Apa Group · ASX:APA
Apa — Corporate Update (August 2023)
27 slides from Apa's corporate update, Aug 31, 2023
Slide 1: Directlink Stakeholder Co-creation Workshop
Directlink Stakeholder Co-creation Workshop 31 August 2023
Slide 2: Acknowledgement of Country
I’d like to begin by acknowledging the Traditional Owners of the land on which we all meet from today and pay my respects to Elders past, present and emerging. Directlink Co-Creation Workshop 1
Slide 3: Introductions
Introductions Directlink Co-Creation Workshop 2
Slide 4: Welcome and purpose
Welcome and purpose Objective: To set the scene for the meeting. Directlink Co-Creation Workshop 3
Slide 5: Agenda for today's meeting
Agenda for today’s meeting Activity Lead Time Welcome Ross Gersbach, Group Executive Strategy and Corporate Development 3:00pm – 3:05PM APA Group Introductions and purpose Sarah Lau, Facilitator 3:05pm – 3:10pm SEC Newgate Overview of Directlink and APA’s plans for Mark Allen, Regulatory Manager, Ec
Slide 6: Overview of Directlink and APA's plans for the asset
Overview of Directlink and APA’s plans for the asset Objective: To ensure stakeholders have a common understanding of the Directlink asset and APA’s plans to submit its regulatory proposal. Directlink Co-Creation Workshop 5
Slide 7: Overview of Directlink
Overview of Directlink • Directlink is a 59 km, 180 MW High Voltage Direct Current (HVDC) interconnector in regional Northeast NSW running between Mullumbimby and Bungalora in NSW. • It connects at both ends to high voltage components of the Essential Energy network and is dispatched by AEMO, loweri
Slide 8: Issues for Directlink's 2025 to 2030 regulatory period
Issues for Directlink’s 2025 to 2030 regulatory period Reliability and No scope for Difficult operating Limited number of Upcoming end of maintenance demand environment assets life concerns management • Directlink’s cable • Directlink’s (at the • Directlink is a • Directlink has no • Directlink will
Slide 9: Timeline for Directlink regulatory reset – 2025 to 2030
Timeline for Directlink regulatory reset – 2025 to 2030 3 July 2023 October 2024 December 2024 AER published AER holds APA submits revised framework and predetermination Directlink regulatory approach paper conference proposal January 2025 31 January 2024 1 July 2025 September 2024 Public submission
Slide 10: Overview of engagement
Overview of engagement Objective: To reach a common understanding of the elements that will underpin APA’s engagement program. Directlink Co-Creation Workshop 9
Slide 11: Core engagement objectives
Core engagement objectives The AER aims to encourage energy network businesses to “better engage and have consumer preferences drive the development of regulatory proposals” and assesses proposals against three core engagement expectations: • Nature of engagement – How networks engage with consumers
Slide 12: Proposed functions of the stakeholder group
Proposed functions of the stakeholder group Some of the proposed functions of the stakeholder group include, but are not limited to: • Provide independent feedback and • Assist in improving APA’s understanding of challenge APA on the degree to which its the needs and expectations of different Regula
Slide 13: Identification of core issues and priorities
Identification of core issues and priorities Objective: To identify the issues, priorities, customers and stakeholders that will be targeted through the engagement program. Directlink Co-Creation Workshop 12
Slide 14: Priority customer and stakeholder segments
Priority customer and stakeholder segments • Local Councils • State Governments • Regulators and market bodies • Networks • Retailers • Generators • Customers, including business customers • Communities • First Nations and CALD people • Business partners • Shareholders and investors • Peak bodies •
Slide 15: IAP2 spectrum public participation goal
IAP2 spectrum Increasing impact on the decision Inform Consult Involve Collaborate Empower To provide the public with To obtain public feedback To work directly with the To partner with the public in To place final decision Public participation goal balanced and objective on analysis, alternatives p
Slide 16: What are the core issues of interest to test
Core issues for stakeholders Reliability and security Customer risk of supply Maintenance Future of Directlink, end of life planning What are the Engagement core issues of approach interest to test Affordability with these segments? Capex Sustainability & the energy transition WACC, Opex RAB & Depre
Slide 17: Engagement mapping
Engagement mapping Objective: To create a well defined engagement plan that links issues and stakeholder engagement Directlink Co-Creation Workshop 16
Slide 18: Impact on Maximum Allowed Revenue and customer risk outcomes
Issues mapping Level of IAP2 Spectrum Strawman issues and engagement mapping Strawman issues and engagement mapping Description Revenue and customer risk outcomes To place final decision-making in the RAB Impact on Maximum Allowed Revenue and customer risk Empower hands of customers and stakeholders
Slide 19: Proposed timeline for stakeholder engagement
Proposed timeline for stakeholder engagement Date Engagement event Event topics 31 August 2023 Stakeholder Co-creation - Overview of Directlink workshop - Overview of engagement - Identifying core issues and priorities - Mapping stakeholders and issues 11 September 2023 Stakeholder Group Meeting #1
Slide 20: Proposed timeline for stakeholder engagement
Proposed timeline for stakeholder engagement Date Engagement event Event topics 8 November 2023 Stakeholder Group Meeting #3 - Forecast operating expenditure for 2025 to 2030, including discussion 10am – 11:30am around rail trail access options - Forecast Regulatory Asset Base, depreciation, rate of
Slide 21: Evaluation and feedback loops
Evaluation and feedback loops Objective: To identify how APA can best undertake ongoing evaluation and respond to stakeholder feedback. Directlink Co-Creation Workshop 20
Slide 22: How will we measure our efforts?
How will we measure our efforts? • Evaluation is a critical aspect in the AER’s assessment of the quality of engagement. • Evaluation also provides APA with an opportunity to be responsive to feedback and adjust the engagement approach accordingly. • For all stakeholder group meetings, we propose to
Slide 23: How will feedback be used?
How will feedback be used? • The stakeholder group is requested to: • Complete evaluation surveys following each meeting • Provide advice and feedback at stakeholder group meetings and as needed as the Regulatory Proposal is developed. • APA will use stakeholder feedback to: • Ensure the Regulatory
Slide 24: Wrap up and next steps
Wrap up and next steps Objective: To thank participants and explain next steps. Directlink Co-Creation Workshop 23
Slide 25: Next steps
Next steps • Stakeholder group to: • Advise on interest and availability in participating in future meetings • Advise on areas of interest for the next meeting on the future of Directlink on Monday 11 September, 11am – 12pm • APA to: • Confirm agenda for the next meeting • Send out meeting papers fo
Slide 26: Questions?
Questions? Directlink Co-Creation Workshop 25
Slide 27: Thank you
always apa Ghead © Thank you