DOCSLIB.ORG

QUEENSLAND RENEWABLE ENERGY EXPERT PANEL DRAFT REPORT Contents Contents

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
QUEENSLAND RENEWABLE ENERGY EXPERT PANEL DRAFT REPORT Contents Contents Credible pathways to a 50% renewable energy target for Queensland Draft Report, October 2016 Report of the Queensland Renewable Energy Expert Panel Queensland Renewable Energy Expert Panel Submissions close on 2 November 2016 Process for formal submissions on the Draft Report ► Online submissions www.QLDREpanel.com.au ► Mail submissions Project Manager – Queensland Renewable Energy Expert Panel PO Box 15456, City East Qld 4002 Confidentiality In the interests of transparency and to promote informed discussion, the Expert Panel would prefer submissions to be made publicly available wherever this is reasonable. However, if a person making a submission does not want that submission to be public, that person 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 each version of these submissions (i.e. the complete version and another excising confidential information) could be provided. Where it is unclear why a submission has been marked “confidential”, the status of the submission will be discussed with the person making the submission. While the Expert Panel will endeavour to identify and protect material claimed as confidential as well as exempt information and information disclosure of which would be contrary to the public interest (within the meaning of the Right to Information Act 2009 (RTI)), it cannot guarantee that submissions will not be made publicly available. For more information, call the Department of Energy and Water Supply on 13 43 87. QUEENSLAND RENEWABLE ENERGY EXPERT PANEL DRAFT REPORT Contents Contents Contents ............................................................................................................................................ 2 1. Executive Summary .................................................................................................................. 1 1.1. Summary of key themes ................................................................................................. 1 1.2. Overview of draft findings .............................................................................................. 4 1.3. Draft recommendations ................................................................................................. 9 1.4. Summary of key projected outcomes .......................................................................... 12 2. Basis of the public inquiry ...................................................................................................... 13 2.1. Role of the Expert Panel ............................................................................................... 13 2.2. The Panel’s approach ................................................................................................... 13 2.3. Report outline ............................................................................................................... 14 2.4. Next steps...................................................................................................................... 15 3. Queensland’s electricity sector, greenhouse gas emissions and the role of renewables .. 16 3.1. Electricity capacity and generation .............................................................................. 16 3.2. Forecasts of future demand ......................................................................................... 17 3.3. Climate change and Queensland greenhouse gas emissions ..................................... 18 3.4. Renewable energy industry.......................................................................................... 20 3.5. Major existing renewable energy support mechanisms ............................................ 23 4. Defining Queensland’s renewable energy target ................................................................. 28 4.1. Elements of the target .................................................................................................. 29 5. Leveraging existing Federal support schemes to 2020 ........................................................ 36 5.1. Small scale Renewable Energy Capacity ...................................................................... 37 5.2. Delivering the remaining requirements of the LRET .................................................. 38 5.3. Opportunity for Queensland to leverage the LRET ..................................................... 40 5.4. Considerations for running a Queensland-specific process prior to 2020 ................ 42 6. National energy and climate change policy post 2020 ........................................................ 47 6.1. 2030 emissions reduction targets ............................................................................... 47 6.2. Post 2030 emission reductions .................................................................................... 48 6.3. Emissions reduction from the electricity sector ......................................................... 49 6.4. Queensland’s role in influencing national policy ........................................................ 50 7. Queensland renewable energy policy options post 2020 ................................................... 52 7.1. Direct policy options ..................................................................................................... 53 7.2. Broader economic policy measures............................................................................. 59 8. Analysis of credible pathways to a 50% renewable energy target for Queensland ........... 62 8.1. Context of the analysis ................................................................................................. 63 8.2. Base case - market development without new Queensland policies ........................ 64 8.3. Renewable energy requirements under the target .................................................... 67 8.4. Technology cost assumptions ...................................................................................... 69 8.5. Outcomes of credible pathways .................................................................................. 70 8.6. Sensitivity pathway: Stronger National Action ............................................................ 79 9. Facilitating large scale renewable energy projects .............................................................. 82 9.1. Project development process ...................................................................................... 83 9.2. Options to facilitate renewable energy projects ........................................................ 86 10. Integration of renewables into the National Electricity Market .......................................... 93 10.1. Grid management with high penetrations of renewable generation ........................ 94 10.2. Options to enhance uptake of small scale renewable energy generation .............. 102 11. Supporting economic development .................................................................................... 106 11.1. Economic effects of renewable energy investment ................................................. 107 11.2. Opportunities to leverage future investment ........................................................... 111 QUEENSLAND RENEWABLE ENERGY EXPERT PANEL DRAFT REPORT Contents 11.3. Supporting the transition of communities and industries........................................ 119 Glossary of key terms .................................................................................................................... 122 Appendix A: Expert Panel ............................................................................................................. 125 Appendix B: Terms of Reference .................................................................................................. 126 List of references ........................................................................................................................... 128 QUEENSLAND RENEWABLE ENERGY EXPERT PANEL DRAFT REPORT Executive Summary 1. Executive Summary The Queensland Government has committed to investigating a renewable energy target for Queensland of 50% by 2030. To help deliver on this commitment, the Government has established the Renewable Energy Expert Panel to provide advice on credible pathways to achieving a 50% renewable energy target for Queensland by 2030. The policy seeks to reduce greenhouse gas emissions that drive climate change, as well as to create economic development opportunities in the state. Following the release of the Panel’s Issues Paper in May 2016, the Panel has undertaken a comprehensive public consultation process involving industry stakeholders, government, community organisations and individuals. This included: ► 4,630 people accessing the online portal, with 1,120 downloads of the Issues Paper ► 190 people attending the 8 public and industry forums conducted across the state ► Over 50 formal submissions on the Issues Paper ► Meetings with stakeholders in Queensland and interstate. During the consultation process there was a high level of interest in the proposed renewable energy target from the public and key stakeholders. A summary of public consultation outcomes, along with the written submissions received by the Panel, has been published alongside
Load more

Recommended publications
  • Alinta Energy Sustainability Report 2018/19
    Alinta Energy Sustainability Report 2018/19 ABN 39 149 229 998 Contents A message from our Managing Director and CEO 2 Employment 50 FY19 highlights 4 Employment at Alinta Energy 52 Key sustainability performance measures 6 Employee engagement 53 Employee data 54 Our business 8 Supporting our people 55 Offices 10 Ownership 10 Our communities 60 Where we operate 12 Community development program 62 Electricity generation portfolio 14 Employee volunteering 62 Sales and customers 17 Sponsorships, donations and partnerships 64 Vision and values 18 Excellence Awards – community contribution 64 Business structure and governance 19 Community impacts from operations 65 Executive leadership team 20 Management committees 21 Markets and customers 66 Board biographies 21 Customer service 68 Risk management and compliance 23 Branding 72 Economic health 24 New products and projects 74 Market regulation and compliance 74 Safety 26 Fusion – our transformation program 77 Safety performance 28 Safety governance 29 Our report 80 Safety and wellbeing initiatives and programs 32 Reporting principles 82 Glossary 83 Environment 34 GRI and UNSDG content index 85 Climate change and energy industry 36 Sustainability materiality assessment 88 National government programs, policies and targets 39 Deloitte Assurance Report 96 State government programs, policies and targets 40 Energy consumption and emissions 42 Our approach to renewable energy 43 Energy efficiency and emission reduction projects 45 Environmental compliance 46 Waste and water 47 Case study 48 2018/19 Alinta Energy - Sustainability Report Page 1 Changes to our vision and leadership A message My comment above on our new vision to be the best energy company sounds a little different than in the past.
    [Show full text]
  • Renewable Energy Buyers Forum
    Renewable Energy Buyers Forum - Brisbane - Sponsored by: DLA Piper Thursday 26th July 2018 Chair: Ben Waters Welcome Jackie McKeon, WWF-Australia Business Renewables Centre - Australia Kate Papailiou, DLA Piper Update from DLA Piper Andrew Burnett, Department of Natural Resources, Mining & Renewable Energy in Queensland Energy, Queensland (DNRME) James Eskdale, Mars GloBal Corporate Mars Enters the Solar System Michael Wheelahan, Victorian Government Department of Intelligent Water Networks (IWN) Aggregation Environment, Land, Water and Planning (DELWP) Simon Crock, Sunshine Coast Council Sunshine Coast Council Solar Farm PPA Roger Price, WindLaB Optimising the renewable energy mix in Queensland Mantas Aleks, WePower Innovative purchasing model Ben Waters, Presync Discussion and wrap-up Networking Renewable Energy Buyers Forum Sponsored by: DLA Piper, Brisbane 26th July 2018 Business Renewable Centre - USA Business Renewable Centre - Australia • A not-for-profit, online Australian resource centre and market platform to accelerate Australian corporate uptake of large-scale renewable energy. • To help Australian organisations procure 1GW of renewable energy (installed capacity) by 2022 and 5GW by 2030. Primers & Guides for Industry… Business Renewable Centre - Australia Online Marketplace Platform Current and planned renewable energy projects Renewable Energy Buyers Forum Sponsored by: DLA Piper, Brisbane 26th July 2018 QLD’s 50% Renewable Energy Target WWF Renewable Energy Buyers Forum 26 July 2018 An evolving policy context As the energy
    [Show full text]
  • Solar Citizens: Top 3 Policy Priorities for Renewable Energy In
    Solar Citizens: Top 3 Policy Priorities for Renewable Energy in Queensland This election, Solar Citizens is calling on all political parties to move towards 100% clean energy by committing to three key promises: 1. Set a strong renewable energy target Legislate a renewable energy target to ensure that, by 2030, at least 50% of the electricity generated in Queensland comes from solar, wind and other renewables. 2. Build big solar - not new coal power Renewable energy is now the cheapest, cleanest source of electricity. The next state government should support new large-scale solar and wind farms and rule out an expensive, polluting new coal fired power station. 3. Help more Queenslanders go solar To meet the target of one million solar rooftops by 2020, the next Queensland government must guarantee a fair price for the electricity that solar households feed into the grid and remove the roadblocks for low-income earners, businesses and communities who want to go solar. Solar Citizens is an independent community organisation, we want all political parties to adopt strong policies that will speed up our transition to a renewable energy future. To help you make a well-informed choice, we’re providing this analysis of each Party’s policies on renewable energy for Queensland. Scores will be updated if new policies are announced. THE SCORECARD Authorised by L. Matthiesson, Solar Citizens, 15 Lamington St, New Farm, Queensland. HOW THE PARTIES WERE SCORED Australian Labor Party Committing to a strong renewable energy target: supports some parts of this policy. The Palaszczuk Government have committed to a target of 50% renewable energy by 2030 and the Queensland Labor state platform commits the party to implementing targets that align with the National Labor Platform of at least 50% by 2030.1 There is currently no commitment from the ALP to legislate the target, to only count renewable energy projects built in Queensland or any other details of how the target will be reached.
    [Show full text]
  • WEEKLY HANSARD Hansard Home Page: E-Mail: [email protected] Phone: (07) 3406 7314 Fax: (07) 3210 0182
    PROOF ISSN 1322-0330 WEEKLY HANSARD Hansard Home Page: http://www.parliament.qld.gov.au/hansard/ E-mail: [email protected] Phone: (07) 3406 7314 Fax: (07) 3210 0182 51ST PARLIAMENT Subject CONTENTS Page Tuesday, 31 August 2004 ASSENT TO BILLS ........................................................................................................................................................................ 2063 Appropriation (Parliament) Bill ............................................................................................................................................ 2063 Appropriation Bill ................................................................................................................................................................ 2063 ASSENT TO BILLS ........................................................................................................................................................................ 2063 STANDING ORDERS ..................................................................................................................................................................... 2063 PETITIONS ..................................................................................................................................................................................... 2063 PAPERS ......................................................................................................................................................................................... 2064
    [Show full text]
  • Queensland Major Projects Pipeline 2019 Queensland Major Projects Pipeline
    2019 Queensland Major Projects Pipeline 2019 2019 Queensland Major Projects Pipeline Queensland Major Projects A JOINT INITIATIVE $M Total Pipeline 39,800,000,000 Annual Ave 7,960,000,000 Weekly Ave 153,000,000 Daily Ave 21,860,000 Hourly Ave 910,833 AT A GLANCE Major Projects Pipeline readon Unfunded split $41.3 billion total (over 5 years) Credibly Under Under Unlikely Prospective proposed Announced procurement construction* 37 39 15 36 15 52 projects valued at projects valued at projects valued at projects valued at projects valued at projects valued at $3.13bn $6.61bn $4.03bn $10.14bn $6.66bn $10.77bn Unfunded $13.77 billion Funded $27.57 billion *Under construction or completed in 2018/19 Total Pipeline Major Project Scale of Major Value Activity Recurring Projects Jobs Expenditure $8.3b per year The funded pipeline will support $6.5b 11,900 workers $41.3b North Queensland each year on average $23m per day $12.4b Fully-funding the pipeline Funding will support an extra 6.8b Central split Various Queensland 5,000 workers each year on average $23.4b $15.6b $2.2m Public Projects $41.3b Total South East A JOINT INITIATIVE $17.9b Queensland $159m per Private Projects working per week hour $M Total Pipeline 39,800,000,000 Annual Ave 7,960,000,000 Weekly Ave 153,000,000 Daily Ave 21,860,000 Hourly Ave 910,833 Major Projects Pipeline – Breakdown Unfunded split $41.3 billion total (over 5 years) Credibly Under Under Unlikely Prospective proposed Announced procurement construction* 37 39 15 36 15 52 projects valued at projects valued at projects
    [Show full text]
  • Powerlink Queensland
    Powerlink Queensland Transmission Annual Planning Report 2016 Please direct Transmission Annual Planning Report enquiries to: Stewart Bell Group Manager Strategy and Planning Investment and Planning Division Powerlink Queensland Telephone: (07) 3860 2374 Email: [email protected] Disclaimer: While care is taken in the preparation of the information in this report, and it is provided in good faith, Powerlink Queensland accepts no responsibility or liability for any loss or damage that may be incurred by persons acting in reliance on this information or assumptions drawn from it. Contents Transmission Annual Planning Report 2016 Executive Summary _________________________________________________________________________________________________ 7 1. Introduction _________________________________________________________ 13 1.1 Introduction ________________________________________________________________________________ 14 1.2 Context of the Transmission Annual Planning Report _______________________________________ 14 1.3 Purpose of the Transmission Annual Planning Report _______________________________________ 15 1.4 Role of Powerlink Queensland ______________________________________________________________ 15 1.5 Overview of approach to asset management _______________________________________________ 16 1.6 Overview of planning responsibilities and processes ________________________________________ 16 1.6.1 Planning criteria and processes _______________________________________________________________ 16 1.6.2 Integrated planning of the
    [Show full text]
  • …The Future of Energy
    …The future of energy December 2016 Overview of the Offer Offer Details • The issue of approximately 45 million fully paid ordinary shares (“New Shares”) to institutional and sophisticated investors at an Offer Price of $0.22 per New Share (The “Placement”) to raise approximately $9.9 million (before costs of the Placement); • Placement of up to 45.1M New Shares • The Offer Price of $0.22 per New Share represents: • 18.5% discount to the closing share price on 6 December 2016 of $0.27 per share • 24.2% discount to the 5 day Volume Weighted Average Price up to and including 6 December 2016 of $0.29 per share; and • 21.7% discount to the 15 day Volume Weighted Average Price up to and including 6 December 2016 of $0.281 per share. • The Company intends to offer a Share Purchase Plan (“SPP”) to existing shareholders at the Offer Price1 Use of Funds • For the development of the Company’s 50MW Kidston Solar Project • To advance development of the Kidston Pumped Storage Hydro Project • General working capital purposes Other • New Shares issued pursuant to the Placement will rank equally with Genex existing ordinary shares • Morgans Corporate Limited and Canaccord Genuity (Australia) Limited are Joint Lead Managers to the Placement 1. Subject to ASX Listing Rule 7.2. 2 Sources & Uses of Funds Uses (A$m) Sources (A$m) Kidston Solar Capex 118.0 ARENA Grant Funding 8.9 Interest During Construction 4.2 Placement 9.9 Debt Service Reserve Account 2.5 Project Finance Debt1 110.0 Hydro Development & Working Capital 10.8 Current Cash2 6.7 Total 135.5 Total 135.5 1 Credit approval for up to $110m of senior project finance debt, subject to final documentation, debt terms and prevailing interest rates and exchange rates at the time of financial close.
    [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]
  • Qgc.Com.Au Email: [email protected]
    QUEENSLAND GAS COMPANY LIMITED 30 Herschel Street, Brisbane QLD 4000 GPO Box 3107, Brisbane QLD 4001 Tel: (61) 7 3020 9000 Fax: (61) 7 3012 8411 Website: www.qgc.com.au Email: [email protected] 17 October 2008 Companies Announcement Officer Australian Securities Exchange Exchange Centre 20 Bridge Street SYDNEY NSW To whom it may concern 2008 ANNUAL REPORT Queensland Gas Company Limited is pleased to provide its 2008 Annual Report after an exciting year of growth and transformation for the company. The Annual Report contains a letter from the chairman of Queensland Gas Company Limited, Mr Robert Bryan, in which he foreshadows his upcoming resignation. Yours faithfully Mark Anning Company Secretary QUEE QUEENSLAND GAS COMPANY QUEENSLAND GAS COMPANY TransformaTion ANNUAL REPORT 2008 ns ANNUAL REPORT 2008 L an D G AS C om P an Y L imi TED ANNUAL REPORT 2008 REPORT ANNUAL QGC is leading a transformation of the Australian energy sector: cleaner, greener and more secure Contents Investor backs a winner 1 Directors’ report 62 Company profile 2 Auditor’s independence declaration 76 Financial year highlights 4 Income statements 77 Letter from the Chairman 7 Balance sheets 78 Managing Director’s report 10 Statements of changes in equity 79 Gas production, infrastructure and sales 15 Cashflow statements 80 Exploration and reserves 21 Notes to the financial statements 81 Electricity 27 Directors’ declaration 129 Water 31 Independent audit report 130 Queensland Curtis LNG Project 35 Shareholder information 132 People and safety 41 Corporate governance statement 134 Sustainability 45 Definitions and glossary 152 Financial performance 50 Corporate directory 154 Acquisitions 52 Board of Directors 56 Senior management 58 Investor backs a winner To retired school principal Tom Abraham, a decision in 2001 to take a punt on shares in a little-known gas QGC 2008 explorer has since proven as lucky as picking the winner ANNUAL of the Melbourne Cup.
    [Show full text]
  • An Efficient, Productive and Sustainable Electricity Supply for Queensland
    An Efficient, Productive and Sustainable Electricity Supply for Queensland Blueprint for Design, planning anD ManageMent of QueenslanD’s energy sector anD electricity Market AUGUST 2011 www.cciq.com.au/advocacy Contents 1.0 InTrodUcTIon 1 2.0 ConTexT & BAckGroUnd 2 2.1 Queensland’s Energy Market Overview 2 2.2 Queensland’s Energy Management Framework 2 2.3 Queensland’s Energy Supply-Demand Outlook 3 3.0 BUSIness VIewS on The elecTrIcITy MArkeT 5 3.1 Impact of Rising Electricity Prices 5 3.2 Business Rating of the Electricity Supply 6 3.3 Reasons for Electricity Price Rises 7 3.4 Carbon Pricing and Emissions Reduction Strategies: Implications for Electricity Prices 7 3.5 Balancing Price Performance Outcomes 8 4.0 ElecTrIcITy PrIceS In QUeenSlAnd 9 4.1 How Electricity Prices are Determined 9 4.2 Regulated Retail Electricity Prices in Queensland 9 4.3 Costs that Impact on Queensland Electricity Prices 10 5.0 FrAMework For SustainABle elecTrIcITy PrIcInG 12 5.1 Regulated Pricing Methodology 12 5.2 Tariff Structures 13 5.3 Dividend Policy 14 6.0 SecUrITy oF SUPPly And InFrastrUcTUre PlAnnInG 15 7.0 OwnerShIP oF enerGy AsseT 16 8.0 DeMAnd MAnageMenT And enerGy eFFIcIency 17 8.1 Enterprise Level Demand Management 17 8.2 Market Demand Management 18 9.0 SUMMAry oF recoMMendationS 19 “Uninterrupted power supply is critical for the efficient production of products and the employment of labour.” – Queensland business operator. 1 1. Introduction 1.1 The supply and cost of energy is a key issue for Queensland businesses. Businesses rightfully expect a reliable, efficient and cost-effective energy sector.
    [Show full text]
  • Energy Efficiency: Queensland's First Energy Resource
    Energy Efficiency: Queensland’s First Energy Resource Report on the economic and environmental potential provided by energy efficiency improvements for households, communities, industry, and government. February 2010 Report No.2 of the Environment and Resources Committee ENVIRONMENT AND RESOURCES COMMITTEE 53rd Parliament Committee Members Mrs Carryn Sullivan MP, Chair Member for Pumicestone Mr Jeff Seeney MP, Deputy Chair Member for Callide Mrs Julie Attwood MP Member for Mount Ommaney Mr Peter Dowling MP Member for Redlands Mr Simon Finn MP Member for Yeerongpilly Mr Chris Foley MP Member for Maryborough Mr Mark Ryan MP Member for Morayfield Secretariat Research Director Mr Rob Hansen Principal Research Officer1 Ms Rachelle Stacey Ms Maureen Coorey Executive Assistant Ms Carolyn Heffernan 1 Under a job share arrangement, Ms Rachelle Stacey and Ms Maureen Coorey share this full-time position on a 80: 20 split. FOREWORD It seems everyone is chasing a bargain these days. Whether it is a new fridge, a car or a house, it is often the lowest asking price that clinches the deal. But there is a second price that can end up costing just as much, or even more. That price is the ongoing running costs that we often forget about. As time goes by, what seemed like a bargain could soon turn into a money-pit. It is time to think about the true cost of our energy use, both economic and environmental, and to cut down on needless waste. Energy efficiency, which is about doing the same or more with less energy input, holds the key. It starts with a simple question, ‘is it energy or fuel efficient?’ All Queenslanders need to ask this question a lot more, and before any other considerations.
    [Show full text]
  • An Efficient, Productive and Sustainable Electricity Supply for Queensland
    An Efficient, Productive and Sustainable Electricity Supply for Queensland Blueprint for Design, planning anD ManageMent of QueenslanD’s energy sector anD electricity Market AUGUST 2011 www.cciq.com.au/advocacy Contents 1.0 InTrodUcTIon 1 2.0 ConTexT & BAckGroUnd 2 2.1 Queensland’s Energy Market Overview 2 2.2 Queensland’s Energy Management Framework 2 2.3 Queensland’s Energy Supply-Demand Outlook 3 3.0 BUSIness VIewS on The elecTrIcITy MArkeT 5 3.1 Impact of Rising Electricity Prices 5 3.2 Business Rating of the Electricity Supply 6 3.3 Reasons for Electricity Price Rises 7 3.4 Carbon Pricing and Emissions Reduction Strategies: Implications for Electricity Prices 7 3.5 Balancing Price Performance Outcomes 8 4.0 ElecTrIcITy PrIceS In QUeenSlAnd 9 4.1 How Electricity Prices are Determined 9 4.2 Regulated Retail Electricity Prices in Queensland 9 4.3 Costs that Impact on Queensland Electricity Prices 10 5.0 FrAMework For SustainABle elecTrIcITy PrIcInG 12 5.1 Regulated Pricing Methodology 12 5.2 Tariff Structures 12 5.3 Dividend Policy 13 6.0 SecUrITy oF SUPPly And InFrastrUcTUre PlAnnInG 14 7.0 OwnerShIP oF enerGy AsseT 15 8.0 DeMAnd MAnageMenT And enerGy eFFIcIency 16 8.1 Enterprise Level Demand Management 16 8.2 Market Demand Management 17 9.0 SUMMAry oF recoMMendationS 19 Uninterrupted power supply is critical for the efficient production of products and the employment of labour.” – Queensland business operator. 1 1. Introduction 1.1 The supply and cost of energy is a key issue for Queensland businesses. Businesses rightfully expect a reliable, efficient and cost-effective energy sector.
    [Show full text]