NSW Energy Forum - In Focus

Stakeholder engagement at NSW Energy Forum – In Focus

TransGrid hosted the first NSW Energy Forum – In Focus event in June 2016, which forms part of our wider stakeholder engagement program. Stakeholder feedback helps to inform business decisions, and underpins the way we operate. Ultimately, it helps us to continue operating in line with energy-user expectations. 

The day-long event brought together a broad range of stakeholders to discuss both the present and the future of energy in NSW. 

Stakeholders included customers, consumer and industry representatives, regulatory bodies, researchers and government departments.

Agenda: NSW Energy Forum – In Focus 

Following is a summary of presentations and stakeholder feedback sessions; inclusive of how feedback is being used.

Morning agenda – presentations 

Item Leads 
Keynote presentationTransGrid CEO, Paul Italiano
Panel discussion about key developments, trends, and challenges that energy users are facing. 
(All panel members represent and advocate for energy users.)
Rosemary Sinclair, CEO Energy Consumers Australia
Brain Morris, Chair Energy Users Association Australia
Tina Jelenic, Senior Policy Officer Public Interest Advocacy Centre

Afternoon agenda - participation

Breakout sessions Participants broke out into three groups and rotated through three different sessions; each covering a different part of TransGrid's role in connecting NSW to the energy it needs. The sessions are detailed in the table below.
Q & A sessionTransGrid executives addressed questions that were raised by participants throughout the day.

Detail of breakout sessions

Topic Discussion How feedback is being used 
NSW Transmission Reliability StandardsDraft assessment of the NSW Transmission Reliability Standards explained. Session led by Mike Smart, the Chief Economist at Independent Pricing and Regulatory Tribunal (IPART).

Some of the key questions raised were:
  • How does the Transmission Reliability Standard impact the supply chain and in particular, the distribution network? How will the two be integrated?
  • How will changes made to the Transmission Reliability Standards impact costs to consumers?
  • How do the Transmission Reliability Standards allow the integration of technology and non-network solutions into the grid?
The TransGrid sumbission to the IPART Review of Electricity Transmission Reliability standards – Supplementary Draft Report includes stakeholder feedback obtained during this session.
TransGrid's vision and the future role of the gridTransGrid is committed to 'innovating like the business depends on it'. As we enter the new energy ecosystem we will be driving innovation, enhancing technology, and focus on delivering an efficient and affordable service to NSW.

During this workshop participants were asked to prioritise some of TransGrid's strategic options against efficiency, responsiveness and innovation.

Some of the key questions raised were:
  • How will TransGrid integrate renewables into the grid, to help support a low carbon future?
  • Do you see a scenario where there would be opportunities for individuals to invest in renewables?
  • What are the grid scale storage requirements and how is this achieved?

The TransGrid Network Vision 2056 report was informed by stakeholder feedback gathered from this session. Stakeholders are able to give feedback on the finalised document. 
Technology and InnovationThis workshop was a collaborative session uncovering the upcoming challenges and opportunities for TransGrid and the electricity industry more broadly. We discussed how technological advances will help reduce costs and improve our operational efficiency.

Some of the key questions raised were:
  • Which technologies are you looking at to maximise the life of assets?
  • Can TransGrid work with local government to develop renewable energy opportunities?
  • Where do batteries sit as replacements for generation?
One example of business innovation at TransGrid is measurement of risk as a capital investment test. This approach ensures that robust, rigorous and quantifiable approach is applied to every identified network risk and opportunity.  

Further resources