailers say the increased wholesale costs have been caused by the closure of baseload coal-fired generation and the increased costs of gas. Residential customers in SA will see an average increase of 19.9 per cent from EnergyAustralia, 18 per cent from AGL, and 16.1 per cent from Origin Energy.  Experts are concerned that household...

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02 Jun QCA final determination on regulated retail electricity prices FY2017 – FY 2018

On the 31st May the QCA released its final determination on regulated retail electricity prices for financial year 2017-2018 for regional Queensland. Concerned that the price increases were too high, the Palaszczuk Government has intervened, directing the government-owned corporation Energy Queensland to reduce network charges. In order to do so, Energy Queensland has been directed to remove the costs associated with the Solar Bonus Scheme.  Energy Minister Mark Bailey made it clear in a statement that this change will not impact payments under the state’s solar bonus scheme, as the cost of the scheme will be met by the government instead of consumers over the next three years.  This reduction...

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12 Oct FIFTH COAG ENERGY COUNCIL MEETING

The COAG Energy Council held their fifth meeting in Canberra last month. Ministers met to discuss the transformation of the gas and electricity markets and the challenges and opportunities associated with this. Recent reports on gas market reform tabled by the Australian Competition and Consumer Commission (ACCC) and Australian Energy Market Commission (AEMC) now provide a platform for action to take place. Based on findings and recommendations from these two key reports, COAG launched its Gas Market Reform Package. The reform package has been designed as a means to lift competition and consequently reduce gas prices. The reform package comprises of four priority areas and 15 reform measures. The four priority areas are gas...

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