Market Reviews: Open

Reporting on drivers of change that impact transmission frameworks

Reference:
EPR0052
Reviewed by:
AEMC
Initiated by:
COAG Energy Council
Date initiated:
18-Jul-2016
Project Leader:
Therese Grace
Overview

In February 2016, the COAG Energy Council (Energy Council) wrote to the AEMC stating that it supported the AEMC’s recommendations in the final report for the Optional Firm Access, Design and Testing review to implement a biennial regime to report on a series of drivers that could impact on future transmission and generation investment.

In February 2016, the COAG Energy Council (Energy Council) wrote to the AEMC stating that it supported the AEMC’s recommendations in the final report for the Optional Firm Access, Design and Testing review to implement a biennial regime to report on a series of drivers that could impact on future transmission and generation investment.

The Energy Council therefore directed the AEMC to implement a biennial reporting regime in accordance with the terms of reference attached, and under section 41 of the National Electricity Law.

In response to this terms of reference, the Commission has prepared a Statement of Approach for stakeholder information, which sets out our proposed methodology and approach to consultation that we will adopt in conducting this biennial reporting. This can be found below.

As set out in the terms of reference, we must publish the Stage 1 report at least every two years. We therefore propose to commence the reporting in January 2017, with the final Stage 1 report to be published by June 2017.

The reporting will then proceed on the basis set out in the terms of reference.

We note that after six years we will review the effectiveness of the reporting, and make a recommendation to the Energy Council as to whether or not the reporting should continue.

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