FOI 190916
Document 2
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From: Tim Neal
Sent: Friday, 25 January 2019 1:28 PM
To: Rachel Parry <xxxxxx.xxxxx@xxxxxxxxxxx.xxx.xx>; James O'Toole ; s22
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@environment.gov.au>; Tim Neal <xxx.xxxx@xxxxxx.xxx.xx>;s22
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@environment.gov.au>; 'Ritchie, Robert' <xxxxxx.xxxxxxx@xxxx.xxx.xx>; Allen, Chris
<xxxxx.xxxxx@xxxx.xxx.xx>
Subject: UNGI [SEC=UNCLASSIFIED]
Hi All,
Thanks for earlier today and thanks again for all the hard work on this program.
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Thanks again
Tim
Tim Neal - Senior Adviser
Office of the Hon Angus Taylor MP
Minister for Energy
Parliament House, Canberra ACT 2600
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FOI 190616
Document 3
Underwriting New Generation Investments program – Submission Shortlist
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Coal Upgrades – Projects and feasibility studies
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FOI 190616
Document 4
Underwriting New Generation Investments program (UNGI)
File note – Registration of Interest (ROI) filtering
The ROI process for the UNGI program was held over December 2018 to January 2019.
There were 66 project submission received.
Based on the ROIs a filtering process was conducted which identified 24 projects. This
summary of this list was sent to the Tim Neal at the Minister’s Office on 4 February. It was also
provided in MS19-900048 on 7 February 2019 (PE brief).
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The department also had regard to the findings of the Australian Energy Market Operator’s
(AEMO) 2018 Electricity Statement of Opportunities, which stated that the NEM faces
increasing reliability risks over the next ten years, specifically:
- Without any additional investment in generation, Victoria will breach the reliability
standard by 2021-22, NSW by 2023-24, and South Australia by 2024-25.
- Based off a 10 % probability of exceedance of the reliability standard –
:
SA and Vic are expected to share a 40 MW gap in dispatchable generation from
2022, rising to 460 MW in 2028.
:
NSW is expected to have reliability gap of 150 MW from 2023-24, rising to 700 MW
by 2027-28.
Priority was given to projects that were at a more advanced state of development based the on
information provided in the ROI.
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