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 April 2017 the AEMC published a draft stage 1 report on the drivers of change that impact transmission frameworks. This report is the first publication in a biennial reporting regime, requested by the COAG Energy Council (Energy Council).

In April 2017 the AEMC published a draft stage 1 report on the drivers of change that impact transmission frameworks.  This report is the first publication in a biennial reporting regime, requested by the COAG Energy Council (Energy Council).

The draft stage 1 report is the first of two publications in stage 1 of the reporting. It presents the Commission's draft analysis on the drivers of investment in transmission and generation.

The Commission welcomes stakeholder submissions on the analysis presented in the draft stage 1 report.  Stakeholder submissions will be a key input into the final stage one report, which will be published later in 2017.

The final stage 1 report will comprise the Commission's final analysis of the drivers of change in transmission and generation investment. The focus of the analysis will be on how any identified changes in the drivers of transmission and generation investment would impact on the level, location and technology of any new generation or transmission investment.

A decision on whether stage 2 reporting is required will be made in the final stage 1 report.

Background
In February 2016, the Energy Council provided the AEMC with terms of reference for a biennial regime to report on a series of drivers that could impact on future transmission and generation investment.

In July 2016, the Commission published 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. At that time we proposed to commence the reporting in January 2017, with the final stage 1 report to be published in mid 2017. Therefore, the 2017 review is the first time this reporting regime is to be undertaken by the AEMC.

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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