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Annual Report 2016-17 Overview Agency Performance Significant Issues Disclosures and Legal Compliance Appendix
ANNUAL REPORT 2016-17 OVERVIEW AGENCY PERFORMANCE SIGNIFICANT ISSUES DISCLOSURES AND LEGAL COMPLIANCE APPENDIX Promoting fair prices, quality services and choice Image courtesy of Western Power Statement of compliance Dear Treasurer Hon. Ben Wyatt MLA ECONOMIC REGULATION AUTHORITY 2016-17 ANNUAL REPORT Treasurer In accordance with section 61 of the Financial Management Act 2006, I hereby submit for your 11th Floor, Dumas House information and presentation to Parliament, the annual report of the Economic Regulation Authority Havelock Street for the financial year ended 30 June 2017. West Perth WA 6005 The annual report has been prepared in accordance with the provisions of the Financial Management Act 2006, the Public Sector Management Act 1994 and the Treasurer’s Instructions. Yours sincerely, Nicola Cusworth Chair Front cover image courtesy of Western Power 2 Annual Report 2016-2017 Economic Regulation Authority OVERVIEW AGENCY PERFORMANCE SIGNIFICANT ISSUES DISCLOSURES AND LEGAL COMPLIANCE APPENDIX Accessing the annual report Our 2016-17 annual report and previous Image courtesy of Western Power annual reports are available on our website www.erawa.com.au. To make our annual report as accessible as possible, we have provided it in the following formats: • An interactive PDF version, which has links to other sections of the annual report, as well as external links to content on our website. • An online version, which allows for quick and Contact details easy viewing of annual report sections. This Office address Postal address version also features easy to use download and Office hours 9:00 am to 5:00 pm PO Box 8469, Perth WA 6849 print functions. -
Western Australia Gas Statement of Opportunities
Western Australia Gas Statement of Opportunities December 2018 Important notice PURPOSE The purpose of this publication is to provide information about the natural gas industry in Western Australia. AEMO publishes this Western Australian Gas Statement of Opportunities (GSOO) in accordance with rule 103 of the Gas Services Information Rules (GSI Rules). This publication has been prepared by AEMO using information available at 14 August 2018. Information made available after this date may have been included in this publication, where practical. DISCLAIMER This document, or the information in it, may be subsequently updated or amended. This document does not constitute legal or business advice, and should not be relied on as a substitute for obtaining detailed advice about the Gas Services Information Rules, or any other applicable laws, procedures or policies. AEMO has made every effort to ensure the quality of the information in this document, but cannot guarantee its accuracy or completeness. 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. ACKNOWLEDGEMENTS AND FEEDBACK AEMO acknowledges the support, co-operation and the contribution of Gas Market Participants and gas stakeholders for providing data and information, received via formal and informal feedback, used in this publication. -
2020 Shell in Australia Modern Slavery Statement
DocuSign Envelope ID: D3E27182-0A3B-4D38-A884-F3C2C5F0C272 JOINT MODERN SLAVERY STATEMENT UNDER THE MODERN SLAVERY ACT 2018 (CTH) FOR THE REPORTING PERIOD 1 JANUARY 2020 TO 31 DECEMBER 2020 Shell Energy Holdings Australia Limited has prepared this modern slavery statement in consultation with each of the following reporting entities, and is published by the following reporting entities in compliance with the Modern Slavery Act 2018 (Cth) (No. 153, 2018) (“Modern Slavery Act”):- 1) Shell Energy Holdings Australia Limited (“SEHAL”); 2) QGC Upstream Investments Pty Ltd (“QGC Upstream”); 3) QGC Midstream Investments Pty Ltd (“QGC Midstream”); and 4) ERM Power Limited (“ERM Power”), (collectively “Shell”, “our” or “we”)i Note on ERM Power: At the time this statement’s publication, ERM Power Limited will have been re- named to Shell Energy Operations Pty Ltd. However, as this statement pertains to ERM Power Limited’s structure, operations and supply chain from 1 January 2020 to 31 December 2020, we have maintained the previous entity name of ERM Power Limited for this statement. In addition, as ERM Power’s integration into Shell is ongoing, we have noted throughout this statement where ERM Power’s approach or processes differ from that of Shell. Finally, at the time this statement’s publication, ERM Power’s policies, for which links are listed under the “ERM Power” sub-heading in “Our values, policies & approach to human rights”, will be decommissioned; however would be available upon request as ERM has adopted the equivalent Shell policies. Introduction Shell is opposed to all forms of modern slavery. Such exploitation is against Shell’s commitment to respect human rights as set out in the Universal Declaration of Human Rights and the International Labour Organization 1998 Declaration of the Fundamental Principles of Rights at Work. -
Creating Customer Choice by Being the World's Best Microgrid Company
Creating customer choice by being the world’s best microgrid company We work with our customers to eliminate barriers to new energy innovations Who we are Horizon Power generates, distributes, and We’re at the forefront of sells electricity to more than 47,000 customers, energy innovation supplying over 100,000 residents and 10,000 businesses in regional towns and remote The energy industry is undergoing an communities across Western Australia. unprecedented period of change, driven by customers adopting new technologies like solar We’re a Government Trading Enterprise and we PV systems and batteries, as they seek to play operate across the full energy supply chain – a greater role in how they receive energy and generation, distribution and transmission, and engage with their energy provider. retail services. Our operations cover a vast service area, approximately 2.3 million square kilometres The Energy Networks Association and CSIRO of rugged terrain, which means we service the have forecast that by 2030 about 50 per cent biggest geographical area with the least amount of the electricity produced will come from of customers in the world. For every 53.5 square consumers, mainly generated by rooftop solar kilometres of terrain, we have only one customer. PV systems and batteries. Our vision is to create customer choice by being Horizon Power is exploring a future where the world’s best microgrid company and our electricity is generated by households and purpose is to provide Energy for Life. industry using rooftop solar, batteries and standalone power systems which can be incorporated into the electricity network or microgrid systems. -
Post-Show Report
POST-SHOW REPORT 2016 sponsors and exhibitors included: +61 (0)2 8188 7597 [email protected] www.energyweek.com.au | 1 AUSTRALIAN ENERGY WEEK 2016 REVIEW FROM THE CHAIR Dear Energy Executive, More than 400 attendees at Australian Energy Week in Melbourne in mid-June had the benefit of 88 expert presenters and panelists over 4 days, across 8 different tracks. They covered a wide range of issues that stand between the Australian community and achievement of the CoAG Energy Council’s recently-announced goal of integrating energy and climate change policies to deliver secure supply and the lowest possible prices. Not surprisingly, much of the speakers’ focus - and the audience’s questions - was on the drivers for change and the need for a durable, bipartisan approach to settle investors’ nerves and to encourage lenders’ support for new developments. One of the most interesting questions was posed by speaker Roberto Bocco, Head of Energy Industries at the World Economic Forum. “We are witnessing a continuous trend for decarbonisation,” he said, “but what if the future of energy is different from what we are expecting?” Diversity among leading nations pursuing the transformation of electricity supply, he pointed out, highlights that there is no single pathway to a more affordable, sustainable and secure energy system. The capacity of the Australian Energy Week presenters to pursue the prospects of diversity and the differing pathways to our national energy future was, I think, the major strength of the conference - which will be held again in Melbourne in May next year. Feedback from the attendees thronging the Albert Park venue for the event repeatedly pointed to the benefits of being exposed to a wide range of views in an environment notable for calm discussion - and, having organised and participated in a multitude of conferences over the past 35 years, I was struck by the high level of networking I saw around me. -
ERM Power's Neerabup
PROSPECTUS for the offer of 57,142,858 Shares at $1.75 per Share in ERM Power For personal use only Global Co-ordinator Joint Lead Managers ERMERR M POWERPOWEPOWP OWE R PROSPECTUSPROSPEOSP CTUCTUSTU 1 Important Information Offer Information. Proportionate consolidation is not consistent with Australian The Offer contained in this Prospectus is an invitation to acquire fully Accounting Standards as set out in Sections 1.2 and 8.2. paid ordinary shares in ERM Power Limited (‘ERM Power’ or the All fi nancial amounts contained in this Prospectus are expressed in ‘Company’) (‘Shares’). Australian currency unless otherwise stated. Any discrepancies between Lodgement and listing totals and sums and components in tables and fi gures contained in this This Prospectus is dated 17 November 2010 and a copy was lodged with Prospectus are due to rounding. ASIC on that date. No Shares will be issued on the basis of this Prospectus Disclaimer after the date that is 13 months after 17 November 2010. No person is authorised to give any information or to make any ERM Power will, within seven days after the date of this Prospectus, apply representation in connection with the Offer which is not contained in this to ASX for admission to the offi cial list of ASX and quotation of Shares on Prospectus. Any information not so contained may not be relied upon ASX. Neither ASIC nor ASX takes any responsibility for the contents of this as having been authorised by ERM Power, the Joint Lead Managers or Prospectus or the merits of the investment to which this Prospectus relates. -
ATCO Ltd. | 2015 | Annual Report
ATCO Ltd. | 2015 | Annual Report CHAPTER TITLE FOR EASY REFERENCE 1 Table of Contents 1 Financial Highlights 2 Return on Investment ATCO STRUCTURES & LOGISTICS 3 Letter to Share Owners ATCO SUSTAINABLE INTERNATIONAL 5 ATCOenergy COMMUNITIES Competing Globally Through 7 Innovative Solutions STRUCTURES & LOGISTICS STRUCTURES & LOGISTICS ATCO ELECTRIC 9 GLOBAL BUSINESS UNIT INTERNATIONAL ATCO ATCO PIPELINES 10 Modular Structures POWER ATCO GAS ATCO ENERGY SOLUTIONS 12 Lodging and Support Services ELECTRICITY INTERNATIONAL 13 Logistics and Facility Operations and Maintenance Services PIPELINES GLOBAL & LIQUIDS 14 Sustainable Communities ATCOenergy ELECTRICITY 16 GLOBAL BUSINESS UNIT 17 Electricity Transmission and Distribution 19 Power Generation 20 Distributed Generation 22 Northern Operations 25 International Operations Ronald D. Southern PIPELINES & LIQUIDS C.C., C.B.E., A.O.E., B.Sc., LL.D • 1930 – 2016 26 GLOBAL BUSINESS UNIT On January 21, 2016 the world lost a giant. 27 Natural Gas Distribution With nearly 8,000 employees and assets A man who has touched the lives of so many with his fierce determination and tireless pursuit 31 Natural Gas Transmission of approximately $19 billion, ATCO is a of excellence. A true citizen of the globe and Hydrocarbon Storage diversified global corporation delivering a brilliant mind. His is a legacy that will be 32 and Industrial Water service excellence and innovative business remembered for generations to come. 34 International Operations solutions in Structures & Logistics (workforce As Founder of ATCO Group, he played a pivotal housing, innovative modular facilities, and visionary role in every major development in 37 Indigenous Partnerships construction, site support services, and the evolution and growth of the company. -
ERM Power Limited Notes to the Financial Statements for the HALF YEAR ENDED 31 DECEMBER 2016
Thursday, 23 February 2017 RESULTS FOR ANNOUNCEMENT TO THE MARKET Please find attached the following documents relating to ERM Power’s results for the six months ended 31 December 2016: 1. Appendix 4D 2. Half Year Financial Report including Management Discussion and Analysis and Directors’ Report Phil Davis Group General Counsel & Company Secretary ERM Power Limited About ERM Power ERM Power is an Australian energy company operating electricity sales, generation and energy solutions businesses. The Company has grown to become the second largest electricity provider to commercial businesses and industrials in Australia by load, with operations in every state and the Australian Capital Territory. A growing range of energy solutions products and services are being delivered, including lighting and energy efficiency software and data analytics, to the Company’s existing and new customer base. ERM Power also sells electricity in several markets in the United States. The Company operates 497 megawatts of low emission, gas-fired peaking power stations in Western Australia and Queensland. www.ermpower.com.au Appendix 4D ERM Power Limited ABN 28 122 259 223 Results for announcement to the market for the half year ended 31 December 2016 Notification in Accordance with Listing Rule 4.2A.3 (The amount and percentage changes are in relation to the previous corresponding period) 1. Results for the half year 1H 2017 1H 2016 $'000 $'000 1.1. Revenue from ordinary activities: 1.1.1 Revenue from ordinary continuing activities: ERM Power Limited and controlled entities up 5% to 1,340,505 1,282,471 1.2. Profit from ordinary continuing activities: 1.2.1. -
Inquiry Into the Funding Arrangements of Horizon Power
Economic Regulation Authority Inquiry into the Funding Arrangements of Horizon Power Issues Paper 3 June 2010 A full copy of this document is available from the Economic Regulation Authority website at www.erawa.com.au. For further information, contact Economic Regulation Authority Perth, Western Australia Phone: (08) 9213 1900 The copying of this document in whole or in part for non-commercial purposes is permitted provided that appropriate acknowledgement is made of the Economic Regulation Authority and the State of Western Australia. Any other copying of this document is not permitted without the express written consent of the Authority. Disclaimer This document has been compiled in good faith by the Economic Regulation Authority (the Authority). This document is not a substitute for legal or technical advice. No person or organisation should act on the basis of any matter contained in this document without obtaining appropriate professional advice. The Authority and its staff members make no representation or warranty, expressed or implied, as to the accuracy, completeness, reasonableness or reliability of the information contained in this document, and accept no liability, jointly or severally, for any loss or expense of any nature whatsoever (including consequential loss) (“Loss”) arising directly or indirectly from any making available of this document, or the inclusion in it or omission from it of any material, or anything done or not done in reliance on it, including in all cases, without limitation, Loss due in whole or part to the negligence of the Authority and its employees. This notice has effect subject to the Trade Practices Act 1974 (Cth) and the Fair Trading Act 1987 (WA), if applicable, and to the fullest extent permitted by law. -
Horizon Power's Submission in Response To
Horizon Power's submission in response to the Issues Paper – Coverage Alinta's application for coverage of the Horizon Power transmission and distribution network in the Pilbara – 16 October 2017 1 Contents 1. BACKGROUND ......................................................................................................................... 4 1.1 Structure of document ................................................................................................... 4 2. SUMMARY OF SUBMISSION ................................................................................................... 6 3. NWIS NETWORKS .................................................................................................................... 9 3.1 Horizon Power Network ................................................................................................ 9 3.2 Other networks in the Plbara ...................................................................................... 11 4. CURRENT ISSUES FACING THE NWIS ................................................................................ 14 4.1 Issues affecting economic efficiency ........................................................................... 14 4.2 Adverse TEC (subsidy impacts) .................................................................................. 16 4.3 Operational and technical issues ................................................................................ 18 4.4 Deficient and fragmented regulatory regime .............................................................. -
Annual Report 2014
Annual Report 2014 CONTENTS Chairman’s and CEO’s Report 2 Management Discussion and Analysis 4 Directors’ Report 16 Remuneration Report 22 Corporate Governance Statement 32 Annual Financial Statements 36 Directors’ Declaration 100 Independent Auditor’s Report 101 Share and Shareholder Information 103 Corporate Directory Inside Back Cover ERM Power Limited (ERM Power, Company, Group, we, our) was listed on the Australian Securities Exchange on 10 December 2010. This review is for the year ended 30 June 2014 with comparison against the previous corresponding period ended 30 June 2013 (previous year or previous period). All reference to $ is a reference to Australian dollars unless otherwise stated. Individual items totals and percentages are rounded to the nearest approximate number or decimal. Some totals may not add down the page due to rounding of individual components. CONTINUED SUCCESS CHAIRMAN’S It is our pleasure to record another successful year for ERM Power, one in which we operated safely and delivered record sales and profits, built the foundations for further growth and consolidated our position as one of the four pillars of the Australian energy sector. AND CEO’S REPORT Operating in a competitive and dynamic environment, we delivered higher underlying earnings and dividends as our electricity sales business continued to grow strongly, our generation business delivered another year of solid contribution and our gas business delivered its first operating profits. We also participated in the sale process for the assets of Macquarie Generation and established a new electricity metering business, which will grow and further diversify our earnings. HIGHER EARNINGS Our strong performance continued in FY 2014 with underlying NPAT1 32% higher than FY 2013 when a number of significant items2 are excluded. -
Asset Management Plan (AA4) 2014-2019 Document Code: AST PL00018
Asset Management Plan (AA4) 2014-2019 Document Code: AST PL00018 This document is controlled within the EIM Document Management System. Please refer to the electronic version on EIM to confirm you have the latest version. Title Name Date Owner: Asset Planning Manager Tim Davies Reviewer: Asset Services Manager Mas Marsuki 14/03/2014 Approver: Chief Operating Officer Pat Donovan 14/03/2014 Document History Revision Date Amended By Details of Amendment 0 25/06/2012 Tim Davies New Document Created 1 31/09/2013 Tim Davies Updated with 2014 Business Plan approved projects 2 1/11/2013 Tim Davies Removed Non-RAB detail for Access Arrangement submission 3 14/03/2014 Tim Davies Finalised for Access Arrangement submission Page 1 of 114 Asset Management Plan (AA4) 2014-2019 EXECUTIVE SUMMARY ATCO Gas Australia (AGA) owns, operates and maintains the largest reticulated natural gas infrastructure in Western Australia. The gas reticulation networks serve Geraldton, Bunbury, Busselton, Harvey, Pinjarra, Brunswick Junction, Capel and the Perth greater metropolitan area, including Mandurah. These combined networks extend greater than 13,000km, connecting about 683,000 end users to natural gas. ATCO Gas Australia’s Gas Distribution System (GDS), covered by the Access Arrangement, operates in the Coastal gas supply areas under the conditions defined in Gas Distribution Licence 8 (GDL8). Natural Gas (NG) is distributed through the GDS from the Dampier Bunbury Natural Gas Pipeline (DBNGP) and APA Group’s (APA) Parmelia gas transmission pipeline via gate stations and Pressure Regulation Stations (PRS), designed to limit pressures in the GDS to within the Maximum Allowable Operating Pressures (MAOP) for each section of the various lower pressure networks.