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 […]
Nexa Advisory has recently released a response to the Energy Security Board’s (ESB) Capacity Mechanism High-Level Design paper. The response highlights the necessity of an orderly transition from high carbon to low carbon generation in Australia for meeting climate targets, reducing cost-of-living pressures, and ensuring a secure energy market. While Nexa supports the concept of […]
New transmission electricity infrastructure is the crucial missing link in Australia’s transition to clean energy. A timely roll-out of transmission to connect new electricity generation is critical to ensure energy security and avoid delays that would lead to increased costs for consumers. The problem There is broad recognition of both the urgent need to replace […]
This paper sets out possible solutions to the key roadblocks standing in the way of the new electricity transmission infrastructure that is urgently needed to ensure Australia’s clean energy transition. Energy transition to low carbon emissions is critical to meeting our climate targets, to our energy security and supply stability, and to controlling and abating […]
Before the establishment of the Energy Security Board (ESB), the governance arrangements for the National Energy Market (NEM) were best-practice. The Australian Energy Market Operator (AEMO), the Australian Energy Market Commission (AEMC) and the Australian Energy Regulator (AER) each had separate functions providing confidence for investors and consumers in the roles and responsibilities of each […]
The rule maker for Australia’s electricity and gas markets must put to rest its proposed transmission access reforms and end the significant uncertainty facing investors in the renewable energy sector. The Australian Energy Market Commission’s (AEMC) proposal for the coordination of generation and transmission investment (COGATI) does not, despite its name, actually address the emerging […]
Australia’s National Electricity Market is experiencing a period of significant change, bringing with it both disruption and opportunity. Central to successfully navigating this is the transmission network. The speed at which new generator connections have occurred is creating challenges for the grid and reinforcing the need for better coordination of generation and transmission investments. Are […]
