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 Decision Regulation Impact Statement – Australian Energy Market Commission
On 24 October 2019, the Australian Energy Market Commission (AEMC) released a final rule determination for the National Electricity Amendment (Transparency of New Projects) Rule 2019 to improve the transparency of new generation projects in the National Electricity Market. The final determination also allows the Australian Energy Market Operator (AEMO) to provide certain information to developers to help with building grid scale resources, such as a generating system. The AEMC has also released the corresponding National Electricity Amendment (Transparency of New Projects) Rule 2019 No.8.
The final rule will:
- Facilitate 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 final rule will also make more information about new generation projects more readily available.
- Codify the AEMO’s generation 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 of generating plant to the national grid.
- Require Transmission Network Service Providers to share key connection information about new generation projects with AEMO. AEMO must then publish this data on the generation information page, increasing the visibility of proposed connections which may facilitate greater coordination between connecting parties.
The final rule determination has been assessed by the Office of Best Practice Regulation as compliant with requirements for a Council of Australian Governments Decision RIS.
Please note: the rule determination is web accessible in PDF only and any accessibility queries should be directed to the Australian Energy Market Commission.