Territory Stories

Statement of Corporate Intent 2022–2023, Territory Generation Power Generation Corporation (Trading as Territory Generation)

Details:

Title

Statement of Corporate Intent 2022–2023, Territory Generation Power Generation Corporation (Trading as Territory Generation)

Other title

Tabled paper 565

Collection

Tabled Papers for 14th Assembly 2020 -; Tabled Papers; ParliamentNT

Date

2022-07-26

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

Publisher name

Legislative Assembly of the Northern Territory

Place of publication

Darwin

File type

application/pdf

Use

Copyright

Copyright owner

Legislative Assembly of the Northern Territory

License

https://www.legislation.gov.au/Details/C2019C00042

Parent handle

https://hdl.handle.net/10070/874709

Citation address

https://hdl.handle.net/10070/874710

Page content

Page 15 of 18 2022-23 SCI Electricity sent-out The result of underlying demand, behind-the-meter solar and participation assumptions on the Corporations market share is demonstrated by the forecast sent out electricity. Region (MWh) 21-22* 22-23 23-24 24-25 25-26 Darwin-Katherine 1,186,149 1,118,563 1,045,691 1,049,555 1,059,269 Alice Springs 200,299 206,495 206,329 206,232 206,003 Tennant Creek 29,414 31,335 31,383 31,525 31,613 Yulara 15,797 18,021 19,932 20,304 20,681 Kings Canyon 1,356 1,267 1,407 1,430 1,453 Total 1,433,014 1,375,682 1,304,743 1,309,045 1,319,019 *2021-22 Actuals to December 2021 and Forecast to June 2022. Capacity The Corporations existing plant is assumed to be maintained and operated to optimise its outputs and costs in accordance with the approved Asset Management Plan throughout the SCI period, consistent with the capital program. Notable regional strategies are listed below. Darwin-Katherine: Sufficient capacity to supply the full system demand energy and services shall be maintained throughout the SCI period. Into the longer term TGen will only provide capacity for its market share in alignment to its DK Transition Plan to prevent an uneconomical over supply of capacity. The fleet transition plan strategically replaces existing assets with modern, more flexible assets. The Darwin Katherine ESS and first fleet transition projects have been approved, with these assets expected to commence operations in 2022-23. Alice Springs: The Ron Goodin Power Station is currently projected to operate under the current operational philosophy through to 2023-24 when the generation transitions to Owen Springs Power Station which will eventually service the full demand of Alice Springs. Tennant Creek: Adequate capacity is currently installed in Tennant Creek, with the station capable of meeting demand on both gas and diesel fuels. Following the completion of the decommissioning of the aged Ruston diesel units, it is not anticipated to be any changes to the installed capacity within the SCI period. Yulara: Planned capital projects will optimise the use of existing renewable assets and ensure capacity remains available and reliable into the future. Kings Canyon: The capacity in Kings Canyon is sufficient to meet the demand requirements. It is anticipated that a transition to an increased mix of renewable energy and battery storage will result in reduced operating costs, and these capital projects will be assessed over the coming SCI period through the Corporations microgrids grant.


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