NIEIR recently completed a study for Ausgrid on post-modelling adjustments to their electricity forecasts to 2024-25.
The policies considered by NIEIR in this work included:
COMMONWEALTH/NATIONAL
- Climate Change Energy Pricing
- Renewable Energy Target (RET)
- Energy Efficiency Opportunities Act (2006)
- National Energy Efficiency Scheme
- Minimum Energy Performance Standards (MEPS)- National Program though Standing Committee of Energy (SCER) and Energy Labelling
- Mandatory Disclosure (Energy Efficiency Act 2010) under SCE
- Phase-out of electric resistance hot water systems
NEW SOUTH WALES
- BASIX
- Solar Bonus Scheme
- Energy Savings Scheme (ESS)
- Energy Efficiency for Small Business
TECHNOLOGICAL DEVELOPMENTS
- Time-of-use metering
- Plug-in Electric Vehicles
- Lighting
- Standby Power
Benefit to Client
The NIEIR post model adjustments and report allowed the client to adjust their economic forecasts for electrical energy and electricity peak demands for their distribution business. These forecasts were used in their submission to the Australian Energy Regulator for the next regulatory period in New South Wales.
