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 […]
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 […]
Distributed Energy Resources – a key contributor to the clean energy transition Accelerating the take up of Distributed Energy Resources (DER) in Australia could help Australia meet its renewable energy and emissions reductions targets, by circumventing the bottlenecks being faced in developing and connecting large-scale renewable energy generation and its associated transmission. Australia is a […]
New modelling contained in a Nexa Advisory report shows about $13 billion could be slashed from electricity costs by opening up Australia’s transmission market to competition. Close to $1 billion ($952 m) in capital cost reductions would come as a result of opening the transmission market to globally proven non-incumbent transmission entities, who have the […]
Nexa Advisory shares its submission to the Federal Government’s Fuel Efficiency Standard (FES) consultation paper. We commend the government’s proactive stance on acknowledging the necessity of a mandatory FES and offer comprehensive insights on policy measures to support this endeavor. Our recommendations focus on fleet policies, bolstering the second-hand EV market, supporting low-income households, ensuring […]
Nexa Advisory addresses proposed changes to the AEMO’s Integrated System Plan (ISP) Methodology. To expedite the necessary renewable generation and transmission build for the 2024 ISP, Nexa Advisory urges transparent and inclusive stakeholder engagement. Key points and recommendations focus on emission reduction goals, optimal development path determination, and the treatment of low-carbon technologies. The proposal […]
Nexa Advisory proudly shares its submission for the Powering the Regions Fund (PRF) consultation, echoing strong support for this vital initiative by the Commonwealth Government. PRF aims to empower Australia’s regions in their journey towards net zero emissions, with a substantial $1.9 billion funding commitment. Nexa advocates for the crucial role of regional communities in […]
Nexa Advisory shares its submission on the National Energy Performance Strategy (NEPS) Consultation Paper, a crucial initiative from the Australian Federal Government. This paper outlines steps towards improving energy performance, enhancing the reliability of the energy system, and reducing consumer costs. Notably, the government is working on targeted actions, such as the Powering the Regions […]
Nexa Advisory, with input from the Yarra Energy Foundation, submits a proposal to the AER’s Initiation notice regarding the Ring-fencing class waiver for Community Batteries funded by the Commonwealth Government’s Community Batteries for Household Solar Program. While acknowledging the crucial role of Distribution Network Service Providers (DNSPs) in community battery projects, Nexa Advisory supports the […]
Nexa Advisory welcomes today’s Energy Ministers’ announcement to accelerate variable renewable energy (VRE) resources and storage capacity, and the associated decision to cease consideration of the Energy Security Board’s options for a capacity mechanism. Industry participants and key stakeholders have always supported the prioritisation of a mechanism that would enable the clean energy transition process […]
Nexa Advisory shares its submission for the National Electric Vehicle Strategy consultation paper. Explore our detailed analysis and feedback on the Federal Government’s proactive steps toward the integration of electric vehicles (EVs) in Australia. We highlight key EV-focused initiatives such as the national EV charging network, and the ambitious target for EVs in the Commonwealth […]
Federal Government investment in transmission protects Victorian consumers from significant energy price rises Today’s announcement from the Federal Government about their Rewiring the Nation investment in transmission projects is a significant win for consumers; protecting them from needless energy price rises in the future. The Federal Government has announced investment to unlock the […]
A review of over 78 submissions showed that only 6 companies or organisations are in favour of the ESB’s capacity market proposal 48 are opposed of which 34 are categorically opposed. 7 further organisations gave some qualified support to the idea of a capacity market whilst 15 organisations provided qualified opposition to a capacity mechanism […]
We summarise the submissions and the key points are: On the need for access reform generally, of the 28 submission, only 4 wholly supported reform, with 11 categorically opposed and 13 unsure on the basis that the ESB had not provided sufficient information. Many stakeholders felt that the status quo, while not ideal, was preferrable […]
