Nexa Advsiory emphasises the issues with the current governance which is outdated and reactive, unable to keep pace with new technologies, business models, and consumer preference- slowing down the energy transition. There is broad agreement that Australia’s energy market governance is not fit for purpose. Debate on how to deliver best practice governance of the […]
Transmission is the missing link in Australia’s transition to clean energy. We plan the transmission we need, but then we don’t build it, or at least not nearly fast enough. This failure to build transmission quickly enough is an existential threat to Australia’s energy system. The slow pace of Australia’s clean energy transition means that […]
Nexa Advisory welcomes the opportunity to provide comment on the Orderly Exit Management (OEM) Framework Draft Exposure Bill and Rule. We are pleased to see some transparency and governance improvements in this draft. However, the design of the OEM Framework still has fundamental flaws that have not been addressed. This is a missed opportunity for […]
Nexa Advisory welcomes the opportunity to share its perspectives and insights on the Australian Government’s Transport and Infrastructure Net Zero Consultation Roadmap. We support the development of a Transport and Infrastructure Net Zero Roadmap and Action Plan, which will in part be achieved though this consultation process. The Federal Government’s commitment to creating six sectoral […]
Nexa Advisory are pleased to share our recent submission to the Australian Energy Market Commission’s (AEMC) consultation paper, for three rule change requests to enhance the ISP (ERC0395). The rule change requests seek to improve the robustness of the ISP by reflecting gas market analysis, improved consideration of demand-side factors, and community sentiment. While we […]
Nexa Advisory is pleased to share our recent submission to Powerlink to inform the development of the Queensland Renewable Energy Zones scheme. We commend the broad work already undertaken by the Queensland Government and Powerlink on their leadership towards the state’s decarbonisation – particularly through the Queensland Energy and Jobs Plan, SuperGrid, REZ Roadmap, and […]
Our report reveals that delays in building energy transmission infrastructure will lead to higher electricity bills for both households and businesses, compromise energy reliability and jeopardise emissions reduction targets. Nexa Advisory’s research shows the cost impacts of the delays are most significant in New South Wales. Residential consumers there could face up to $1,100 in […]
We are pleased to share our recent submission to the Australian Energy Market Commission’s (AEMC) Draft Determination for the Accelerating Smart Meter Deployment (ERC0378) rule change. At Nexa Advisory, we support the need for a more rapid rollout of smart meters. However, we express concern that the data sharing requirements related to the rollout are […]
We are pleased to share our recent submission to the New South Wales Long Duration Storage review. In our submission, we emphasise the need for the government to instil confidence in the state’s ability to meet its ambitious legislated targets – including the timely delivery of renewable generation, long-duration storage, firming, and transmission capacity. […]
At Nexa Advisory, we are pleased to share our perspectives and insights on the Australian Energy Regulator’s (AER) review. This review is particularly relevant given the recent reforms across transmission planning and financing, community engagement, and the inclusion of emissions in the National Energy Objectives. We acknowledge the AER’s critical role in implementing these reforms, […]
New South Wales is currently missing out on the untapped opportunity presented by Commercial and Industrial consumer-owned energy resources (C&I CER). Nexa Advisory has identified a significant opportunity for C&I CER in NSW to contribute to the state’s energy transition. By harnessing this untapped potential, businesses can realise substantial energy cost savings, while providing flexibility […]
The slow pace of Australia’s clean energy transition means that not only will Australia fail to meet its climate targets, but there is a significant threat to power system reliability and security, and increased costs for consumers both large and small. Factors contributing to the slow transition are many and complex. A key issue is […]
Melbourne, May 23, 2024 — Today the NSW Government and Origin have announced the extension of the 42-year-old Earing coal power station. The NSW people will pay up to $450 million to extend the ageing power station for 2 years to 2027. This decision comes as the NSW government seeks to ensure reliability in the […]
Energy consumers will pay higher electricity bills, increasing each year of a disorderly transition. New South Wales customers will pay $106 more by FY2027, increasing to $324 by FY2032. In addition, keeping Eraring coal-fired power station beyond 2025 is unnecessary and will cost consumers $120-150mn a year in subsidies to Origin Energy. More to the […]
Nexa Advisory new analysis shows national consistency in rooftop solar connection processes, better returns for household-generated energy fed back into the grid and greater data transparency from the larger-scale energy network providers are vital for supporting the growth of rooftop solar and home batteries in Australia. The Accelerating Consumer Energy in Australia report, commissioned by Solar Citizens […]
Nexa Advisory welcomes the opportunity to share our perspectives and insights on the Federal Government’s Electricity and Energy Sector Plan (the “Plan”). We commend the Federal Government for progressing the development of a plan to reduce emissions in Australia’s electricity and energy sector. Specifically, we appreciate the thoughtful discussion paper from the Department of Climate […]
Nexa Advisory’s submission to the AEMC on the Flexible Trading Relationships delves into the barriers hindering the potential of Customer Energy Resources (CER) to offer flexibility services to Distribution Network Service Providers (DNSPs) or system support services and energy to the wholesale market. Link to our submission Nexa Advisory submission – Flexible Trading Arrangements 10042024
Nexa Advisory welcomes the release of the expanded CIS. Like numerous industry stakeholders, Nexa Advisory, shares concerns regarding the current build rate of renewable generation and associated energy storage, potentially jeopardising achieving Australia’s clean energy targets. Supercharging the CIS to 32 GW offers a practical and efficient solution for incentivising renewable energy and firming capacity […]
Overcoming barriers in EV uptake is critical for achieving Australia’s emission reduction goals, given that vehicles contribute to about 13 per cent of the country’s greenhouse gas emissions2. Advocating for policies to support the EV transition is pivotal for addressing climate concerns and economic pressures. We acknowledge the recent Federal Government announcement of a $76 […]
Nexa Advisory submission on the National Fuel Efficiency Standard in May 2023, we provided policy measure recommendations focused on fleet policies, promoting the second-hand EV market, supporting low-income households, ensuring charging infrastructure access, and aligning with global EV policy trends. The full benefits of introduced incentives and policies will only be realised with the introduction of […]
Nexa Advisory warmly welcomes the acknowledgement by the NSW government of households’ significant role in the energy transition, specifically through energy performance, off-peak water heating, rooftop solar, batteries and electric vehicles, collectively referred to as ‘consumer energy resources’ (CER). Solar PV and distributed energy resources (DER) are pivotal in facilitating the transition. As we expand […]
Nexa Advisory, commissioned by the Clean Energy Investor Group (CEIG), has undertaken research to define the challenges and propose policy solutions that are practical and supported by industry and government. Summary of Key Findings 1- Australia requires a significant growth in energy storage over the next decade to ensure a smooth transition 2- Australia’s Energy […]
Nexa Advisory commissioned Swanbarton Limited, UK-based specialists in electricity storage and microgrids to undertake an assessment of the current environment for electricity storage and batteries in particular, in the UK. The Great Britain (GB) Electricity System Operator (ESO) launched a tender for the first battery-specific system support service in 2016, for Enhanced Frequency Response (EFR). This […]
Commercial and Industrial energy users the answer to NSW Government jitters over Eraring closure Our report highlights an underutilised opportunity for the NSW Government to take advantage of Demand Side Participation (DSP) to not only provide additional ‘insurance’ over the coming years to allow the timely closure of Eraring coal-fired power station but also a win-win for consumers. Nexa Advisory’s report provides actionable recommendations about how the NSW Government can take advantage of C&I DSP. According to the report, C&I Distributed Energy Resources (DER) can play a significant role […]
Background In April 2023, the AEMC received a rule change request from the Honourable Chris Bowen MP, Commonwealth Minister for Climate Change and Energy that sought to address the foreseeable risk that financeability challenges could arise for actionable Integrated System Plan (ISP) projects. To address the perceived financeability risk faced by TNSPs, the Minister proposed […]
The current slow pace of Australia’s clean energy transition – generation, storage and transmission build and connection – is putting electricity security, reliability and affordability at risk, in the short and long term. There are very real concerns that we will fail to meet national and New South Wales renewable energy and emissions reduction targets. […]
Our submission in response to the NSW Government’s Orderly Exit Framework Mechanism (OEFM) outlines: NSW Government’s great progress over the last six months towards meeting its goals under the NSW Electricity Infrastructure Roadmap. The slow build out of transition delivery and impact this has on the roadmap and continuous delivery. The risks and issues associated […]
New electricity transmission infrastructure is the missing link in Australia’s transition to clean energy. Transition is as much about energy security, reliability of supply, and cost of living pressures on Australians, as it is about climate targets. There is broad recognition in Australia of both the urgent need to replace ageing coal-fired generators and the […]
Australia is a world leader in both rooftop solar photovoltaic (PV) deployment and in its research and development. Australians love rooftop solar. They love the cost-of-living impact, they love the climate impact, and they love the control over their electricity costs and supply. Installing rooftop solar PV reduces power costs, and a household or business’ […]
Summary & Recommendations Victorians have embraced rooftop solar PV and batteries supported and encouraged by the Victorian government. In adopting Distributed Energy Resources (DER), Victorians are helping to reduce their electricity costs while supporting the clean energy transition. However, the social licence necessary for control and disconnection of DER has not been secured. The need […]
