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VENCorp
The Victorian Energy Networks Corporation (VENCorp) was a Victorian State Government-owned entity established in December 1997 responsible for the efficient operation of gas and electricity industries in Victoria, Australia, within Victoria's privatised energy industries. It was funded by energy industry participants. Functions VENCorp had major operational, planning and development roles for both gas and electricity, the key being: * independent system operator for the Victorian gas transmission network * manager and developer of the Victorian wholesale gas market * system planner providing planning services for the gas and electricity industries. History Since the 1950s, the Gas and Fuel Corporation was a government-owned monopoly supplier of household gas in Victoria. In 1965, natural gas was discovered in Bass Strait, and the Corporation undertook a conversion program, which took over 20-months ending in December 1970, to convert around one million appliances to operate on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Energy Market Operator
The Australian Energy Market Operator (AEMO) performs an array of gas and electricity market, operational, development and planning functions. It manages the National Electricity Market (NEM), the Wholesale Electricity Market (WA) (WEM) and the Victorian gas transmission network. AEMO also facilitates electricity and gas full retail contestability, overseeing these retail markets in eastern and southern Australia. It is additionally responsible for national transmission planning for electricity and the establishment of a Short Term Trading Market (STTM) for gas. It commenced operations on 1 July 2009, superseding several state-based and cross-state organisations including the National Electricity Market Management Company Limited ( NEMMCO), the Victorian Energy Networks Corporation (VENCorp) which was responsible for the efficient operation of gas and electricity industries in Victoria, the Electricity Supply Industry Planning Council (ESIPC) which was responsible for the effec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gas And Fuel Corporation
The Gas and Fuel Corporation of Victoria (G&FC) was a government-owned monopoly supplier of household gas in Victoria, Australia. It was established in 1950 and took over two of the three main gas utilities in Melbourne – the Metropolitan Gas Company and the Brighton Gas Company. As part of the conversion to natural gas, in 1971 the corporation acquired the Geelong Gas Company, one of only two remaining private gas companies in Victoria at the time. The Ballarat Gas Company closed at the time. The G&FC was wound up in June 1995. Consolidation One of the first tasks of the corporation was the construction of a centralised brown coal fueled gasification plant at Morwell. The Lurgi Gasification Plant opened in Morwell in 1956, which used the German Lurgi process to produce gas, that was transferred to Melbourne via a high pressure gas pipeline. Construction of the Morwell plant led to the closure in 1957 of a number of town gas producing gasworks scattered throughout Melbourne a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy In Victoria (Australia)
Energy in Victoria, Australia is generated using a number of fuels or technologies, including coal, natural gas and renewable energy sources. Brown coal, historically, was the main primary energy source for the generation of electricity in the state, accounting for about 85% of electricity generation in 2008. The amount of coal-fired power has decreased significantly with the closure in 2017 of the Hazelwood power station which supplied around 20% of Victoria's electricity, and to a lesser extent with the exit of Anglesea Power Station, Victoria (Australia), Anglesea power station in 2015. Brown coal is one of the largest contributors to Australia's total domestic greenhouse gas emissions and a source of controversy for the country. Australia is one of the List of countries by greenhouse gas emissions per capita, highest polluters of greenhouse gas per capita in the world. In 2020, the Greenhouse gas co-efficient for Victoria as advised by the Essential Services Commission was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Electricity Commission Of Victoria
The State Electricity Commission of Victoria (SECV, ECV or SEC) is a government-owned electricity supplier in Victoria, Australia. It was set up in 1918, and by 1972 it was the sole agency in the state for electricity generation, transmission, distribution and supply. Control of the SECV was by a Board of Commissioners appointed by the Victorian Government. After 1993, the SECV was disaggregated into generation, transmission and distribution companies, which were further split and then privatised in the mid to late 1990s. However, electricity supply agreements with the Portland and Point Henry aluminium smelters were retained by SECV, which continued as their electricity supplier. In 2022, Victorian Premier Daniel Andrews pledged to revive the SEC as a government owned entity. Background When electricity generation first became practical, the main uses were lighting of public buildings, street lighting and later, electric trams. As a result, electricity generation and distr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victorian Power Exchange
The Victorian Power Exchange (VPX) was established in 1995 by the Victoria State Government as part of a restructuring of the State Electricity Commission of Victoria (SECV) and the establishment of a competitive electricity market. Overview Its functions were to monitor and control the wholesale power exchange; ensure security of the power system; and plan and direct the augmentation of the transmission system within Victoria. The design of the electricity market and the operation of the power exchange formed the basis for the National Electricity Market. VPX was a not-for-profit corporation owned by the Government of Victoria. The board of directors comprised representatives of the electricity industry and independent members. VPX was wound up in 1998 with the establishment of NEMMCO and the commencement of the National Electricity Market. VPX's transmission planning function was transferred to VENCorp The Victorian Energy Networks Corporation (VENCorp) was a Victorian S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Electricity Market
The National Electricity Market (NEM) is an arrangement in Australia's electricity sector for the connection of the electricity transmission grids of the eastern and southern Australia states and territories to create a cross-state wholesale electricity market. The Australian Energy Market Commission develops and maintains the Australian National Electricity Rules (NER), which have the force of law in the states and territories participating in NEM. The Rules are enforced by the Australian Energy Regulator. The day-to-day management of NEM is performed by the Australian Energy Market Operator. NEM operations began on 13 December 1998 and currently covers Queensland, New South Wales, Australian Capital Territory, Victoria, Tasmania and South Australia. Western Australia and the Northern Territory are not connected to the NEM. The NEM comprises five regions, with the ACT being in the NSW region. Tasmania joined the NEM in May 2005 and became fully operational on 29 April 2006 when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solar Power In Australia
Solar power in Australia is a fast growing industry. As of September 2022, Australia's over 3.27 million solar PV installations had a combined capacity of 28,177 MW photovoltaic (PV) solar power, of which at least 4,258 MW was installed in the preceding 12 months. In 2019, 59 solar PV projects with a combined capacity of 2,881 MW was either under construction, constructed or due to start construction having reached financial closure. Solar accounted for 9.9% (or 22.5 TWh) of Australia's total electrical energy production in 2020. The sudden rise in solar PV installations in Australia since 2018 dramatically propelled the country from being considered a relative laggard to a strong leader by mid-2019. With an installed photovoltaic capacity of 16.3 GW at the end of 2019, Australia had the second highest per capita solar capacity at 637 watts per capita. The installed PV capacity in Australia increased 10-fold between 2009 and 2011, and quadrupled between 2011 and 2016. The fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Companies Established In 1997
Australian(s) may refer to: Australia * Australia, a country * Australians, citizens of the Commonwealth of Australia ** European Australians ** Anglo-Celtic Australians, Australians descended principally from British colonists ** Aboriginal Australians, indigenous peoples of Australia as identified and defined within Australian law * Australia (continent) ** Indigenous Australians * Australian English, the dialect of the English language spoken in Australia * Australian Aboriginal languages * ''The Australian'', a newspaper * Australiana, things of Australian origins Other uses * Australian (horse), a racehorse * Australian, British Columbia, an unincorporated community in Canada See also * The Australian (other) * Australia (other) Australia is a country in the Southern Hemisphere. Australia may also refer to: Places * Name of Australia relates the history of the term, as applied to various places. Oceania *Australia (continent), or Sahul, the landmasses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Government-owned Companies Of Australia
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Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Victoria (Australia)
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Electric Power Companies Of Australia
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Companies Disestablished In 2009
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
