REMITREP Services’ Post

📢 REMITREP Webinar is starting soon! Don’t miss out – register now to get insights into the REMIT representation requirement and what it means for your business. Jan Haizmann Aviv Handler #REMIT #Webinar #EnergyCompliance #REMITREP #Regulations #EnergyMarkets #BusinessInsights #RegisterNow

The Australian Government’s Future Gas Strategy must adequately consider the need for more gas production to meet ongoing demand. Our submission highlighted it must prioritise development of the nation’s abundant gas supplies to deliver domestic energy and economic security. A range of other organisations also reinforced the importance of natural gas and the need for investment in new supply. Natural gas is the safety net for Australia’s energy transition, providing affordable and reliable energy for households and businesses. 🔗 View our submission here: https://lnkd.in/edq5DdnT #FutureGasStrategy

🔉 The webinar is kicking off soon! Have questions about the recent REMIT II updates or how Article 9’s REMIT Representation requirement might impact your company? Make sure you join us for this session!

Standard Bank Group and financial advisory group Cresco say South Africa's Electricity Regulation Amendment Act will bring opportunities for smaller businesses that want wind and solar power in their energy mix. #businessday #allthenews #ElectricityRegulation #eraa #futurepower Read the full report https://lnkd.in/dta-vcge

Over the next 25 years, the 5 million households in Australia, including 1.5 million connected to the gas network in New South Wales, will go all-electric. They'll do this because: ⚡ it's more affordable, healthier and sustainable for them 🤝 governments will continue to incentivise them to do it ☀️ it's required to meet Australia’s and New South Wales’ net-zero targets cost effectively Our latest submission to the Australian Energy Regulator (AER), underpinned by modelling from Dynamic Analysis, finds that accelerated depreciation - that is, making gas customers pay more upfront to cover the cost of the gas network in a shorter period of time - is not a sustainable solution. 📝 Read the submission: https://loom.ly/4n3dcCE

📰 Press Release: New oil and gas licences strengthen every sector of the UK Today’s offer of 31 new oil and gas licences to operators by the North Sea Transition Authority (NSTA) strengthens energy security and business confidence across all sectors as the expansion into wind, hydrogen and carbon capture and storage accelerates.   Our CEO, David Whitehouse says: 🗣️“New oil and gas licences benefit every sector in the UK. They will help to bring secure supplies of homegrown gas into our grid, reducing our reliance on more carbon intensive imports from overseas. These licences will help to protect jobs and power and heat the nation’s firms and homes as we build the next generation of low carbon infrastructure here in the UK. "  Read in full ➡️https://ow.ly/IJkF50RvCOB

Utility Magazine is a proud supporting partner of Australian Domestic Gas Outlook 2024, taking place in Sydney from 25-28 March. Readers save 10% on registration fees by using VIP code ‘UM10’ at checkout. Here’s why you need to attend: - Get a vital insight into how the sector is adjusting to the ‘new normal’ of the Code, ADGSM and Safeguard Mechanism - Independent perspectives from respected analysts, including Macquarie, EnergyQuest, Energy Edge, Thomson Reuters, Barrenjoey, Rystad and S&P Global Commodity Insights - Unrivalled networking with senior representatives of all parts of the domestic gas supply chain - Hear from the regulators and those implementing policy to understand how the legal compliance environment will evolve - Examine how the gas sector can find ways to win over the public and politicians Book online here: https://hubs.la/Q029QD2w0

We acknowledge the release of the Australian Energy Regulator (AER)'s draft decision on the 2025-30 access arrangement proposal, submitted by Jemena Gas Networks (NSW) Ltd. ✅ We commend the AER for significantly reducing the proposed expenditure by Jemena. The future of the gas distribution network requires networks to minimise new investment as much as possible, so we're pleased to see the AER reduce Jemena's proposed spending. ❌ As we noted in our submission to the AER, accelerated depreciation (where gas customers pay more upfront to cover the cost of the gas network), makes consumers pay for the risks faced by network investors. There needs to be a focus on more support for consumers and on a low-cost, coordinated decline in gas network use by Jemena, before any accelerated depreciation should be allowed. Read the AER's draft decision: https://lnkd.in/gf-8Gubn Read our submission to the AER: https://loom.ly/4n3dcCE

The #monitoring report 2024 was published and I had a quick look. The reportis put together by the Federal Network Agency Bundesnetzagentur and the Federal Cartel Office Bundeskartellamt, is designed to make the electricity and gas markets more #transparent and provide consumers with useful information. The report looks at what's going on in the electricity and gas markets and how #competitive they are. Further, it looks at how the energy transition is affecting market structures and competition. Overall, the monitoring report is a great way to keep an eye on how the electricity and gas markets are doing and to make sure we're reaching our energy transition goals. In my view it always gives a profound #overview and pushes me on topics I normally don't think of. I put together a couple of graphics that I found interesting and let the #KI (NotebookLM) do their magic to summarize. #oneBET #whereareweintransformation