2017 FUTURE STATE OF ELECTRICITY CONFERENCE

A Blueprint for WaterMay 25-26, 2017 Grand Hyatt, Collins Street MELBOURNE

System Thinking in Transition to Renewables

MAJOR PARTNER INFRASTRUCTURE

MAJOR PARTNER RESEARCH

VicWater presents

Supported By

On behalf of VicWater and its Board of Management, it is our pleasure to invite you tothe ‘Future State of Energy Conference - A Blue Print for Water’. This Conferenceoffers a ‘System Level Thinking’ on achieving ‘Energy Targets’ and ReducingEmissions in line with the Victorian State Government’s commitment to ‘renewableenergy generation targets’ of 25% by 2020 and 40% by 2025.

The conference is set to attract key decision makers and influencers from the waterand energy industries together with leaders from Victorian Government, Regulators,Generators, Network Service Providers, Energy Storage, Contractors, Retailers, MicroGrid Operators, Energy Farmers, Carbon Market Participants, Bankers and Investors.

Business consumers of energy will be able to apply the learnings from the conferenceto their decision-making processes. The learnings from the conference aim to informwater corporation’s short-term and long term decisions in the energy transition journeywith a firm eye on potential risks and ways to mitigate them. All of this in the contextof ensuring Operational Continuity.

The theme: ‘The Future State of Energy – A Blue Print for Water’ is very timely, giventhe clear direction and short timelines to achieve significant reductions in carbonemissions. The energy industry is at the centre of this change and is rapidly evolvingin its quest to stay ahead of the transition curve. Businesses like the watercorporations, irrigators, manufacturing and production etc. are intrinsically connectedto the energy industry by being large energy consumers and are affected by thechanges impacting the energy industry.

The program offers a list of distinguished presenters who will provide in-depthlearnings from their respective industries, which will serve as a catalyst in sparkingnew ideas and partnerships for your businesses. It will also facilitate genuineopportunities for those in the senior leadership of the Victorian water and energyindustry to meet, network and forge new relationships.

VicWater has undertaken this initiative as a first step in understanding andaddressing the mandate of Water Corporations making the transition from traditionalenergy sources to renewables and believes the two-day program will inspire, informand facilitate a clearer strategic perspective in your respective organisations. Theprogram has been developed with Chairs, MDs, Directors and Senior Executives inmind and we look forward to welcoming you to The Grand Hyatt for what we believewill be another outstanding conference.

Peter VogelChair

Tony WrightChief Executive Officer

WELCOME

WELCOME

Water Corporations are making quick ‘energytransition’ decisions to meet VictorianGovernment’s energymandate.

ChangeisImminentintheWater–EnergyNexus

big picture gentailer networksthe energytransition

retail

Australia and Victoria are undergoing energymarket transition presenting risks andopportunities tobusinesses

DeepDiveintotheEnergyMarketTransition

renewables in water

+-

large and small solar in water

energy farming

project risk the future

PROGRAM STRUCTURE

A series of decisions to be made by boards andsenior executives of water corporations andbusiness organisations

Informing Future Transition Pathways

Water Corporation decisions can lead tomaterial impacts on affordability , security, andgrowth in local communities

Intended & Unintended Consequences

results from the energy grid simulation run by Deakin’s IISRI team with corporations in the driver’s seat

storage commercial viability

future of contracts

keydecisions

carbon priceenergy efficiency

the future

PROGRAMDAY 1

8:45 am Registration: Foyer, Savoy Ballroom

9:20 am WELCOME & OPENING ADDRESSTony Wright, Chief Executive Officer, VICWATER

9:30 am KEYNOTE ADDRESS: THE BIG PICTURE ON CHANGEDr. Jemma Green, Co Founder & Chair POWER LEDGER, Senior Fellow, CURTIN UNIVERSITY

• Global Energy Markets, 10 Yrs Forecast, OZ Contributions, Next Stage of Growth, Self Generate, Lower Emissions, Surplus Power

10:15 am EXPOSING THE GRID: TRANSITIONING AN ENTIRE SYSTEMSatvik Gangavarapu, Director Commercial & Supply Chain, VICWATER

• Unveiling the Energy Grid for the Business Consumer - Sectors, Drivers, Instruments, and Timeline

10:45 am Morning Tea: Foyer, Savoy Ballroom

11:00 am THE CHANGING FACE OF THE ELECTRICITY MARKET –NEW ENERGY MARKET TRANSFORMATION – DEALING WITH THE TRILEMMAStephanie Bashir, Senior Director Policy Making, AGL

• Transitioning Large Scale Generation into a Distributed Business Model that can work with consumers

11:45 am THE FUTURE OF TRANSMISSION & DISTRIBUTIONAndrew Dillon, General Manager, AUSNET SERVICES and Non-Executive Director, GOULBURN VALLEY WATER

• Disrupting the current business model of networks businesses and providing a roadmap for water corporations to engage with networks as broader participants in the energy supply chain

12:30 pm Lunch: Savoy Ballroom

1:15 pm ENERGY RETAIL - THE CHANGING LANDSCAPEDavid Guiver, Executive General Manager Trading, ERM POWER

• Future Challenges, Strategies and Solutions for the Retail Sector and their alignment with water corporations and business organisations

1:45 pm RENEWABLE ENERGY IN WATER FOR VICTORIASimon Corbell, Renewable Energy Advocate, DEPARTMENT OF LAND, ENVIRONMENT AND WATER PLANNING (DLEWP)

• Improving the Renewable Energy Footprint and Overcoming Challenges for the Victorian Water Sector

2:15 pm THE FUTURE OF SOURCING CONTRACTS – MANAGING RISK AND VALUERod Boyte, Director, SMART POWER

• Integrating Operations with Markets, Purchasing Energy from the Wholesale and Retail Markets, Future Cost Drivers and critical areas of focus for decisions makers

2:30 pm Afternoon Tea: Foyer, Savoy Ballroom

3:00 pm ENERGY FARMING AND DISTRIBUTED GENERATION David Shappero, Chief Executive Officer, FUTURE ENERGY

• A Case Study on Chepstowe Wind Farm - Ballarat

3:30 pm MANAGING RISK AND VALUE IN ENERGY PROJECTSDr. Sam Button, Technical Director Energy, AURECON

• Managing Risk, Project Models, and Economic Viability in Energy Projects

4:00 pm A FUTURIST'S VIEWMarcus Barber, Futurist

4:45 pm CLOSE

7.00 pm DINNER: MAYFAIR BALLROOMIncludes presentation on The Yackandandah Totally Renewable Initiative

2017 FUTURE STATE OF ELECTRICITY CONFERENCE

MAJOR PARTNER RESEARCH MAJOR PARTNER INFRASTRUCTURE

9:00 am Arrive at Venue

9:15 am OPENING ADDRESS: THE SUPPLY CHAIN EXCELLENCE PROGRAMJeff Rigby, Managing Director COLIBAN WATER, Chair SUPPLY CHAIN EXCELLENCE PROGRAM

9:30 am INTENDED AND UNINTENDED CONSEQUENCESDr. Doug Creighton, Deputy Director, INSTITUTE OF INTELLIGENT SYSTEMS AND INNOVATION - DEAKIN UNIVERSITY

• Simulation of the energy grid and resulting outcomes for water corporations showcased as consequences of strategic and operational decisions

10:15 am SOLAR ENERGY FOR THE WATER INDUSTRY ON SMALL & LARGE SCALEAnthony Johnston, Executive General Manager Strategy & Development, DOWNER UTILITIES

• Application of Solar Technologies for Water Corporations including behind and beyond the meter installations

10:45 am Morning Tea: Foyer, Savoy Ballroom

11:00 am VICTORIAN WATER INDUSTRY’s LARGE SCALE RENEWABLES PROJECTJohn Day, Executive Manager Operations, NORTH EAST WATER

• Update on the project

11:30 am COMMERCIAL VIABILITY & INVESTMENT MODELS IN FUTURE ENERGYLachlan Creswell, Divisional Director, MACQUARIE CAPITAL

• Financial and Investment Models, Risks and Rewards in energy transition projects for Water Corporations and Businesses

12:00 pm TECHNOLOGY MIX AND STORAGE FOR WATER CORPORATIONSNick Carter, Manager Tesla Energy Asia Pacific, TESLA

• Application of storage technologies and their integration with large and small scale renewable energy installations for Water Corporations and Businesses

12:30 pm Lunch: Savoy Ballroom

1:15 pm ENERGY REDUCTION AIDING RENEWABLES & FUTURE PRICING OF CARBONJo Hoatson, Managing Director, NATIONAL CARBON BANK OF AUSTRALIARick Brazzale, Managing Director, GREEN ENERGY TRADING

• Managing the price of carbon, future challenges and opportunities in carbon reform, and strategic considerations in Energy Reduction for water corporations

1:45 pm KEY DECISIONS BY BOARDS, MD'S, CEO'S AND SENIOR EXECUTIVESSatvik Gangavarapu, Director Commercial and Supply Chain, VICWATER

• Following the presentation by Dr. Doug Creighton, presenting a series of decisions and options that will allow for Water Corporations to position themselves as consumers, prosumers, and net producers

2:30 pm A FUTURIST'S VIEWMarcus Barber, Futurist

• The Blueprint for Water

3:00 pm CLOSETony Wright, Chief Executive Officer, VICWATER

PROGRAMDAY 22017 FUTURE STATE OF ELECTRICITY CONFERENCE

MAJOR PARTNER RESEARCH MAJOR PARTNER INFRASTRUCTURE

JEMMA GREENInvestment Banker, Economic

Commentator & Keynote Speaker

Jemma Green is an investment banker with aglobal perspective and a passion forrenewable energy, public transport,transformational cities and sustainablefinance and economics. She is also anengaging keynote speaker and regular mediacommentator who clearly communicates herfascinating insights into rapid economicchange surrounding sustainability, disruptiveinnovation and corporate agility.

Jemma’s journey from investment bankingto sustainable finance and economics isnothing short of impressive. Helping JPMorgan establish their Global Environmentaland Social Risk Management Office tookJemma around the world. Looking atenvironmental standards for energy projects,she helped other companies to improve theiroperating standards.

SIMON CORBELL Victorian Renewable Energy

Advocate DELWP

Simon Corbell was appointed as the firstVictorian Renewable Energy Advocate inDecember 2016 to promote the state’srenewable energy sector, provide independentadvice to the Victorian Government and assistthe state in meeting its renewable energytargets.

Simon was previously Deputy Chief Ministerand Minister for Environment and ClimateChange of the ACT and served in the ACTLegislative Assembly between 1997 -2016. Inthese roles he championed policy which put theACT on track for 100 per cent renewableenergy by 2020, through policies to supportlarge scale solar, wind and battery storageprojects. Simon was a joint winner of theBanksia Foundation's Gold Award for the ACTSolar Auction program in 2015, and has beenrecognized by the Clean Energy Council and theClimate Alliance for his work in championingthe clean energy transition in Canberra andnationally. He is also a Patron of the AustralianSolar Council and an Adjunct Professor of theUniversity of Canberra.

ANTHONY JOHNSTON Executive General Manager Strategy and Development

DOWNER UTILITIESAnthony Johnston joined Downer in February2015 as Executive General Manager forStrategy & Development in the Utilitiesbusiness. He has over 20-years’ experience inleading global industrial companies acrossrenewables, water, oil & gas andtelecommunications. At Downer, the team iscurrently delivering over 400MW of solarprojects with a pipeline of more than500MW, this is in addition to completion of1.7GW of wind projects over the last 15years. In Water, Downer has design, built andupgraded more than 80 treatment plantsincluding recent projects at Point Lookout,Sunbury, Mareeba and also Rubyanna whereDowner was a leader in integrating solarpower generation into the treatment plantfor Bundaberg Regional Council. Prior toDowner, Anthony worked at Siemens inRenewables and Oil & Gas and at Pirelli inPower Transmission & Distribution.

JEFF RIGBY Managing Director

COLIBAN WATER

Jeff Rigby was appointed by the Board andcommenced at Coliban Water in December 2011.Mr Rigby has 31 years of experience working inthe water industry, including 15 years inexecutive management roles. Prior to joiningColiban Water, he was the Managing Director ofGrampians Wimmera Mallee Water (2007 –2011). Mr Rigby is a Board Director of theGrampians Central West Waste and ResourceRecovery Group and Chair of the Group’s AuditCommittee.

In 2015, he was elected to the Board of thenational peak body for the urban water sector,Water Services Association of Australia (WSAA),to represent the Association’s regional waterutility members. He was also appointed in 2015by the Victorian and CommonwealthGovernments to the Regional DevelopmentAustralia Committee for the Loddon MalleeRegion.

SPEAKERS

ANDREW DILLONGM Corporate Affairs

AUSNET SERVICES

ASX-listed AusNet Services is the largest energy networks business in Victoria, owning and operating $12bn of electricity and gas distribution assets, including the state-wide electricity transmission network.

Andrew Dillon heads AusNet’s Corporate Affairs group, developing energy policy strategy, government relations, media and communications in an environment where consumer and regulatory expectations are changing rapidly.

STEPHANIE BASHIR Senior Director Public Policy

AGL

Stephanie Bashir has been in the energy industry nearly 15 years with extensive experience in various operational, policy and strategy roles resulting in a proven ability to develop and execute strategies that support business and financial objectives.

Stephanie’s expertise is widely sought, participating on a number of industry and policy forums designed to reform the Australian energy future. For example, recognized and highly sought after across the industry for thought leadership and expert knowledge as input into key reforms and market design developments. This includes international and local initiatives looking at new energy technologies, policy and market structures.

LACHLAN CRESWELL Division Director

MACQUARIE CAPITAL

Lachlan Creswell is based Macquarie’sMelbourne office and is responsible forleading Macquarie Capital’s renewableenergy team in Australia. . Lachlan hasworked with Macquarie for 15 years,including previous postings in New York andMexico City where he was responsible forleading Macquarie Capital’s Latin AmericanInfrastructure Team. Lachlan has worked ona range of advisory, project finance,principal investment and equity capitalmarkets transactions, and is currentlyresponsible for advising on financing anddevelopment of more than 1,500MW ofrenewable energy transactions in Australia.Lachlan has also led a number ofinternational transactions in the renewablessector, including Santander’s formation ofCubico Sustainable Investments, a US$2billion renewables and water venture withOntario Teachers’ Pension Plan and PSPInvestments; Macquarie’s investment in a171MW run-of-river hydro project in Choco,Colombia; and the development andfinancing of a 396MW Mexican wind farmdevelopment.

ROD BOYTEDirector

SMART POWER

Rod Boyte established Smart Power Ltd inNew Zealand in August 1993 and is still aDirector of the company.

Smart Power is an independent EnergyManagement Consultancy. He has alsobeen a member of the Energy ManagementAssociation (EMANZ) since 1995 and servedon the EMANZ Management Committeefrom 1998 to 2002 (Vice Chairman in2002). During this time Rod was involved indeveloping the energy auditor’saccreditation scheme and was one of thefirst accredited to the new scheme when itbegan in 2002. Rod’s experience within theelectricity industry has lead toappointments to Working Groups where hehas represented consumers. Over the lastsix years Rod has represented consumergroups (nominated by both the ConsumersInstitute and the Major Electricity UserGroup) in the Frequency Standard WorkingGroup (FSWG), the Policy and ProcurementWorking Group (PPWG), the Profiling andReconciliation Working Group (PRWG) andthe Metering and Reconciliation WorkingGroup (MRWG).

SPEAKERS

JOHN DAYExecutive Manager Operations

NORTH EAST WATER

John has more than 25 years of experiencein Water and Wastewater operational andasset management roles, both in the waterand manufacturing industries.

As Executive Operations, John oversees thecritical functions of water and wastewatertreatment and delivery. Two otherportfolios under his control are assetmanagement and systems optimisationwhich cover the Environmental and DrinkingWater Quality Management Systems. John isthe Executive Sponsor of the Board’s Auditand Finance Committee.

Additionally, John is a former Director of theWater Industry Operators Association and isa member of the Institute of WaterAdministration and Australian WaterAssociation.

DAVID GUIVERExecutive General Manager - Trading

ERM POWER

David Guiver joined ERM Power in 2007and leads a team of energy trading andwholesale market specialists who workwith the Business Energy team to deliverelectricity to ERM Power’s rapidly growingcustomer base across commercial,industrial and SME markets. David hasover 15 years’ experience in electricitytrading and retailing. Prior to joining ERMPower he was in a number of commercialroles, including trading, productdevelopment and product management atErgon Energy. He is elected to a numberof key industry bodies, including theAustralian Securities Exchange’s EnergyProduct Advisory Committee and theAustralian Financial Markets Association’sElectricity Committee and EnvironmentalProducts Committee.

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DAVID SHAPERO Managing Director

FUTURE ENERGY

With a Masters Degree in AppliedFinance and almost 20 yearsexperience in financial and investmentmanagement, David’s shift intorenewable energy development in2003 was a radical career change. ForDavid however, the formation ofFuture Energy Pty Ltd represented theideal way to harness his financial skillsin an emerging market sector which isproving to be of critical importance inthe fight against climate change

NICK CARTER Business Management – C&I

Energy Storage

TESLA

Nick Carter has almost 20 years ofexperience working in the motor vehiclesand electricity sectors in Australia.Currently Tesla Energy Products BusinessDevelopment Manager for the commercialand industrial (C&I) sector, for large scaleenergy storage installations – includingtechno-economic analysis and salesengineering. Nick also brings these skills toundertaking technical assessments ofutility scale energy storage projects. Priorto Tesla, Nick was Mobility Technologylead and Manager of Alternative Fuels andTransport at AGL and Manager ofEnvironmental Policy at Toyota, and heldthe position of Non-Executive Director ofGas Energy Australia. Nick has a Bachelorof Engineering (Mech.), a Master ofEngineering and holds a Six Sigma inEngineering.

MARCUS BARBER Futurist

Utilising a wealth of process methods,Marcus' world class facilitation &consulting skills enable Boards, SeniorManagement teams and diversestakeholder groups to gather insightsaimed at answering a corequestion: 'What do you want to achieve,and by when?' Marcus is a StrategicFuturist and Value Systems specialist,assisting clients with strategydevelopment, strategic planning, riskassessments and innovation processes

SPEAKERS

Dr. DOUGLAS CREIGHTON Deputy Director IISRI

DEAKIN UNIVERSITY

Dr Doug Creighton is a lead researcher inthe largest research team in the field ofsimulation, optimisation and schedulingfor infrastructure, security, materialshandling and manufacturing systems inAustralia. His research focus isalgorithms and methodologies toimprove estimation and performance ofcomplex systems operating underuncertainty, variability and continuouschange. Dr Creighton is actively involvedin process simulation, empiricalmodelling, soft computing, humanmachine interface and simulation-basedoptimisation research. He has expertiseand domain knowledge in a broad rangeof industrial sectors, includingmanufacturing, logistics, airports,warehousing, energy and mining.

Satvik Gangavarapu was appointed by VicWaterin 2015 to head the Victorian Water Industry’scollaborative efforts for driving efficienciesthrough management and optimisation ofinputs. Satvik has operated in senior leadershipand management roles across Public andPrivate sectors including Power and WaterCorporation, Onesteel, and General Electric. Heis a current board member, and formerexecutive director in the Venture Capital andPrivate Equity Sector.

Satvik’s career spans Utilities, Mining,Manufacturing, Trading & Distribution,Healthcare, Biotech, Agribusiness, and ITEnabled Services. His expertise is in analysing,identifying, visualising, negotiating anddelivering complex and step change strategiesall the way from inputs to outputs. Satvik hasstudied management from Harvard BusinessSchool and ERP System from Victoria University.He is a SAP Certified Solutions Consultant and aLean Six Sigma Master Black Belt.

Satvik leads the Supply Chain ExcellenceProgram for the Victorian Water Industry. Hiswork is focused on commercial growth anddevelopment of the sector’s triple bottom lineperformance.

SATVIK GANGAVARAPUDirector Commercial & Supply Chain

VICWATER

JO HOATSON Managing Director

NATIONAL CARBON BANK OF AUSTRALIA

Managing Director and foundingshareholder of National Carbon Bankof Australia - experts in energyefficiency certificate managementand creation under the NSW EnergySavings Scheme, the VictorianEnergy Efficiency Target, and theCommonwealth Emissions ReductionFund”

SAM BUTTON Technical Director, Energy

AURECON Sam is an experienced senior executive, havingspent the bulk of his career at one of Australia’sleading integrated energy companies, mostrecently leading a team responsible for aportfolio of international joint ventures in theAPAC and South American region, along withgovernance for new investments and partneringopportunities. These covered the full range ofpower sector opportunities including fossil fuel,renewable and energy storage technologies suchas utility scale battery and pumped hydro. Sincejoining Aurecon in early 2016, Sam has helped arange of clients understand and address theirmost pressing energy issues, across the fullspectrum of the sector. This includes providingadvice to large consumers, generators andnetworks to assist in strategic planning anddevelopment, as well as transaction duediligence services for a number of clients seekingto invest in the large scale renewable sector.Sam completed both his PhD and Bachelor ofChemical Engineering at the University ofAdelaide, the former under the CRC for CleanPower from Lignite; was previously a member ofthe research advisory committee of the CO2CRC;and is a former advisory board member for theSouth Australian Centre for Geothermal EnergyResearch. Sam is also a graduate of theAustralian Institute of Company Directors.

RIC BRAZZALE Managing Director

GREEN ENERGY TRADING

Ric Brazzale has more than 30years’ experience in the energysector.

GET is one of the largestenvironmental certificatecreators in Australia and is activeacross renewable energy andenergy efficiency markets. Priorto establishing GET in 2007, Richeaded the Business Council forSustainable Energy (BCSE), nowthe Clean Energy Council, and aleading advocate for renewableenergy and energy efficiencymarkets in Australia. Before this,Ric worked in a number ofbusiness development andfinance roles with FletcherChallenge Energy, John Hollandand Woodside Petroleum.

Ric is also Director of GreenEnergy Markets and is Presidentof the REC Agents Associationand a Director of the EnergyEfficiency Certificate CreatorsAssociation.

SPEAKERS

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