GAS-TESS Pilot Project Update Conditions for Simpler Comparison with Mass and Energy Balance Calculations

Total Page:16

File Type:pdf, Size:1020Kb

GAS-TESS Pilot Project Update Conditions for Simpler Comparison with Mass and Energy Balance Calculations Project Update Week ending 20 September 2019 Dam upgrades bring Battery of the Nation closer to reality 16 September Under the Hodgman majority Liberal These upgrades will help make Hydro Government, Tasmania has the lowest Tasmania’s network more efficient and emissions in the country and is well on track reliable, meaning we can generate more to achieve our 2022 target of 100 percent power with the existing hydropower assets. renewable energy production, while delivering the country’s lowest regulated The Hodgman majority Liberal Government’s electricity prices. Battery of the Nation and second Bass Straight interconnector initiatives, will unlock We have nation-building pumped hydro multiple large scale renewable energy projects being progressed to deliver clean, projects, inject up to $5 billion into the reliable and low-cost energy to Tasmania and Tasmanian economy, create thousands of mainland states. local jobs, put downward pressure on power prices and provide our state with a reliable Today I joined Hydro Tasmania’s Chief long-term revenue source. Operations Officer Jesse Clark to inspect a major upgrade of Repulse Power Station in Source: Tasmania Government the Derwent Scheme. The upgrade replaces the turbine’s oil hub with a water filled hub to eliminate the risk of AltEnergy Industry Directory oil spills and will increase the systems As a subscriber you may have received from reliability and flexibility, making it better us last week email advice about the launch of suited to manage increased renewable energy our new product, the AltEnergy Industry generation as part of this government’s Directory (AEID). We are pleased to note that Battery of the Nation initiative. already a number of companies have registered to be in the AEID, which will be This project is one of a number of scheduled launched in November. The AEID gathers dam upgrades and improvements to Hydro together industry contacts in one convenient, Tasmania’s Derwent system, which will searchable online directory for people who increase electricity generation by more than are seeking specific suppliers, trades and 80 gigawatt hours (GWh) each year by 2021, services, and provides a platform for supporting plans to make Tasmania the businesses to connect with other industry renewable Battery of the Nation. participants. More details, including how to make a listing for your company, are provided Hydro Tasmania has invested around $105 here on our FAQ webpage million in maintenance and upgrades to altenergy.com.au/directory. power generation assets over the last 12 months, including the Repulse project. Page 1 (Click on relevant project links to go to online Project Database) GAS-TESS Pilot project update conditions for simpler comparison with mass and energy balance calculations. 16 September • GAS-TESS up and running after scheduled Under this regime, the combustion system shutdown to assess O&M requirements burning the biogas is operating at 82.7% • O&M a key factor in business case for efficiency, almost at design specification, and wastewater treatment utilities some modifications to operational procedures • Improvements to be fast-tracked to provide are expected to improve performance. As SA Water with key data for evaluating expected, in this first testing phase of business case configuration the device is delivering only • Proposed review of revenue settlement due 39.8% CHP efficiency because the turbine is to delays in export approval to NEM operating at half its potential efficiency. This is due to a number of factors but primarily Operational status caused by low heat transfer through the heat The GAS-TESS was recently shut-down to store to the energy recovery system (ERS). install additional instrumentation and inspect This results in a lower ERS gas outlet it internally. This demonstrated that the unit temperature and energy content, ultimately was in good condition. An estimate for resulting in a turbine inlet temperature well operation and maintenance (O&M) costs can below optimum. now be prepared, these being a key factor for utilities evaluating biogas burning equipment Next Steps over their lifetime. As planned, the Company will upgrade the storage to increase heat transfer once the The GAS-TESS is now back online supplying overall systems are validated. The project electricity and heat to the wastewater agreement provides for two years of treatment plant (WWTP). Our engineers will operational tests, and we intend to upgrade continue test runs to refine operating the GAS-TESS performance in several stages. characteristics and anticipate working with the Glenelg WWTP operators to evaluate the However, the business case for the GAS-TESS benefits of the TESS integrated with the plant is not driven just by return trip efficiency systems from late September. because the biogas is a by-product of a WWTP operation that must be burnt on a continuous Commercial arrangements under the basis whereas the heat and electricity loads of settlement agreement are underway but SA a plant and electricity export value are Water has advised there may be a long delay variable. This is one reason that SA Water to obtain approval to export electricity to the proposed a GAS-TESS device - to time shift the grid. The addition of solar generation at the energy supply to maximise the value of the same time as the GAS-TESS and the current, biogas, something that the engines cannot interim network restrictions have imposed provide. The second reason is to minimise operational constraints on the site and hence O&M costs. GAS-TESS, so the company proposes to review the settlement agreement with SA Water. Following the positive internal inspection, some enhancements will now be fast-tracked, Current performance status where possible, to provide SA Water with key A wide range of tests have been conducted to performance and O&M data for evaluating characterise the actual GAS-TESS performance the performance of the TESS compared to compared to original design calculations and engines. Other performance enhancements predictions. Analysis of the GAS-TESS will be rescheduled for inclusion in the design performance is most readily obtained from of the next version of the technology. simultaneous operations of the burners using biogas at the same time as energy is produced Source: 1414 Degrees by the turbine, as this provides steady state Page 2 (Click on relevant project links to go to online Project Database) Delivering consistent guidance planning.vic.gov.au/policy-and-strategy/solar- energy-facilities-design-and-development- for solar development guidelines 17 September New planning guidelines are now in place for Quotes attributable to Minister for Planning large scale solar development, providing Richard Wynne certainty and confidence to the sector and “We’ve listened to the community and encouraging greater investment, as part of included a best practice approach to the Andrews Labor Government’s renewable consultation, ensuring people can have their energy boom. say from an early stage, well before a planning permit is lodged.” The Minister for Planning Richard Wynne today introduced an amendment to all “The Guidelines brings a consistent approach Victorian planning schemes, implementing the to assessing the appropriateness of solar Solar Energy Facilities – Design and developments, giving the renewable energy Development Guideline. industry more confidence to invest.” The Guidelines ensure new solar energy Quote attributable to Minister for Energy, facilities, producing one megawatt or more, Environment and Climate Change Lily are built in appropriate locations which: D’Ambrosio - are easily accessible to the electricity “Victoria is the renewable energy capital of transmission network Australia and these guidelines will strengthen - avoid or minimise impacts on their local market certainty – boost jobs, reduce environments emissions and drive down energy prices.” - consider impacts on productive agricultural areas, irrigated areas and areas of Source: Victoria Government environmental importance. It also includes a range of best-practice TECHNOLOGY approaches to help developers engage with communities and ensure the least possible Infinite supply? Energy environmental and social impacts of their generation from space may be proposals. the answer 16 September The Guidelines were shaped by a nine-month It might be dark up there, but the sun always development process including extensive shines in space, and now scientists believe consultation with communities, councils and that an orbital solar power station could be an industry and a review of best-practice inexhaustible source of clean energy for Earth. standards interstate and internationally. Space has always represented infinite In addition to implementing the Guidelines, possibilities for the human race, even the amendment also brings permit centuries before the first interstellar explorers assessment for solar facilities in line with large made those epic voyages in the mid-20th scale wind farms, where the Minister for century. The final frontier has inspired us Planning is the responsible authority. scientifically and culturally – spawning endless movies, seminal television shows and classic This consolidated approach will reduce the albums. But now, some industry and scientific administrative burden on councils and provide experts are suggesting, space could hold the consistent decision making across the state. key to delivering our global energy needs. The Guidelines and the planning scheme amendment information
Recommended publications
  • SKI 2020 Full Year Investor Presentation
    31 DECEMBER 2020 FULL YEAR RESULTS TUESDAY, 23 FEBRUARY 2021 INFRASTRUCTURE FOR THE FUTURE SPARK INFRASTRUCTURE – AT A GLANCE ASX-listed owner of leading essential energy infrastructure MARKET Distribution Transmission Renewables $ CAPITALISATION(1) 3.6bn S&P/ASX 100 Victoria Power Networks TransGrid Bomen Solar Farm and SA Power Networks (NSW) (NSW) REGULATED AND CONTRACTED ASSET 49% 15% 100% $ BASE (PROPORTIONAL) SPARK INFRASTRUCTURE SPARK INFRASTRUCTURE SPARK INFRASTRUCTURE 6.7bn OWNERSHIP OWNERSHIP OWNERSHIP $18.7bn $ $ $ TOTAL ELECTRICITY NETWORK 11.03bn 7.52bn 0.17bn AND GENERATION ASSETS(2) REGULATED ASSET BASE REGULATED AND CONTRACTED ASSET BASE CONTRACTED ASSET BASE SUPPLYING 5.0m+ WAGGA HOMES AND BUSINESSES WAGGA, 80% 17% 3% NSW 5,400 SKI PROPORTIONAL SKI PROPORTIONAL SKI PROPORTIONAL EMPLOYEES ASSET BASE(3) ASSET BASE(3) ASSET BASE(3) (1) As at 19 February 2021. Balance sheet and other information as at 31 December 2020 (2) Spark Infrastructure has proportional interests in $18.7bn of total electricity network and contracted generation assets (3) Pro forma Spark Infrastructure I Investor Presentation I February 2021 2 INFRASTRUCTURE FOR THE FUTURE FINANCIAL HIGHLIGHTS Solid earnings and growth delivered by high quality energy network businesses Underlying Look- FY2020 Regulated Contracted through EBITDA(1) Distribution asset base(1) asset base(2) $ 13.5cps $6.4bn $294m 862m +2.1cps franking Up 3.3% Up 13.4% Up 2.4% FY2021 Growth FFO/ Distribution capital Net debt(5) (3) guidance expenditure(4) 12.5cps $231m 12.4% + ~25% franking
    [Show full text]
  • Accelerating Clean Energy Investment Backing Technology and Innovation to Transform Our Economy
    Accelerating clean energy investment Backing technology and innovation to transform our economy 2020 2019 2018 2017 2016 8b 7. 2 2015 2014 2013 b .0 4 2 2 .2 b 3 . 3 2 . b 5 b 5 . 7 b b 0 . 9 1 11.0b Annual Report 2019–20 The CEFC is a specialist investor with a deep sense of purpose: to be at the forefront of Australia’s successful transition to a low carbon economy. We invest in new and emerging technologies and opportunities on behalf of all Australians, operating with the support of the Australian Government. As a specialist investor we have a clear focus on clean energy to deliver benefits for generations to come. Our approach is founded on our shared values: to make a positive impact, to collaborate with others, to champion integrity and to embrace innovation. 2019–20 highlights New CEFC investment commitments of more than $1 billion, supporting investments with a combined value of $4.2 billion in the year to 30 June 2020 CEFC finance extended to new areas of the economy, delivering Australia’s first dedicated green bond fund, the first CEFC green home loan and a material uplift in the capacity of Australia’s largest battery New investment commitments of just over $13 million in three cleantech innovators, as well as increased investment of $3.4 million in two other portfolio companies to accelerate their growth More than $187 million in CEFC wholesale finance to support some 6,700 smaller scale investments in clean energy projects, including in agribusiness, manufacturing, property and transport Continued strong financial performance despite the challenging economic environment, with almost $942 million in CEFC finance recycled through repayments, sales and redemptions over the year, to be available for further investment.
    [Show full text]
  • Roadmap to QRET ANEM NEM Nodal Modelling Report Final
    Centre for Policy Futures 31 July 2020 National electricity market nodal modelling final report 2020 Dr Phillip Wild, Centre for Policy Futures University of Queensland Contents Executive Overview .............................................................................................................................. 5 1 Introduction ........................................................................................................................................ 8 2 Scope and Objectives of the Electricity Market Modelling Project ............................................... 9 2.1 Research Question ......................................................................................................................... 9 2.2 Rationale for Research Question .................................................................................................. 9 2.2.1 Complexity of implementation of Queensland’s Renewable Energy Target. ................................. 9 2.2.2 Existing modelling shortcomings .................................................................................................... 9 2.3 Research proposal ........................................................................................................................ 10 3 Wholesale market modelling approach ......................................................................................... 11 3.1 ANEM model .................................................................................................................................. 11 3.2
    [Show full text]
  • Large-Scale Solar. Are We There Yet?
    Large-scale solar. Are we there yet? Sarah Morton October 2019 RE on NEM takes new record market share MWh 2 NEM solar capacity committed or under construction Annual Capacity generation (GWh) (MW-AC) NSW 3,518 1441 QLD 1,417 597 SA 710 379 VIC 819 398 NEM Total 6,464 2815 3 New commitments lower in 2019 4 New commitments by state 5 LGC supply and demand – operating and committed Tight supply Growing surplus 6 LGC supply and demand – operating and committed Spot LGCs $47.00 Cal19 $47.50 Cal20 $35.00 Cal21 $15.60 Cal22 $10.30 7 Spot price for solar varies by state 8 Large-scale solar response to negative pricing – QLD, Week 1 Sep Source: NEMReview 9 New commitments 2019 (wind and solar) Capacity Projects over 5MW Offtaker (MW-AC) Bango Wind Farm Snowy Hydro Group 244 Goonumbla Solar Farm Snowy Hydro Group 68 Wellington Solar Farm Snowy Hydro Group 174 Darlington Point Solar Farm Delta Electricity 275 Bomen Solar Farm Flow Power 100 Corowa Solar Farm Coles 27 Junee Solar Farm Coles 26 Wagga Wagga Solar Farm Coles 26 Biala Wind Farm Merchant 110 Collector Wind Farm Merchant 227 Jemalong Solar Farm Merchant 50 Kanowna Solar Farm Merchant 5 NSW Total 1332 Berrybank Wind Farm Victorian Government 180 Cohuna Solar Farm Victorian Government 27 Mortlake South Wind Farm Victorian Government 158 VIC Total 365 Agnew Mine Wind Farm Goldfields 18 Merredin Solar Farm Merchant 100 Warradarge Wind Farm Synergy Group 180 Yandin Hill Wind Farm Alinta Group 210 WA Total 508 NT Total 54 Note: Projects under SA Total 157 5MW not included 2416 10 Solar project
    [Show full text]
  • El Mercado De La Energía Solar En Australia
    ESTUDIO EM DE MERCADO 2021 El mercado de la energía solar en Australia Oficina Económica y Comercial de la Embajada de España en Sídney ESTUDIO EM DE MERCADO 20 de abril de 2021 Sídney Este estudio ha sido realizado por Ana Lázaro Herrasti Bajo la supervisión de la Oficina Económica y Comercial de la Embajada de España en Sídney http://australia.oficinascomerciales.es Editado por ICEX España Exportación e Inversiones, E.P.E. NIPO: 114-21-009-9 EM EL MERCADO DE LA ENERGÍA SOLAR EN AUSTRALIA Índice 1. Resumen ejecutivo 5 2. Definición del sector 10 2.1. El sector eléctrico en Australia 10 2.2. El sector de la energía solar en Australia 13 2.2.1. Clasificación del sector 13 2.2.2. Clasificación arancelaria 17 3. Marco institucional y competencias 19 3.1. Marco normativo 19 3.1.1. Antecedentes 19 3.1.2. Política federal actual 20 3.1.3. Políticas estatales 21 3.2. Incentivos y otras ayudas 22 4. Oferta – Análisis de competidores 23 4.1. Tamaño del sector 23 4.1.1. El sector de la energía renovable 23 4.1.2. Energía solar 30 4.1.3. Retirada de plantas termales de carbón 39 4.2. Exportaciones e importaciones de equipamiento 41 4.3. Principales empresas del sector 44 4.3.1. Segmento de la energía solar FV a pequeña escala 44 4.3.2. Segmento de la energía solar FV a gran escala 45 5. Demanda 52 5.1. Consumo eléctrico en el NEM y efecto de los sistemas fotovoltaicos en cubierta 53 5.2.
    [Show full text]
  • Question Number Question Response 1 Do You Accept That Anthropogenic Climate Change Is Happening and Is a Major Threat to Our St
    Question Question Response Number Do you accept that anthropogenic climate change is happening and is a major threat to our Yes. 1 standard of living? Do you accept that the burning of fossil fuels is the number one cause of climate change? According to the Intergovernmental Panel on Climate Change, carbon dioxide from fossil fuels and 2 industrial processes are the number one cause of climate change. How do you justify your government approving a massive expansion of coal mining? All projects are assesed on merit in accordance with the Environmental Planning & Assessment Act 3 How long will we be mining thermal coal for in NSW? The mining of thermal coal in NSW in the future will be determined by licensing and development 4 consent. By what volume has production and export of thermal coal in NSW increased since 2010? For the period ending 30 June 2017, thermal coal exports have increased by around 63M tonnes. 5 How much public money has been spent since 2010 on projects, research and infrastructure The NSW Department of Planning and Environment does not have any programs designed to “expand 6 to further the expansion in the volume of coal being produced and exported from New production” or “exports” of coal from NSW. South Wales? Does the NSW Government have any plan for transitioning the workforce away from coal The Government is not the employer of the workforce for coal mining 7 mining? What is the NSW Government plan for people in regional NSW affected by the closure of The NSW Government, through the NSW Energy and Resources Knowledge Hub, has supported the coal fired power stations? establishment of the Hunter Energy Transition Alliance (Alliance).
    [Show full text]
  • SKI HY2021 Investor Presentation
    30 JUNE 2021 HALF YEAR RESULTS TUESDAY, 24 AUGUST 2021 INFRASTRUCTURE FOR THE FUTURE BINDING OFFER FROM KKR, ONTARIO TEACHERS’ AND PSP INVESTMENTS • As announced on 23 August 2021, Spark Infrastructure has entered into a Scheme Implementation Deed (“SID”) with KKR, Ontario Teachers’ and PSP Investments (the “Consortium”) • Under the SID, the Consortium will acquire all of the units in the Spark Infrastructure Trust by means of a Trust Scheme and all of the loan notes issued by Spark RE by means of a Creditor’s Scheme (the “Schemes”) • The Binding Offer of $2.95 per stapled security, before adjustment for any distributions paid or payable, values Spark Infrastructure at an equity value of $5.2 billion • After adjusting for the interim distribution payable on 15 September 2021, the total value of $2.8875 represents a 26% premium to the closing price of Spark Infrastructure securities on 13 July 2021(2) and a 31% premium to the 3 month VWAP up to and including 13 July 2021(2) • If the Schemes are implemented, Spark Infrastructure securityholders will receive a total value of $2.8875 cash per stapled security(cps)(1) excluding franking credits, comprising cash consideration of approximately ~$2.7675 per stapled security plus a fully franked special distribution of approximately ~12.0 cents per stapled security (exact amounts to be determined closer to the Implementation Date, which is expected to be by the end of 2021) • The special distribution will be franked to the fullest extent possible, which will provide certain Spark Infrastructure
    [Show full text]
  • 16.2M Placement & $3M SPP for Fund Jemalong 50MW
    RESOURCES Genex Power Ltd (GNX $0.24) Buy Analyst Date Price Target Genex Power Ltd Year End 30 June Share Price 0.24 A$/sh Jon Bishop 27th June 2019 $0.70/sh Price Target 0.70 A$/sh Valuation 0.65 A$/sh $16.2m Placement & $3m SPP to Fund Jemalong 50MW Solar Shares on issue 490 m, diluted Market Capitalisation 118 A$m Project Enterprise Value 463 A$m Debt* -400 A$m Cash* 55 A$m Investment case Largest Shareholder J-Power - 19.9%* *assumes J-Power Subscription Agreement at 25.5c & Jemalong equity financing will result in GNX doubling revenue from the Dec financial close of PH and Jemalong H of CY’20. Jemalong builds on a portfolio of long dated, stable annuity-style earnings from a project suite coveted by a market desperate to transition towards greener base load electricity generation. We remain convicted that the Pumped Production F/Cast 2018a 2019f 2020f Hydro – as a renewable-energy storage solution – remains the key differentiator Attrib. Power Generation (GwH) 146.0 144.5 143.1 for the GNX story. The recent agreement with Energy Australia is an endorsement of this and moves the project towards imminent financial close. We view that the Assumptions 2018a 2019f 2020f strategic benefit of this infrastructure in a market that is increasingly reliant upon intermittent renewable electricity generation makes GNX an obvious candidate Guaranteed Price Rec.($/MWh) 88 88 88 Electricity Price inflation 1.5% 1.5% 1.5% for patient money looking for stable, defensible recurring earnings base with considerable upside potential.
    [Show full text]
  • Arena Annual Report 2019-20 3 Overview
    ANNUAL REPORT 2019-20 Image credit: ARENA. OVERVIEW WE ARE ARENA Since 2012, ARENA THE AUSTRALIAN RENEWABLE has supported ENERGY AGENCY 543 projects with ARENA was established by the Australian Government to improve $1.58 billion in grant the competitiveness of renewable energy technologies and increase funding, unlocking the supply of renewable energy in Australia. total investment of We are an Australian Government almost $6.48 billion statutory agency within the Industry, Science, Energy and Resources in Australia’s portfolio, and enabled by the Australian Renewable Energy Agency renewable energy Act 2011 (ARENA Act). industry. OUR PURPOSE is to improve the competitiveness of renewable energy technologies and increase the supply of renewable energy through innovation that benefits Australian consumers and businesses. OUR VALUES are to be impact-driven, stakeholder- focused, collaborative, accountable and respectful of people. OUR WORK is to support Australian renewable energy projects with financial assistance to maximise the benefits of the energy transition to the Australian economy. We also share knowledge, insights and data from our funded projects to help the renewable energy industry and other projects learn from experience. ARENA ANNUAL REPORT 2019-20 3 OVERVIEW ARENA’S IMPACT SO FAR ARENA has played an instrumental role in delivering significant improvements in the competitiveness of renewable energy technologies such as large-scale solar, grid-scale batteries, bioenergy and distributed energy technologies. We have been directly
    [Show full text]
  • WATTS NEWS Week Ending 3 September 2021
    WATTS NEWS Week ending 3 September 2021 Important AltEnergy Service Update We would like to inform subscribers of a number of changes to our service. Following careful analysis and consideration by the AltEnergy team we have decided to increase exposure of our Industry Directory by making it public access, not behind a paywall, so no subscription is required to access it. As a consequence all AltEnergy subscriptions will be consolidated into one product, the AltEnergy Service, at a single cost of $24.50. Find out more details here. In this week’s edition… • Proposed Port Kembla power station declared critical • NEW PROJECT: Pine Ridge Solar Farm • Genex Power FY21 statutory results • Looking for experienced EPC contractors for 5MW project in Australia • PROJECT NEWS: Metz Solar Farm • Amp Energy Agreement for Lease with the Barngarla People of South Australia • NEW PROJECT: Moah Creek Renewable Energy Project • Purchase agreements executed for first two BOO sites • Reliability outlook positive as energy transition accelerates • VRET2 • Contact Energy to supply ‘flexible’ renewable electricity for new data centre near Clyde Dam • Octopus Australia to acquire 180MW Dulacca Wind Farm from RES • NEW PROJECT: Bulahdelah Solar and Storage • Vestas secures 181 MW deal for Dulacca Wind Farm in Australia • Siemens' string inverters is ON! powering Solar Farm in WA mine • PROJECT NEWS: Aurora Energy Project • Financial close for 396MW Rye Park Wind Farm • PROJECT NEWS: Kumbarilla Renewable Energy Park • Energy market on track for Five-Minute Settlement rule commencement • Introducing legislation to unlock investment in offshore energy projects • Star of the South welcomes historic moment for offshore wind in Australia Proposed Port Kembla power Infrastructure (CSSI), given its importance to renewable energy capacity in NSW.
    [Show full text]
  • 2019 Annual Report
    2019 Annual Report ABN 18 152 098 854 www.genexpower.com.au 2 Annual Report 2019 Genex Power… Renewable energy on tap… Genex Power Limited is an Australian publicly listed company on the ASX (trading under the code ‘GNX’), focused on generation and storage of renewable energy. Genex is developing a clean energy hub in north Queensland, integrating large-scale solar with pumped storage hydro. The Genex ‘Kidston Clean Energy Hub’ is a world first, innovative integration of intermittent solar energy with low cost energy storage creating “Renewable Energy On Tap”. The Company is also developing the 50MW Jemalong Solar Project (JSP), located near Forbes in NSW. 3 Annual Report 2017/18 CONTENTS 1. Chairman’s Letter 04 2. Chief Executive Officer’s Review of Operations 06 3. Directors' Report and Remuneration Report 09 4. Auditor's Independence Declaration 20 5. Financial Statements 21 6. Directors’ Declaration 65 7. Independent Auditor’s Report 66 8. Corporate Governance Statement 70 9. Additional Securities Exchange Information 80 10. Corporate Directory 84 Genex gets $610m green power loan tick from NAIF – July 2019 J-Power snaps up Genex Power Stake – June 2019 States eyes link-up for renewable power hub – August 2019 Power play: pumped hydro eyes path through Australia ’s climate wars – April 2019 Genex goes into trading halt, ahead of fund-raising for JSP – June 2019 Powering up hydro jobs for the north – July 2019 4 Annual Report 2019 1. CHAIRMAN’S LETTER Dear Shareholder, On behalf of the Board of Directors of Genex Power Limited (Genex or Company) it is with great pleasure that I present to you this annual report for the 2019 Financial Year (FY19), a year in which the Company continued to grow through reaching several new milestones.
    [Show full text]
  • Regions and Marginal Loss Factors: FY 2020-21
    Regions and Marginal Loss Factors: FY 2020-21 July 2021 A report for the National Electricity Market Important notice PURPOSE This document has been prepared by AEMO as the ‘Regions Publication’ under clause 2A.1.3 of the National Electricity Rules (Rules), and to inform Registered Participants of the 2020-21 inter-regional loss equations under clause 3.6.1 of the Rules and 2020-21 intra-regional loss factors under clause 3.6.2 of the Rules. This document has effect only for the purposes set out in the Rules. The National Electricity Law (Law) and the Rules prevail over this document to the extent of any inconsistency. DISCLAIMER The calculation of the loss factors presented in this document incorporates information and forecasts from third parties. AEMO has made every reasonable effort to ensure the quality of the information in this publication but cannot guarantee that any information, forecasts and assumptions are accurate, complete or appropriate for your circumstances. Explanatory information in this document does not constitute legal or business advice, and should not be relied on as a substitute for obtaining detailed and specific advice about the Law, the Rules, any other applicable laws, procedures or policies or the future development of the National Electricity Market power system. Accordingly, to the maximum extent permitted by law, AEMO and its officers, employees and consultants involved in the preparation of this document: • make no representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of the information in this document; and • are not liable (whether by reason of negligence or otherwise) for any statements or representations in this document, or any omissions from it, or for any use or reliance on the information in it.
    [Show full text]