06-20-2024, 09:40 AM
AEMO are hopeless..... In 2018 AEMO estimated that HumeLink (then called SnowyLink North) would cost
between $575m and $1,725m (and would be completed by 2025). TransGrid now Chinese controlled has now admitted it
will cost more than $5 billion (excluding interest during construction and project management
costs) and construction of it is yet to begin. For Project Energy Connect from South Australia,
AEMO estimated it would cost $1bn in 2016 (and be completed by 2021), but in 2021 the Australian
Energy Regulator allowed $2.3bn. The latest estimate is $3.5bn although neither
Electranet, Transgrid or AEMO have said so publicly yet.
AEMO says that VNI-West plan will only raise transmission charges by 25% in Victoria. But AEMO uses 2021 prices, connecting 500kv lines to the Victorian 220kv transmission system is expensive and transmission charges will be up over 100%.
There is an alternate plan B I have seen for Victoria which uses the existing 220kv transmission system with a few upgrades, some new 220kv lines and doesnt require the building of the superhighway 500kv system, just one small 500kv transition point and , half the price, less land being chewed up.This would be phased in from 2023 to 2035 and cost around 6 billion with only minor increases on your electric bill, the VNI West will cost 11 billion and put up your electric bills plenty...
Of course with AEMO being the driving force that plan B wont see the light of day as it curtails profits, needless to say neither will nuclear see the light of day either with such a heavy green, teal, minor parties number in the senate so Duttons plans are null and void and without foreign investment which means China no full plan will make it to the start line given Chinese Investment is on the slide in Aus thanks to the political situation.
between $575m and $1,725m (and would be completed by 2025). TransGrid now Chinese controlled has now admitted it
will cost more than $5 billion (excluding interest during construction and project management
costs) and construction of it is yet to begin. For Project Energy Connect from South Australia,
AEMO estimated it would cost $1bn in 2016 (and be completed by 2021), but in 2021 the Australian
Energy Regulator allowed $2.3bn. The latest estimate is $3.5bn although neither
Electranet, Transgrid or AEMO have said so publicly yet.
AEMO says that VNI-West plan will only raise transmission charges by 25% in Victoria. But AEMO uses 2021 prices, connecting 500kv lines to the Victorian 220kv transmission system is expensive and transmission charges will be up over 100%.
There is an alternate plan B I have seen for Victoria which uses the existing 220kv transmission system with a few upgrades, some new 220kv lines and doesnt require the building of the superhighway 500kv system, just one small 500kv transition point and , half the price, less land being chewed up.This would be phased in from 2023 to 2035 and cost around 6 billion with only minor increases on your electric bill, the VNI West will cost 11 billion and put up your electric bills plenty...
Of course with AEMO being the driving force that plan B wont see the light of day as it curtails profits, needless to say neither will nuclear see the light of day either with such a heavy green, teal, minor parties number in the senate so Duttons plans are null and void and without foreign investment which means China no full plan will make it to the start line given Chinese Investment is on the slide in Aus thanks to the political situation.