ANNUAL REPORT 2013/14 About This Report About Stanwell
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Ipa0810-Qld-Energy-Paper Final
POWERING QUEENSLAND: Why competitive, private electricity markets offer lower prices and better infrastructure 2 | POWERING QUEENSLAND: WHY COMPETITIVE, PRIVATE ELECTRICITY MARKETS OFFER LOWER PRICES AND BETTER INFRASTRUCTURE For more information please contact: Brendan Lyon Chief Executive Officer Infrastructure Partnerships Australia T 02 9240 2050 E [email protected] Jonathan Kennedy Director, Policy Infrastructure Partnerships Australia T 02 9240 2057 E [email protected] Ilya Zak Manager, Policy Infrastructure Partnerships Australia T 02 9240 2063 E [email protected] Copyright @ Infrastructure Partnerships Australia Disclaimer Infrastructure Partnerships Australia provides no warranties and representations in relation to the information provided in this paper. It is not intended for and should not be relied upon by any third party and no responsibility is undertaken. CONTENTS EXECUTIVE SUMMARY 8 RECOMMENDATIONS 11 1 THE CASE FOR REFORM 14 1.1 STALLED REFORM & PRICE IMPACTS 14 1.2 FISCAL CONSTRAINTS 15 1.3 CONFLICTS OF INTEREST 18 2 A CLEAR REFORM PATHWAY 20 2.1 RETAIL 20 2.1.1 EsTABLISHING AN EFFICIENT MARKET PRICE 20 2.1.2 ACHIEVING A TRULY COMPETITIVE RETAIL MARKET 21 2.2 GENERATION 22 2.3 NETWORKs 24 APPENDIX A – VALUATION WORKINGS 27 DISTRIBUTION AND TRANSMISSION 27 GENERATION 28 RETAIL 30 APPendix B – PrioriTY INFRASTRUCTURE PROJECTS 31 BIBLIOGRAPHY 33 TABLE OF FIGURES FIGURE 1: ELECTRICITY RETAIL MARKET SHARE (SMALL CUSTOMERS) BY JURISDICTION, 2011 14 FIGURE 2: INSTALLED GENERATION -
Annual Report 2019/20
Together we create energy solutions Annual Report 2019/20 1 Table of contents About this report 3 Chief Executive Officer’s review 13 Our performance 4 Performance indicators 18 About Stanwell 5 Strategic direction 20 Our vision 5 Our five-year plan 22 Our values 5 Our 2019/20 performance 24 Our assets 8 Corporate governance 34 Chair’s statement 10 Financial results 46 2 About this report This report provides an overview of the major initiatives and achievements of Stanwell Corporation Limited (Stanwell), as well as the business’s financial and non-financial performance for the year ended 30 June 2020. Each year, we document the nature and scope of our strategy, objectives and actions in our Statement of Corporate Intent, which represents our performance agreement with our shareholding Ministers. Our performance against our 2019/20 Statement of Corporate Intent is summarised on pages 24 to 33. Electronic versions of this and previous years’ annual reports are available online at www.stanwell.com 3 Our performance • Despite a challenging year due to the • We received Australian Renewable Energy combination of an over-supplied energy market, Agency (ARENA) funding to assess the feasibility regulatory upheaval, the COVID-19 pandemic, of a renewable hydrogen demonstration plant at bushfires and widespread drought, our people Stanwell Power Station. responded to these challenges, and remained safe, while playing a critical role in keeping the • We achieved gold status from Workplace lights on for Queenslanders. Health and Safety Queensland in recognition of the longevity and success of our health and • We are one of the most reliable energy providers wellbeing initiatives. -
Ensuring Reliable Electricity Supply in Victoria to 2028: Suggested Policy Changes
Ensuring reliable electricity supply in Victoria to 2028: suggested policy changes Associate Professor Bruce Mountain and Dr Steven Percy November 2019 All material in this document, except as identified below, is licensed under the Creative Commons Attribution-Non- Commercial 4.0 International Licence. Material not licensed under the Creative Commons licence: • Victoria Energy Policy Centre logo • Victoria University logo • All photographs, graphics and figures. All content not licenced under the Creative Commons licence is all rights reserved. Permission must be sought from the copyright owner to use this material. Disclaimer: The Victoria Energy Policy Centre and Victoria University advise that the information contained in this publication comprises general statements based on scientific research. The reader is advised and needs to be aware that such information may be incomplete or unable to be used in any specific situation. No eliancer or actions must therefore be made on that information without seeking prior expert professional, scientific and technical advice. To the extent permitted by law, the Victoria Energy Policy Centre and Victoria University (including its employees and consultants) exclude all liability to any person for any consequences, including but not limited to all losses, damages, costs, expenses and any other compensation, arising directly or indirectly from using this publication (in part or in whole) and any information or material contained in it. Publisher: Victoria Energy Policy Centre, Victoria University, Melbourne, Australia. ISBN: 978-1-86272-810-3 November 2019 Citation: Mountain, B. R., and Percy, S. (2019). Ensuring reliable electricity supply in Victoria to 2028: suggested policy changes. Victoria Energy Policy Centre, Victoria University, Melbourne, Australia. -
State of the Energy Market 2011
state of the energy market 2011 AUSTRALIAN ENERGY REGULATOR state of the energy market 2011 AUSTRALIAN ENERGY REGULATOR Australian Energy Regulator Level 35, The Tower, 360 Elizabeth Street, Melbourne Central, Melbourne, Victoria 3000 Email: [email protected] Website: www.aer.gov.au ISBN 978 1 921964 05 3 First published by the Australian Competition and Consumer Commission 2011 10 9 8 7 6 5 4 3 2 1 © Commonwealth of Australia 2011 This work is copyright. Apart from any use permitted under the Copyright Act 1968, no part may be reproduced without prior written permission from the Australian Competition and Consumer Commission. Requests and inquiries concerning reproduction and rights should be addressed to the Director Publishing, ACCC, GPO Box 3131, Canberra ACT 2601, or [email protected]. ACKNOWLEDGEMENTS This report was prepared by the Australian Energy Regulator. The AER gratefully acknowledges the following corporations and government agencies that have contributed to this report: Australian Bureau of Statistics; Australian Energy Market Operator; d-cyphaTrade; Department of Resources, Energy and Tourism (Cwlth); EnergyQuest; Essential Services Commission (Victoria); Essential Services Commission of South Australia; Independent Competition and Regulatory Commission (ACT); Independent Pricing and Regulatory Tribunal of New South Wales; Office of the Tasmanian Economic Regulator; and Queensland Competition Authority. The AER also acknowledges Mark Wilson for supplying photographic images. IMPORTANT NOTICE The information in this publication is for general guidance only. It does not constitute legal or other professional advice, and should not be relied on as a statement of the law in any jurisdiction. Because it is intended only as a general guide, it may contain generalisations. -
ANNUAL REPORT 2013/14 About This Report About Stanwell
ANNUAL REPORT 2013/14 About this report About Stanwell This report provides an overview of the major Stanwell is a diversified energy business. initiatives and achievements of Stanwell We own coal, gas and water assets, which Corporation Limited (Stanwell) as well as the we use to generate electricity; we sell business’ financial and non-financial performance electricity directly to business customers; for the 12 months ended 30 June 2014. and we trade gas and coal. Each year, we document the nature and scope With a generating capacity of approximately of our strategies, objectives and actions in our 4,200 megawatts, Stanwell is the largest Statement of Corporate Intent. The Statement electricity generator in Queensland. of Corporate Intent represents our performance We have the capacity to supply more agreement with our shareholding Ministers. than 45 per cent of the State’s peak Our performance against our 2013/14 Statement electricity requirements through our of Corporate Intent is summarised on page 5 coal, gas and hydro generation assets. and pages 8 to 15. As at 30 June 2014, we employed Electronic versions of this and previous years’ 710 people at our sites and offices. reports are available online at www.stanwell.com or from Stanwell’s Stakeholder Engagement team on 1800 300 351. Our mission Stanwell contributes to Queensland's prosperity through the safe and responsible provision of energy and commercial returns from business operations. TABLE OF CONTENTS Our values About Stanwell Our values – Safe, Responsible and Commercial – shape how we lead and Report from the Board 2 operate our business. Chief Executive Officer’s review 3 Together, they guide how we think, make Performance indicators 5 decisions and act on a day-to-day basis at Stanwell. -
The Calculation of Energy Costs in the BRCI for 2010-11
The calculation of energy costs in the BRCI for 2010-11 Includes the calculation of LRMC, energy purchase costs, and other energy costs Prepared for the Queensland Competition Authority Draft Report of 14 December 2009 Reliance and Disclaimer In conducting the analysis in this report ACIL Tasman has endeavoured to use what it considers is the best information available at the date of publication, including information supplied by the addressee. Unless stated otherwise, ACIL Tasman does not warrant the accuracy of any forecast or prediction in the report. Although ACIL Tasman exercises reasonable care when making forecasts or predictions, factors in the process, such as future market behaviour, are inherently uncertain and cannot be forecast or predicted reliably. ACIL Tasman Pty Ltd ABN 68 102 652 148 Internet www.aciltasman.com.au Melbourne (Head Office) Brisbane Canberra Level 6, 224-236 Queen Street Level 15, 127 Creek Street Level 1, 33 Ainslie Place Melbourne VIC 3000 Brisbane QLD 4000 Canberra City ACT 2600 Telephone (+61 3) 9604 4400 GPO Box 32 GPO Box 1322 Facsimile (+61 3) 9600 3155 Brisbane QLD 4001 Canberra ACT 2601 Email [email protected] Telephone (+61 7) 3009 8700 Telephone (+61 2) 6103 8200 Facsimile (+61 7) 3009 8799 Facsimile (+61 2) 6103 8233 Email [email protected] Email [email protected] Darwin Suite G1, Paspalis Centrepoint 48-50 Smith Street Darwin NT 0800 Perth Sydney GPO Box 908 Centa Building C2, 118 Railway Street PO Box 1554 Darwin NT 0801 West Perth WA 6005 Double Bay NSW 1360 Telephone -
1 National Electricity Market Chapter 1
Hydro Tasmania Hydro 1 NATIONAL ELECTRICITY MARKET CHAPTER 1 M EL NATIO The National Electricity Market (NEM) is a wholesale • the increasing use of rooftop solar photovoltaic (PV) Figure 1.2a AR E CTRICITY market in which generators sell electricity in eastern and generation, which is reducing demand for energy Annual actual and forecast peak demand, by region KE N southern Australia. The main customers are energy retailers, supplied through the grid by the national market. T 16 000 AL which bundle electricity with network services for sale to residential, commercial and industrial energy users. Figure 1.1 14 000 National Electricity Market electricity demand, by region The market covers six jurisdictions—Queensland, New 12 000 South Wales, the Australian Capital Territory (ACT), Victoria, Tasmanian entry 250 South Australia and Tasmania—that are physically linked 10 000 by an interconnected transmission network. It has around 200 200 large generators, five state based transmission 8 000 networks (linked by cross-border interconnectors) and 150 13 major distribution networks that supply electricity to end Megawatts 6 000 use customers. In geographic span, the NEM is one of the 100 4 000 longest continuous alternating current systems in the world, hours Terawatt 50 covering a distance of 4500 kilometres. 2 000 1999–00 2010–11 2011–12 0 2000–01 2001–02 2002–03 2003–04 2004–05 2005–06 2006–07 2007–08 2008–09 2009–10 Table 1.1 National Electricity Market at a glance 0 1999–00 2000–01 2001–02 2002–03 2003–04 2004–05 2005–06 2006–07 2007–08 2008–09 2009–10 2010–11 2011–12 2012–13 2013–14 2014–15 2015–16 2016–17 2017–18 2018–19 2019–20 2020–21 2021–22 Participating jurisdictions Qld, NSW, Vic, SA, Tas, ACT Queensland New South Wales Victoria NEM regions Qld, NSW, Vic, South Australia Tasmania Snowy Queensland New South Wales Victoria South Australia Tasmania SA, Tas Note: The Snowy region was abolished on 1 July 2008. -
Powerlink Queensland Revenue Proposal
2018-22 POWERLINK QUEENSLAND REVENUE PROPOsaL Supporting Document Powerlink Queensland Asset Management Plan (Volume 3 - Area Plans) © Copyright Powerlink Queensland 2016 Delivering better value ASSET MANAGEMENT PLAN 2015 Volume 3 – Area Plans Prepared by: Strategy and Planning Investment and Planning December 2015 Objective ID: A2265341 DISCLAIMER This Asset Management Plan has been produced to provide general information about the development of Powerlink’s network and is a summary of the best view of asset investment strategies at the time of writing. In many cases, the projects listed in the Asset Management Plan have been selected from a large number of future scenarios and are the result of preliminary investigations. As well as the need for future analysis to evaluate system and asset conditions and alternatives, there are processes described in the National Electricity Rules that need to be followed before projects can be approved. It is possible that projects listed here may change in scope or timing, be replaced by other projects or deemed unnecessary. Business decisions and actions should not be made solely on the basis of information contained here. The Asset Management Plan does not replace any current business or approval processes. Risk costs continue to be enhanced and at this stage should not be used to solely prioritise projects or prioritise projects between asset classes as currently not all risks have been modelled which leads to some risk costs being understated. Similarly some asset risks are based on desktop analysis at an asset fleet level rather than based on individual asset condition, depending on the timing of the anticipated investment need. -
CS Energy Limited (The Principal) Is a Queensland Government Owned Corporation Generating Electricity from Operating Sites Located At
REQUEST FOR PROPOSAL NO. 483520 KOGAN CREEK SOLAR BOOST PROJECT CONSTRUCTION PHASE ENGINEERING SUPPORT CS Energy Ltd (ABN 54 078 848 745) RFP Closing Date and Time: 2.00 pm EAST Thursday 2 December 2010 Issue Date: 17 November 2010 CONTENTS SECTION A – REQUEST FOR PROPOSAL CONDITIONS 3 SECTION B – GENERAL CONDITIONS OF CONTRACT – 31 General conditions for the engagement of Consultants SECTION C – THE BRIEF 47 SECTION D - CLIENT SUPPLIED DOCUMENTS 61 RFP 483520 – Kogan Creek Solar Boost Project Construction Phase – Engineering Support Page 2 of 61 Commercial in Confidence 08/10/2009 JMD SECTION A - REQUEST FOR PROPOSAL CONDITIONS 1. INTRODUCTION CS Energy Limited (the Principal) is a Queensland Government owned Corporation generating electricity from operating sites located at: CS Energy has a corporate office in Brisbane and three operating sites: • Callide Power Station - located near Biloela in central Queensland • Mica Creek Power Station - located near Mount Isa in north-west Queensland • Swanbank Power Station - located near Ipswich in southeast Queensland. • Kogan Creek Power Station – located near Chinchilla in south Queensland The Principal is responsible for the operation and maintenance of its electricity generating assets, with objectives to pursue opportunities to maximise value, reduce input costs, reduce plant down time and create a greater flexibility in generation capability. To progress achieving these objectives, the Principal requires the expertise of specialised Contractors to provide defined services aligned to the objectives of the Strategic Sourcing Program to achieve: . The lowest total cost option for purchased goods and services . Significant consolidation of the current supply base . Innovative supply solutions and service from Suppliers . -
Pricing in Queensland
DRAFT REPORT SOLAR FEED-IN PRICING IN QUEENSLAND March 2016 © Queensland Productivity Commission 2016 The Queensland Productivity Commission supports and encourages the dissemination and exchange of information. However, copyright protects this document. The Queensland Productivity Commission has no objection to this material being reproduced, made available online or electronically but only if it is recognised as the owner of the copyright and this material remains unaltered. Table of Contents SUBMISSIONS Closing date for submissions: 15 April 2016 Public consultation is an important element of the Queensland Productivity Commission’s (QPC) inquiry process. Submissions are invited from interested parties on solar export pricing for small customers in Queensland. The QPC will take account of all submissions received by the due date. Submissions, comments or inquiries regarding this paper should be directed to: Queensland Productivity Commission PO Box 12112 George St QLD 4003 Tel (07) 3015 0111 Fax (07) 3015 5199 www.qpc.qld.gov.au/get-involved/how-to-make-a-submission Confidentiality In the interests of transparency and to promote informed discussion, the QPC would prefer submissions to be made publicly available wherever this is reasonable. However, if a submission contains genuinely confidential material, the person making a submission should claim confidentiality in respect of the document (or any part of the document). Claims for confidentiality should be clearly noted on the front page of the submission and the relevant sections of the submission should be marked as confidential, so that the remainder of the document can be made publicly available. It would also be appreciated if two copies of the submission (i.e. -
Calculation of Energy Costs for the 2011-12 BRCI
Calculation of energy costs for the 2011-12 BRCI Includes the calculation of energy purchase costs, LRMC, and other energy costs Prepared for the Queensland Competition Authority Draft Report of 16 December 2010 Reliance and Disclaimer In conducting the analysis in this report ACIL Tasman has endeavoured to use what it considers is the best information available at the date of publication, including information supplied by the addressee. Unless stated otherwise, ACIL Tasman does not warrant the accuracy of any forecast or prediction in the report. Although ACIL Tasman exercises reasonable care when making forecasts or predictions, factors in the process, such as future market behaviour, are inherently uncertain and cannot be forecast or predicted reliably. ACIL Tasman Pty Ltd ABN 68 102 652 148 Internet www.aciltasman.com.au Melbourne (Head Office) Brisbane Canberra Level 6, 224-236 Queen Street Level 15, 127 Creek Street Level 1, 33 Ainslie Place Melbourne VIC 3000 Brisbane QLD 4000 Canberra City ACT 2600 Telephone (+61 3) 9604 4400 GPO Box 32 GPO Box 1322 Facsimile(+61 3) 9600 3155 Brisbane QLD 4001 Canberra ACT 2601 Email melbourne@aciltasman com au Telephone(+61 7) 3009 8700 Telephone(+61 2) 6103 8200 Facsimile(+61 7) 3009 8799 Facsimile(+61 2) 6103 8233 Emailbrisbane@aciltasman com au Emailcanberra@aciltasman com au Darwin Suite G1, Paspalis Centrepoint 48-50 Smith Street Darwin NT 0800 Perth Sydney GPO Box 908 Centa Building C2, 118 Railway Street PO Box 1554 Darwin NT 0801 West Perth WA 6005 Double Bay NSW 1360 Telephone(+61 8) -
CS Energy SCI Report 0910
STATEMENT OF CORPORATE INTENT 2009/2010 FOR PARLIAMENTARY TABLING Statement of Corporate Intent 2009/2010 For Parliamentary tabling Prepared by the Directors and Management of CS Energy Ltd (ABN 54 078 848 745) for shareholding Ministers: Andrew Fraser MP Treasurer and Minister for Employment and Economic Development and Stephen Robertson MP Minister for Natural Resources, Mines and Energy and Minister for Trade 29 May 2009 This document contains confidential matter relating to the business affairs and financial interests of CS Energy Ltd (CS Energy) and its contents cannot be disclosed by any Government agency in response to a Freedom of Information (FOI) request pursuant to the exemptions contained in Part 3, Division 2 of the FOI Act. Unauthorised disclosure of material contained in this statement may diminish the commercial value of that information and may have an adverse effect on the business, commercial and financial affairs of CS Energy. Table of contents 1. Corporate objectives and strategies..................................................................................................3 1.1. Core business ............................................................................................................................3 1.2. Corporate objectives ..................................................................................................................3 1.3. Operational objectives - 2009/2010 ...........................................................................................4 1.4. Corporate strategies