INNOVATION FOR A FAST AND COST EFFECTIVE ENERGY TRANSITION
Global experience shows that energy infrastructure incentive schemes often achieve their energy goals, but at significant cost to consumers.
We’re determined that Australia will be different.
We’re determined that Australia will be different.
Our ground-breaking products, offered through our tender processes, will ensure that the next wave of energy infrastructure consists of quality projects which have demonstrated significant financial benefit for consumers.
LONG TERM ELECTRICITY SERVICE AGREEMENTS
Long-Term Energy Service Agreements (LTESAs) are innovative options contracts which deliver certainty to investors and savings to energy consumers.
LTESAs offer generation, storage and firming projects the right to access minimum cash flows for periods within a long contract term, removing risk from periods of low wholesale electricity prices and allowing to bring projects to completion sooner.
RENEWABLE ENERGY ZONE ACCESS RIGHTS
NSW Renewable Energy Zones (REZ) Access Schemes are the first of their kind in the National Electricity Market.
AEMO Services helps to determine the amount and staging of electricity infrastructure investment, the risk allocation between the proponents of each project and consumers, as well as access to transmission infrastructure.
By controlling which projects connect to each REZ, and defining their rights to access Network Infrastructure, Access Schemes reduce uncertainty and encourage efficient investment in new generation and storage.
TENDER SCHEDULE
Our world-class tenders are turning project plans into tomorrow’s energy infrastructure.
Each tender utilises a competitive two-stage process, selecting generation, storage and firming projects to drive one of the fastest decarbonisation initiatives seen anywhere in the world.