Apa Group · ASX:APA
Apa — Corporate Update (October 2020)
28 slides from Apa's corporate update, Oct 28, 2020
Slide 1: Victorian Transmission System Stakeholder Engagement Group 2023-27 access arrangement
Victorian Transmission System Stakeholder Engagement Group 2023-27 access arrangement. Roundtable 1. 28 October 2020 presented by: Scott Young, Nives Matosin
Slide 2: Discussion points
Discussion points 1 Acknowledgement of Country and traditional owners, introductions, house rules 2 Setting the scene – what we’re doing 3 About APA and what do we do? 4 Victorian Transmission System and some issues for the upcoming period 5 Regulatory landscape for VTS 6 Proposed engagement plan 7
Slide 3: Acknowledgement of Traditional Owners
Acknowledgement of Traditional Owners In the spirit of reconciliation, we acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community and especially to the custodians for the lands on which the Victorian Transmission System is located. We p
Slide 4: Introductions and house rules
Introductions and house rules • Hello from the APA team. • This is intended be an open discussion between the engagement group and APA. • We welcome you to raise any issues or questions about the access arrangement. • We ask that discussions during the roundtable are respectful. • We will keep notes
Slide 5: Setting the scene – what we are doing
Setting the scene – what we are doing
Slide 6: Setting the scene – what we are doing
Setting the scene – what we are doing APA owns the Victorian Transmission System (VTS) and we are required to review the access arrangement for VTS for the 2023-27 period. The access arrangement contains the terms and conditions for access to the VTS. APA is committed to better engagement with stake
Slide 7: About APA
About APA We provide energy services to customers across Australia. APA’s assets are an important part of Australia’s energy supply chains. • We own and operate major gas transmission pipelines, gas storage facilities, and gas processing plants. • We also own and operate 900MW of power generation as
Slide 8: About APA
About APA In FY2020 we articulated our Purpose and defined our Vision Purpose: We strengthen communities Vision: To be world class in energy solutions. through responsible energy. Responsible energy at APA means: World class means APA is known for: • Doing the right thing, even in the tough • High i
Slide 9: About the VTS and some issues for the upcoming period
About the VTS and some issues for the upcoming period
Slide 10: About the Victorian Transmission System
About the Victorian Transmission System The VTS comprises approximately 1,992 km of pipelines which transport gas from various inlet points to load centres throughout Victoria. Gas enters the VTS primarily from: - Longford/Pakenham in the east; - Port Campbell in the west; - Culcairn in the North. T
Slide 11: Some issues for the upcoming period
Some issues for the upcoming period Security of supply • Longford, Victoria’s main source of supply, is in decline • AEMO has forecast potential shortages as early as winter 2023 – there is a focus on getting enough gas into Victoria to meet peak demand • There are several LNG Floating Storage and R
Slide 12: Regulatory landscape for VTS
Regulatory landscape for VTS
Slide 13: The VTS and the Market Carriage Model
The VTS and the Market Carriage Model • The Victorian Transmission System (sometimes The Declared Wholesale Gas Market known as the Declared Transmission System, DTS) is owned and maintained by APA • The VTS is operated by the Australian Energy Market Operator (AEMO) under a market-based centrally c
Slide 14: VTS Access Arrangement revision
VTS Access Arrangement revision • An access arrangement for a full regulation pipeline must be periodically revised. • Proposed revisions to the access arrangement must be submitted, by the covered pipeline service provider, to the Australian Energy Regulator, for approval, under the National Gas Ru
Slide 15: What must be in an access arrangement?
What must be in an access arrangement? • Identification of the pipeline and reference to website at which a description of the pipeline is available. • Descriptions of the pipeline services that can reasonably be provided. • Specification of the reference services (VTS: Tariffed Transmission Service
Slide 16: Revision of VTS Access Arrangement
Revision of VTS Access Arrangement • For each reference service, we will need to set terms and conditions on which the service is to be provided. • For each reference service, we will need to set a reference tariff. • In setting tariffs for the Tariffed Transmission Service, we shall apply the build
Slide 17: Revision of VTS Access Arrangement
Revision of VTS Access Arrangement • Our process has been planned around the obligation we have to submit an access arrangement revisions proposal for VTS to the Australian Energy Regulator, by 1 December 2021. • After we submit the revisions proposal, the Australian Energy Regulator commences its a
Slide 18: Key milestones and dates for the approval process
Key milestones and dates for the approval process Milestone Indicative date APA submits Reference Service Proposal to AER 1 December 2020 Submissions on the reference service proposal close TBA AER publishes reference service proposal decision 1 June 2021 APA submits access arrangement revisions pro
Slide 19: Engaging with stakeholders
Engaging with stakeholders apa energy. connected.
Slide 20: VTS engagement plan
VTS engagement plan • We want stakeholders to have a better understanding of our proposed plans for operating and investing in the VTS • So we have considered ways to best engage with consumers and align …..with APA’s refreshed Purpose and Vision • …..And our commitments under the Energy Charter – a
Slide 21: VTS engagement plan
VTS engagement plan What are the We hope to: outcomes we • Enhance trust and our reputation with consumers, want from stakeholders and AER. consumer • Get better acceptance and understanding by engagement? consumers of our business and regulatory positions. • Achieve greater acceptance by the AER fo
Slide 22: Engagement plan – proposed principles
Engagement plan Proposed principles We wish to apply best practice principles of engaging with you. when engaging on VTS… Proposed principles: We’d like to hear • No surprises. what you think of these principles. • Clear, accurate and timely communication. • Easy to understand. • Transparent. • Prov
Slide 23: Ways we will engage
Ways we will engage… VTS stakeholder Engagement plan Series of roundtables engagement group Webpage One-on-one meetings
Slide 24: Engagement plan - timeline
Engagement plan - timeline • COVID has made planning for face-to-face meetings uncertain. • At this stage we envisage holding short roundtables on a monthly basis rom now until November 2022. • The proposed timeline is set out in the draft VTS engagement plan. It is only indicative because we will b
Slide 25: Engagement plan – next steps
Engagement plan – next steps • Provide us with We would welcome feedback on the following questions your feedback about today’s 1. Do you have any comments about the way we propose to engage? Do you have any suggestions? session and the engagement 2. Is there other information you want us to provide
Slide 26: Wrapping up
Wrapping up
Slide 27: Wrap up
Wrap up • Summary of key outcomes from today • Suggestions on other attendees/organisations to be involved • We’ll be in touch soon about the next roundtable. Thank you for participating
Slide 28: For further information contact
For further information contact: Or visit the APA website: Scott Young apa.com.au Manager Regulatory p. +61 2 9275 0031 scott.young@apa.com.au Nives Matosin Manager Regulatory p. +61 2 9693 0081 nives.matosin@apa.com.au