| Milestone | Date |
|---|---|
| Feedback loop assessment requirements met | 26 November 2020 |
| Contingent project application submitted | 27 November 2020 |
| Submissions on TransGrid's application due | 21 December 2020 |
| Final Decision | 13 April 2021 |
Indicative timetable
Application
On 27 November 2020, TransGrid submitted an application to the AER to amend its revenue determination in accordance with clause 6A.8.2 and clause 11.114.3 of the NER to account for the costs of delivering the Victoria to New South Wales (NSW) Interconnector Minor Upgrade Project (VNI).
VNI is defined in the National Electricity Rules (NER) as a priority project for early implementation. The VNI is a joint TransGrid and Australian Energy Market Operator (AEMO) project, which increases the transfer capacity of the existing interconnector between Victoria and NSW by approximately 170 MW during peak demand conditions in NSW.
This application has been lodged in accordance with clause 5.16A.5 consistent with the new ISP provisions in the NER which have been introduced to action the ISP.
TransGrid - Contingent Project Application - VNI Minor Upgrade - 27 November 2020
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Supporting information
TransGrid - VNI Contingent Project - AEMO ISP Feedback Loop Notice - VNI Minor - 24 November 2020
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TransGrid - VNI Contingent Project - AEMO Letter to TransGrid - Feedback Loop Confirmation - 26 November 2020
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TransGrid - VNI Contingent Project - Capex Forecast Inputs - November 2020
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TransGrid - VNI Contingent Project - Capex Methodology - November 2020
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TransGrid - VNI Contingent Project - Capex Model - November 2020
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TransGrid - VNI Contingent Project - Confidentiality Claims - November 2020
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TransGrid - VNI Contingent Project - GHD - VNI Independent Verification and Assessment - 27 October 2020
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TransGrid - VNI Contingent Project - HoustonKemp Economic Verification - 28 October 2020
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TransGrid - VNI Contingent Project - Labour and Indirect Costs Forecast - November 2020
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TransGrid - VNI Contingent Project - Labour and Overhead Costs spreadsheet - November 2020
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TransGrid - VNI Contingent Project - Letter to AEMO for ISP Feedback loop confirmation - 26 October 2020
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TransGrid - VNI Contingent Project - Opex Forecasting Methodology - November 2020
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TransGrid - VNI Contingent Project - Opex Model - November 2020
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TransGrid - VNI Contingent Project - Post-tax Revenue Model - Base Model - November 2020
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TransGrid - VNI Contingent Project - Post-tax Revenue Model - Financeability Rule Change - November 2020
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Submissions
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We invited energy consumers and other interested parties to make submissions on TransGrid's contingent project application by close of business 21 December 2020.
PIAC - Letter on Minor VNI Contingent Project - 20 December 2020
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ERM Power - VNI Minor upgrade TransGrid Contingent Project Application - 21 December 2020
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Major Energy Users - VNI Minor Contingent Project Application - 21 December 2020
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