On 30 March 2011, SP AusNet submitted a proposal for the early application of the market impact component of the electricity transmission service target performance incentive scheme (7 March 2008) (the scheme).
On 6 April 2011, SP AusNet submitted an amendment to the proposal for the early application of the scheme.
The market impact component of the scheme aims to provide incentives to transmission network service providers to minimise the number and duration of network outages which affect price outcomes in the electricity spot market. SP AusNet seeks have the scheme apply from 1 August 2011.
SP AusNet’s proposal (including the amendment) and other relevant information can be found on the AER’s website.
Interested parties are invited to make submissions on SP AusNet’s proposal by 3 May 2011.
Written submissions can be sent electronically to AERInquiry@aer.gov.au.
Alternatively, submissions can be mailed to:
Australian Energy Regulator
GPO Box 520
MELBOURNE VIC 3001
To facilitate an informed, transparent and robust consultation process, the AER prefers that all submissions be in an electronic format and publicly available. Accordingly, submissions will be treated as public documents and posted on the AER’s website, except and unless prior arrangements are made with the AER to treat the submission, or portions of it, as confidential.
For further information please see the ACCC-AER information policy (23 October 2008). A free electronic copy is available at the ACCC website.