2010-11 Annual Stakeholder Report

Total Page:16

File Type:pdf, Size:1020Kb

2010-11 Annual Stakeholder Report ERGON ENERGY ANNUAL STAKEHOLDER REPORT ANNUAL STAKEHOLDER REPORT 2010/11 “Our storm season response... is one of the clearest examples in the company’s history of our people truly demonstrating their commitment to our vision of 2010/11 being a world-class, customer-driven energy business.” Ian McLeod Chief Executive ANNUAL STAKEHOLDER REPORT responsive. resourceful. ready. 2010/11 Customer Service 13 10 46 7.00am – 6.30pm, Monday to Friday Faults Only 13 22 96 24 hours a day, 7 days a week Life-Threatening Emergencies Only Triple zero (000) or 13 16 70 24 hours a day, 7 days a week Offi ce of the Customer Advocate Customer Advocate PO Box 15107 Brisbane QLD 4002 [email protected] Ergon Energy Corporation Limited ABN 50 087 646 062 Ergon Energy Queensland Pty Ltd Cover: Dalby’s Chris Mandall works ABN 11 121 177 802 on repairing connections on a pole in Andrew Street, Kurrimine Beach, one of ergon.com.au the areas hardest hit by Cyclone Yasi. ERGON ENERGY ANNUAL STAKEHOLDER REPORT ANNUAL STAKEHOLDER REPORT 2010/11 “Our storm season response... is one of the clearest examples in the company’s history of our people truly demonstrating their commitment to our vision of 2010/11 being a world-class, customer-driven energy business.” Ian McLeod Chief Executive ANNUAL STAKEHOLDER REPORT responsive. resourceful. ready. 2010/11 Customer Service 13 10 46 7.00am – 6.30pm, Monday to Friday Faults Only 13 22 96 24 hours a day, 7 days a week Life-Threatening Emergencies Only Triple zero (000) or 13 16 70 24 hours a day, 7 days a week Offi ce of the Customer Advocate Customer Advocate PO Box 15107 Brisbane QLD 4002 [email protected] Ergon Energy Corporation Limited ABN 50 087 646 062 Ergon Energy Queensland Pty Ltd Cover: Dalby’s Chris Mandall works ABN 11 121 177 802 on repairing connections on a pole in Andrew Street, Kurrimine Beach, one of ergon.com.au the areas hardest hit by Cyclone Yasi. readyready for for a record a record summer summer season season COMMONCOMMON INDUSTRY INDUSTRY UNITS UNITS OF MEASUREOF MEASURE 32,21032,210 FloodingFlooding hampers hampers SAIDI SAIDI LTIDR LTIDR kV kV kilovolt – onekilovolt kV equals – one kV1,000 equals volts 1,000 volts customerscustomers System AverageSystem interruption Average interruption Duration Duration Lost Time LostInjury Time Duration Injury Rate. Duration Total Rate. Total networknetwork repairs repairs Index. NetworkIndex. reliability Network reliabilityperformance performance days lost duedays to lost injuries due to per injuries million per millionW W watt – a measurewatt – a ofmeasure the power of thepresent power present contact Ergoncontact Ergon index, indicatingindex, indicatingthe total minutes, the total on minutes, on hours workedhours over worked the 12 over month the 12 month Energy forEnergy for along thealong Cassowary the Cassowary when a currentwhen ofa currentone ampere of one fl owsampere fl ows average, thataverage, customers that customers are without are without reporting reportingperiod. Lost period. Time LostInjuries Time Injuries under a pressureunder a ofpressure one volt of one volt informationinformation on onCoast. Coast. electricityelectricity during the during relevant the relevant ProgressiveProgressive Days Lost Daysx 1, 000, Lost 000 x 1, / 000, 000 / the fi rst theday. fi rst day. period (minutes).period (minutes). Exposure HoursExposure Hours kW kW kilowatt – kilowattone kW equals– one kW 1,000 equals watts 1,000 watts SAIFI SAIFI System AverageSystem Interruption Average Interruption DEEFR DEEFR Dangerous Dangerous Electrical ElectricalEvent Frequency Event Frequency MW MW megawatt megawatt– one MW –equals one MW equals FloodingFlooding throughout throughout 3 FEBRUARY3 FEBRUARY 1,3401,340 FrequencyFrequency Index. Network Index. reliability Network reliability Rate. A safeRate. work A safepractice work measure practice measure 1,000 kilowatts1,000 kilowatts performanceperformance index, indicating index, indicatingthe the that tracksthat Dangerous tracks Dangerous Electrical Electrical Annual SummerAnnual Summer kWh kWh kilowatt hour kilowatt – the hour standard – the ‘unit’standard ‘unit’ the Souththe East South and East and fi eld personnelfi eld personnel average numberaverage of number occasions of occasions each each Events (DEEs)Events associated (DEEs) associated with work with work of electricity of electricity which represents which represents the the PreparednessPreparedness The monsoonalThe monsoonal South West.South West. from acrossfrom across 7.6m7.6m customer customeris interrupted is interrupted during the during the done by ourdone employees by our employees (DEEs x million (DEEs x million consumptionconsumption of electrical of electricalenergy at energy at Plan deliveredPlan delivered to to trough remainstrough remains AustraliaAustralia are on are on Bungil CreekBungil in Creek in relevant periodrelevant (interruptions). period (interruptions). / exposure/ hours).exposure Dangerous hours). Dangerous the rate ofthe one rate kilowatt of one over kilowatt a period over a period ensure weensure are we are stationarystationary over land over land the groundthe as ground part as part Roma peaks,Roma peaks, CustomerCustomer Customer Customerminutes is minutes a measure is a measure Electrical ElectricalEvents (DEE) Events x 1, 000,(DEE) 000 x 1, / 000, 000 / of one hourof one hour Exposure ExposureHours Hours of the response.of the response. causing morecausing more Minutes Minutes of the number of the of number customers of customers interrupted interrupted MWh MWh megawatt megawatthour – one hour MWh – equalsone MWh equals . CYCLONECYCLONE for a numberfor a number of days of days READYREADY localisedlocalised multipliedmultiplied by the duration by the of duration a power of a powerV V volt – the unitvolt of– thepotential unit of or potential or 1,000 kilowatt1,000 hours kilowatt hours deliveringdelivering heavy rain heavy rain outage or outageoutages, or incorporating outages, incorporating any any electrical electricalpressure pressure TASHATASHA 12 FEBRUARY12 FEBRUARY fl ooding.fl ooding. GWh GWhgigawatt hourgigawatt – one hour GWh – equalsone GWh equals 1 DECEMBER1 DECEMBER staged restoration.staged restoration. VA VA volt amperevolt – voltampere amperes – volt areamperes the are the The CategoryThe Category 1 across1 theacross state. the state. 1,000 megawatt1,000 megawatt hours or one hours million or one million AIFR AIFR All Injury Frequency All Injury Frequency Rate – measured Rate – measured ‘apparent ‘apparentpower’ and power’ are the and product are the product 19 APRIL 19 APRIL kilowatt hourskilowatt hours system crossessystem crosses as numberas of number injuries ofper injuries million per hours million hours of the voltageof the applied voltage to appliedthe equipment to the equipment CYCLONECYCLONE HV HV high voltage high – alternatingvoltage – alternating current current around around DisasterDisaster declared declared worked. Lostworked. Time LostInjuries Time (LTI) Injuries + (LTI) + times the currenttimes the drawn current by thedrawn by the above 1,000Vabove 1,000V in Dalby inand Dalby and equipment.equipment. The VA rating The isVA limited rating byis limited by GordonvaleGordonvale on on YASI YASI Ergon Energy’sErgon Energy’s Medical TreatmentMedical Treatment Injuries (MTI) Injuries x 1, (MTI) x 1, Theodore,Theodore, and and 000, 000 / 000,Exposure 000 / ExposureHours Hours the maximumthe maximum permissible permissible current, and current, LV and LV low voltagelow – alternatingvoltage – alternating current current ChristmasChristmas Day Day The CategoryThe Category 5 5 220220 incident incidentresponse response then in Emerald,then in Emerald, the watt ratingthe watt by the rating power-handling by the power-handling above 32Vabove and not 32V exceeding and not exceeding 1,000V 1,000V and movesand inland moves inland system reachessystem reaches mobile mobile team forteam Cyclone for Cyclone LTIFR LTIFR Lost Time LostInjury Time Frequency Injury Frequency Rate. Rate. Bundaberg,Bundaberg, Number ofNumber lost-time of injurieslost-time per injuries per capacity ofcapacity the device of the device tCO2 -e tCO2 tonnes -e of carbon tonnes ofdioxide carbon equivalents dioxide equivalents to Ravenshoe.to Ravenshoe. the Cassowarythe Cassowary 601,942601,942generatorsgenerators on on Yasi standsYasi down stands down Control roomControl room Central Central Flash fl oodingFlash fl ooding personnelpersonnel and and million hoursmillion worked hours over worked the over the kVA kVA kilovolt amperekilovolt – oneampere kVA – one kVA 120mm120mm Coast andCoast and square square hand duringhand the during the followingfollowing the the Around Around 12 month reporting12 month reportingperiod. Lost period. Time Lost Time equals 1,000equals VA 1,000 VA Highlands,Highlands, North North occurs inoccurs in fi eld crewsfi eld are crews are 8,5008,500 crosses crosses kilometreskilometres of our of ourresponse response effort. effort. completioncompletion of of Injuries (LTI)Injuries x 1, 000, (LTI) 000 x 1, / 000,Exposure 000 / Exposure rain in Emerald.rain in Emerald. Burnett andBurnett and ToowoombaToowoomba MVA MVAmegavolt amperemegavolt – oneampere MVA – one MVA homes andhomes and overnight.overnight. service areaservice has area hasThat’s 70MVA.That’s 70MVA. fi nal assetfi nal asset again makingagain making Hours Hours Woorabinda.Woorabinda. and downand the down the 520,000520,000 equals 1,000equals kVA 1,000 kVA Fitzroy RiverFitzroy River been impactedbeen impacted by by inspections.inspections. disconnectionsdisconnections
Recommended publications
  • Queensland Commission of Audit's Final
    Queensland Commission of Audit Final Report - February 2013 Volume 2 Queensland Commission of Audit Final Report February 2013 - Volume 2 Final Report February 2013 - Volume © Crown copyright All rights reserved Queensland Government 2013 Excerpts from this publication may be reproduced, with appropriate achnowledgement, as permitted under the Copyright Act Queensland Commission of Audit Final Report - February 2013 Volume 2 TABLE OF CONTENTS FINAL REPORT VOLUME 1 Transmittal Letter ...................................................................................................... i Acknowledgements .................................................................................................. iii Explanatory Notes .................................................................................................... iv Terms of Reference .................................................................................................. v Report Linkages to Terms of Reference .................................................................. vii Table of Contents ..................................................................................................... ix EXECUTIVE SUMMARY AND RECOMMENDATIONS Executive Summary .............................................................................................. 1-3 List of Recommendations .................................................................................... 1-27 Glossary .............................................................................................................
    [Show full text]
  • Budget Papers 2004-05
    ! " # $ % ! !!!"# "$" " %&!' ( ) * +,' -* #' * # '! '.! * * & (' " &' ! (&)*+ , (&*+ , STATE BUDGET 2004-05 CAPITAL STATEMENT Budget Paper No. 3 TABLE OF CONTENTS 1. Overview Introduction .........................................................................................................1 Employment Generation .....................................................................................4 Funding the State Capital Program.....................................................................5 Key Concepts, Scope and Coverage..................................................................8 2. State Capital Program - Planning and Priorities Introduction.................................................................................................9 General Government Sector Capital Planning and Priorities ..............................9 2004-05 Highlights ............................................................................................11 Public Non-Financial Corporations Sector Capital Planning and Priorities .......13 Appendix 2.1.....................................................................................................17 3. Private Sector Contribution to the Delivery of Public Infrastructure Queensland’s Public Private Partnership Policy and Value for Money Framework........................................................................................................19 Potential Public Private Partnership Projects....................................................19
    [Show full text]
  • Download the Documents from the Smart Jobs and Careers Website At
    QueenslandQueensland Government Government Gazette Gazette PP 451207100087 PUBLISHED BY AUTHORITY ISSN 0155-9370 Vol. 348] Friday 6 June 2008 You can advertise in the Gazette! ADVERTISING RATE FOR A QUARTER PAGE $500+gst (casual) Contact your nearest representative to fi nd out more about the placement of your advertisement in the weekly Queensland Government Gazette Qld : Maree Fraser - mobile: 0408 735 338 - email: [email protected] NSW : Jonathon Tremain - phone: 02 9499 4599 - email: [email protected] [685] Queensland Government Gazette Extraordinary PP 451207100087 PUBLISHED BY AUTHORITY ISSN 0155-9370 Vol. 348] Monday 2 June 2008 [No. 31 Premier’s Office COPY OF COMMISSION Brisbane, 2 June 2008 Constitution of Queensland 2001 Her Excellency the Governor directs it to be notified that, being about to absent herself from the seat of government for To the Honourable PAUL de JERSEY, Chief Justice of a short period from 8.45am on 2 June 2008, under Her Hand Queensland. and the Public Seal of the State, she has delegated all the powers of the Governor to the Honourable Paul de Jersey, I, QUENTIN BRYCE, Governor, acting under section 40 of the Chief Justice of Queensland, to exercise as Deputy Governor. Constitution of Queensland 2001, delegate all the powers of the Governor to you, PAUL de JERSEY, Chief Justice of ANNA BLIGH MP Queensland, to exercise as Deputy Governor for the short PREMIER OF QUEENSLAND period from 8:45am on Monday 2 June 2008 during my temporary absence from the seat of government. [L.S.] Premier’s Office Brisbane, 2 June 2008 Quentin Bryce Her Excellency the Governor has been pleased to direct the Signed and sealed with the Public Seal of the State on publication for general information of the following Copy of a 30 May 2008.
    [Show full text]
  • Ergon Energy Annual Stakeholder Report 2015-16
    Ergon Energy Annual Stakeholder Report 2015–16 “Our industry is changing fast… so we have to Geoff McGraw, like our other be constantly thinking forward to ensure we can regional managers, takes the opportunity wherever he can to get best deliver for the community Our goal is to out into the community Here, and on the cover, he is meeting some of remain at the core of how our kids will choose the next generation as part of our to source and use electricity into the future ” Safety Heroes program Our school electrical safety education program is helping teachers, like Annette Geoff McGraw Ryan from Whitfield State School, explore the world of electricity Lines Manager Tropical North with their students p19 Contents Ergon Energy in profile 3 Year in summary 6 Chairman’s message 8 Chief Executive’s report 9 Review of operations 10 • More value and choice 10 • Evolving the network 22 • Our people, our future 28 Delivering economic value 37 Our corporate governance statement 40 Looking for more information? Our Annual Stakeholder Report is part of a suite of documents available online at www.ergon.com.au/annualreport Ergon Energy is very much part of the fabric of life in regional Queensland. We see ourselves as powering prosperity – energising the lifestyles we enjoy and most critically our local economies. To achieve this we’re delivering the ‘peace of mind’ that comes from a safe, dependable electricity service and enabling greater customer ‘choice and control’ in their energy solutions… all for the ‘best possible price’. Like many others, we’re evolving as a business to embrace change… in the way our customers are using the network with the take up of new energy-related technologies, change in the energy market itself, and change in the economic environment.
    [Show full text]
  • DNRM to Origin
    0ong m 17 August 2007 Ref: 01·02 Mining Legislation Review Mining and Petroleum Department of Mines and Energy PO Box 15216 CITY EAST Qld 4002 Dear Sir/Madam, RE: REVIEW OF QUEENSLAND MINING LEGISLATION- ORIGIN ENERGY SUBMISSION Origin Energy Limited (Origin) welcomes this opportunity to make early comment on the review of Queensland mining legislation, and in particular the M;neral Resources Act 1989 ) (MRA). We applaud the intention of the discussion paper to promote engagement with stakeholders to create discussion and elicit suggestions on both broader policy issues and specific aspects of the MRA. Origin looks forward to being involved in all stages of the discussion and the subsequent drafting of the legislation. As a major investor and operator in both the upstream coal seam gas (CSG) and conventional petroleum industries and the downstream industry in Queensland, Origin conducts activities which are impacted by issues administered under the MRA. In this light our interest relates to the potential for amendments which create precedents that are inconsistent with provisions administered under the Petroleum and Gas (Production and Safety) Act 2004 (PGA), and the Petroleum Act 1923 (1923 Act), particularly in regard to issues dealing with stakeholders such as landholders, the use of water, underground coal gasification (UCG), and the provision and release of data. Origin opposes any amendments to the MRA which adversely impact on rights of existing petroleum tenement holders. Origin also notes that the tenur.e system introduced to the MRA in 2004 creates additional uncertainty during the exploration phase for petroleum tenement holders, particularly in regard to securing petroleum leases.
    [Show full text]
  • 2013 Annual Stakeholder Report
    ANNUAL STAKEHOLDER REPORT 2012/13 Customer Service 13 10 46 7.00am – 6.30pm, Monday to Friday Faults Only 13 22 96 24 hours a day, 7 days a week Life-Threatening Emergencies Only Triple zero (000) or 13 16 70 24 hours a day, 7 days a week ERGON ENERGY Customer Advocate PO Box 264 Fortitude Valley QLD 4406 [email protected] Annual Stakeholder Ergon Energy Corporation Limited ABN 50 087 646 062 Ergon Energy Queensland Pty Ltd ABN 11 121 177 802 Report 2012/13 ergon.com.au ABBREVIATIONS A&TSI Aboriginal and Torres Strait ISO International Organisation for Islander Standards AER Australian Energy Regulator KPI Key Performance Indicator ASX Australian Stock Exchange LEP Long-Term Energy Procurement CONTENTS CMC Crime and Misconduct Commission MSS Minimum Service Standards CPI Cost Performance Index NIRC Network Investment Review CPI Consumer Price Index Committee ABOUT OUR REPORT 2 CSI Comprehensive Safety Indicator NPAT Net Profi t After Tax CSO Community Service Obligation QCA Queensland Competition Authority ERGON ENERGY IN PROFILE 3 DEEs Dangerous Electrical Events RAP Reconciliation Action Plan EBIT Earnings Before Interest and Tax RECs Renewable Energy Certifi cates THE YEAR IN SUMMARY 6 ENA Energy Networks Association ROAMES Remote Observation Advanced EV Electric Vehicle Modelling Economic Simulation CHAIRMAN’S MESSAGE 8 FTE Full Time Equivalent SCADA Supervisory Control and Data GECs Gas Electricity Certifi cates Acquisition system CHIEF EXECUTIVE’S REPORT 9 GFC Global Financial Crisis SCI Statement of Corporate Intent GPS
    [Show full text]
  • 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)
    [Show full text]
  • Gas Stations Output (Gwh) 2015 2016 2017 NSW Colongra Power Station
    Figure 1: Gas stations Output (GWh) 2015 2016 2017 Colongra Power Station 16.5 23.0 8.1 Smithfield Energy Facility 862.9 905.3 521.7 NSW Tallawarra 2477.4 850.0 1629.0 Uranquinty Power Station 479.7 731.9 723.0 Barcaldine Power Station 5.6 3.2 3.2 Braemar 1566.0 785.6 701.2 Braemar 2 1899.2 632.4 375.1 Condamine Power Station A 524.5 828.8 1058.9 QLD Darling Downs Power Station 4118.4 3036.7 2467.8 Oakey Power Station 720.6 271.7 160.6 Roma Gas Turbine Station 114.0 84.2 52.1 Townsville Gas Turbine (Yabulu) 52.5 350.1 379.6 Yarwun Power Station 1059.5 1114.2 1150.8 Dry Creek Gas Turbine Station 4.7 10.2 6.8 Hallett 29.6 38.6 19.9 Ladbroke Grove Power Station 184.9 170.9 194.6 Mintaro Gas Turbine Station 10.5 17.3 34.0 SA Osborne Power Station 1269.0 873.6 1256.6 Pelican Point Power Station 552.7 435.4 2481.6 Quarantine 161.9 161.1 204.6 Torrens Island Power Station A 414.2 677.9 522.0 Torrens Island Power Station B 1620.7 1917.4 2236.1 Tamar Valley Combined Cycle Power Station 0.0 540.2 1058.2 TAS Tamar Valley Peaking Power Station 16.1 212.2 119.5 Bairnsdale Power Station 143.4 150.0 277.1 Jeeralang A Power Station 11.5 11.8 16.1 Jeeralang B Power Station 25.9 45.7 89.0 Laverton 8.8 15.1 206.3 VIC Mortlake Power Station 586.6 418.9 1646.4 Newport Power Station 191.1 206.2 881.9 Somerton 2.9 21.6 79.1 Valley Power 3.6 11.3 13.6 Source: NEM review; Australian Energy Council analysis Figure 2: Percentage change in gas generation output % change in 2016 % change in 2017 Colongra Power Station 40% -65% Smithfield Energy Facility 5% -42% NSW
    [Show full text]
  • Ergon Energy Annual Stakeholder Report 2014–15 Contents
    peace of mind choice and control for the best possible price Ergon Energy Annual Stakeholder Report 2014–15 Contents About our report 2 Ergon Energy in profile 3 Year in summary 6 Chairman’s message 8 Chief Executive’s report 9 Review of operations 12 Creating fresh value and choice Details our focus on building customer value and addressing electricity affordability, and how we have delivered against our service commitments and as a responsible provider. Evolving a smarter network Showcases how we are optimising our investment and evolving a smarter network, and building on our demand management success, to deliver more efficiently and create new value. Embracing change and technology Highlights how we’re investing in our people and becoming increasingly technology-enabled – to be ‘future ready’ – and outlines our focus on safety and the environment. Delivering economic value 39 Our corporate governance statement 43 Looking for more information? The Annual Financial Statements for Ergon Energy Corporation Limited and its Controlled Entities (including the Directors’ Report and our Financial Statements), as well as previous reports, are available online at www.ergon.com.au/annualreport Many of our challenges in servicing regional Queensland are unique. Our communities are spread out to the far reaches of the state, and we can experience cyclones and floods one day and bushfires the next. To us, as an energy company, these and our other ‘shared’ challenges have a silver lining. They make us innovate, and think forward. They spur us on to develop different, smarter ways of doing things, like using technology to help better service our customers, or renewable energy and battery storage to create more efficient solutions.
    [Show full text]
  • ERGON ENERGY Annual Stakeholder Report 2011/12 CONTENTS
    ERGON ENERGY Annual Stakeholder Report 2011/12 CONTENTS ABOUT OUR REPORT 2 ERGON ENERGY IN PROFILE 3 THE YEAR IN SUMMARY 6 CHAIRMAN’S MESSAGE 10 CHIEF EXECUTIVE’S REPORT 11 REVIEW OF OPERATIONS 13 CUSTOMER-DRIVEN 14 Details the emphasis we’re placing on being customer-driven, on being more cost-efficient and delivering increasing customer value and choice. ASSET MANAGEMENT EXCELLENCE 22 Showcases how we’re lifting our asset management capability to deliver more reliable, efficient and sustainable energy supply solutions. HIGH-PERFORMANCE ORGANISATION 28 Outlines our success in realising greater efficiencies and effectiveness, and the role information technology will increasingly play in supporting our people. OUR ECONOMIC AND FINANCIAL PERFORMANCE 39 OUR CORPORATE GOVERNANCE STATEMENT 43 LOOKING FOR MORE INFORMATION? This Annual Stakeholder Report and the Annual Financial Statements for Ergon Energy Corporation Limited and its Controlled Entities (including the Directors’ Report and our Financial Statements), as well as previous year’s reports, are available online at www.ergon.com.au/annualreport Additional statistics, abbreviations and industry measures are provided on page 56. Ergon Energy recognises that the rising price of electricity is a concern for our customers. Addressing this issue is at the core of our strategic plan, as well as the achievements and challenges highlighted in this report. We are committed to doing everything we can to positively affect the price our customers pay for electricity – whether this is by managing electricity demand during peak times to make better use of our assets or reducing our own costs through business efficiency and improvements. At the same time we know we have to keep pace with the growing demand for electricity and that our customers expect to have a safe and reliable electricity supply.
    [Show full text]
  • Part B: Program – 2019 Update
    State Infrastructure Plan Part B: Program – 2019 update The Department of State Development, Manufacturing, Infrastructure and Planning improves productivity and quality of life in Queensland by leading economic strategy, industry development, infrastructure and planning, for the benefit of all. Copyright This publication is protected by the Copyright Act 1968. Licence This work, except as identified below, is licensed by the Department of State Development under a Creative Commons Attribution-No Derivative Works (CC BY-ND) 4.0 Australia licence. To view a copy of this licence, visit: http://creativecommons.org.au/ You are free to copy and communicate this publication, as long as you attribute it as follows: © State of Queensland, Department of State Development, Manufacturing, Infrastructure and Planning, July 2019. Third party material that is not licensed under a Creative Commons licence is referenced within this document. All content not licensed under a Creative Commons licence is all rights reserved. Please contact the Department of State Development, Manufacturing, Infrastructure and Planning / the copyright owner if you wish to use this material. The Queensland Government is committed to providing accessible services to Queenslanders of all cultural and linguistic backgrounds. If you have difficulty understanding this publication and need a translator, please call the Translating and Interpreting Service (TIS National) on 13 14 50 and ask them to contact the Queensland Department of State Development, Manufacturing, Infrastructure and Planning on 07 3452 7100 Disclaimer While every care has been taken in preparing this publication, to the extent permitted by law, the State of Queensland accepts no responsibility and disclaims all liability (including without limitation, liability in negligence) for all expenses, losses (including direct and indirect loss), damages and costs incurred as a result of decisions or actions taken as a result of any data, information, statement or advice, expressed or implied, contained within.
    [Show full text]
  • Distribution Annual Planning Report (DAPR) Is Prepared and Made Available Solely for Information Purposes
    Chapter 7 2019-20 to 2023-24 2019-20 to 2023-24 Version Control Version Date Description 1.0 24/12/2019 Final for Publication Further Information Further information on Ergon Energy’s network management is available on our website: https://www.ergon.com.au/network/network-management Disclaimer Ergon Energy’s Distribution Annual Planning Report (DAPR) is prepared and made available solely for information purposes. While care was taken in the preparation of the information in the DAPR, and it is provided in good faith, Ergon Energy accepts no responsibility or liability for any loss or damage that may be incurred by any person acting in reliance on this information or assumptions drawn from it, except to the extent that liability under any applicable Queensland or Commonwealth of Australia statute cannot be excluded (including without limitation, liability to any person by reason of negligence or negligent mis-statement). It contains assumptions regarding, among other things, economic growth, load forecasts and network capacity, which may or may not prove to be correct. The forecasts included in the DAPR involve subjective judgements and analysis which are subject to significant uncertainties and contingencies, many of which are out of the control of Ergon Energy. Ergon Energy makes no representation or warranty as to the accuracy, reliability, completeness or suitability for any particular purpose of the information in this document. All information should be independently investigated, reviewed, analysed and verified, and must not be relied upon in connection with any investment proposal or decision. All financials presented in the DAPR are correct at the time of writing (Dec 2019) and represent the existing organisational accounting treatment, which may be subject to change.
    [Show full text]