2019 Transmission Network Forum - Powerlink Queensland · Network Vision now final. Guiding how we plan and build the transmission system of the future. Network utilisation. Renewable

Transmission Network Forum2019

Kevin KehlInterim Chief Executive

About Powerlink

Transitioning energy system

Customer at the centre

INDUSTRY VISION TOGETHER, DELIVER ENERGY FOR A BETTER AUSTRALIA

Changing the way we plan our network Looking at opportunities to use different solutions (eg non-network)

Better transparency and info sharing Built team capacity to better meet customer expectations

Network Vision now finalGuiding how we plan and build the transmission system of the future

Network utilisation

Renewable connections

Network Vision

2018 Transmission Network Forum

System utilisation

• Opportunities to use different solutions in response to shorter peak

• Building transmission system of the future

• Every investment decision we’re making is heading towards that

Future investment

Ten-year outlookCapex spend – almost entirely reinvestmentConsultation is key –potential new options, non-network solutionsOngoing program of consultation on investment

Renewable connections

Genex project update

• 250MW pumped storage hydroelectricity generation facility at old Kidston gold mine

• Queensland Government announced funding commitment of up to $132 million

• Construction of a switchyard at Mt Fox and approximately 180kms of transmission line from Mt Fox to Kidston

Connection opportunities

System strength opportunities

Listened to customers

Looking for network level solutions

Working closely with AEMO to investigate services we can potentially provide

Network vision

Transmission pricing

Who is revenue collected from?

How are prices determined?

Focused on what we are hearing from our customers• Affordability • More effective network utilisation• Better understanding of pricing

arrangements – greater predictability

• Input to inform our next Revenue Proposal

Opportunities to influence decision-making in external environment• AEMO’s next Integrated System

Plan 2020• Coordination of Generation and

Transmission Investment (COGATI) reforms

Revenue Determination

First network business to use a co-design approach to developing engagement plan for our next Revenue Determination

Revenue Determination engagement

Regulatory reform

TRANSMISSION REFORMS

Integrating large-scale

energy storage systems

Potential reforms to

inter-regional TUOS

Changes to generator

access arrangements

Dynamic regional pricing

Funding mechanisms

for early works

Streamlining regulatory processes

Most significant reforms in a decade -need to focus on customer outcomes

Priorities:• AEMO – next Integrated System Plan

2020• Coordination of Generation and

Transmission Investment (COGATI) reforms

• Energy Security Board post-2025 market design

• Transmission ring-fencing• Economic regulatory framework

Our year ahead

Continue to put downward pressure on prices

Continue to deliver safe, cost effective and reliable transmission services

Collaborative approach across industry

Deliver on Energy Charter commitments

Firm focus on customer outcomes