Regulation Impact Statement Updates
Official website for publishing regulatory impact analysis information for regulatory decisions announced by the Australian Government, COAG and COAG Councils.
Transparency of new projects
COAG Consultation Regulation Impact Statement – Australian Energy Market Commission
On 1 August 2019, the Australian Energy Market Commission (AEMC) released the draft rule determination for the National Electricity Amendment (Transparency of New Projects) Rule 2019 (draft determination) to improve the transparency of new generation projects in the National Electricity Market (NEM). The AEMC has also released the corresponding Draft National Electricity Amendment (Transparency of New Projects) Rule 2019 for consultation.
The Commission's draft rule:
- Facilitates greater access to relevant system information for developers that sell grid-scale assets prior to connection, while recognising that existing National Electricity Rules (NER) arrangements already enable certain types of developers, to register as intending participants and, as a result, access information available to registered participants. The draft rule will also make more information about new projects more readily available.
- Codifies the Australian Energy Market Operator’s (AEMO) generator information page in the NER, which is an information resource that will provide a source of regularly updated data for registered participants and other interested persons on existing and proposed connections to the national grid.
- Requires Transmission Network Service Providers to share key connection information about new projects with AEMO. AEMO must then publish this data on the generator information page, increasing the visibility of proposed connections which may facilitate greater coordination between connecting parties.
The draft determination has been assessed by the Office of Best Practice Regulation as compliant with requirements for a Council of Australian Governments Consultation RIS.
Submissions are invited by close of business, 12 September 2019. More information on the consultation process, including how to make a submission, can be found here.
Please note: the draft determination is web accessible in PDF only and any accessibility queries should be directed to the Australian Energy Market Commission.