The ACCC released two papers for consultation with interested parties about the framework for transmission investment and expansion in the NEM.
Draft decision - regulatory test
Supplementary paper Capex framework - 10 March 2004
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Stakeholder forum - Review of draft regulatory principles - workshop presentations
On 2 April 2004 the ACCC held a workshop which discussed the issues canvassed in the review of the draft regulatory principles - discussion paper.
Asset base roll forward or re-valuation - Dr Darryl Biggar
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Asset Base Roll Forward Principles - Dr Darryl Biggar
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Fostering a stable investment environment - TransGrid
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Incentive mechanism and benchmarking - Dr Darryl Biggar
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Incentive regulation and carry-overs - Dr Darryl Biggar
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Bruce Mountain - Reform of capital expenditure regulation presentation
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WACC Australian consumers' dilemma - Dr Jeff Washusen
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Discussion paper - Revised draft statement of regulatory principles (DRP)
In August 2003 the ACCC issued a discussion paper seeking comments on the DRP released in May 1999. The ACCC subsequently issued the:
- Draft statement of principles for the regulation of electricity transmission revenues - background paper (draft background paper)
- Draft statement of principles for the regulation of electricity transmission revenues (draft SRP). This document is a consolidated version of the revised regulatory principles set out at the end of each chapter of the draft background paper.
The ACCC, through its review of the DRP, took measures to increase certainty of investment for transmission networks through its decisions on:
- the value of the asset base
- the capital expenditure (capex) framework
- weighted average cost of capital (WACC).
Submissions - to revised draft statement of principles
Submissions closed 22 October 2004
ElectraNet submission on draft statement of regulatory principles - August 2004
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Origin submission on draft statement of regulatory principles -22 October 2004
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TXU submission on draft statement of regulatory principles - 22 November 2004
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Late submissions
AGL - submission on draft statement of regulatory principles - 29 October 2004
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EA cover letter to submission on draft statement of regulatory principles - 29 October 2004
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EA submission on draft statement of regulatory principles - 29 October 2004
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EA Attachment 1 - incentivisation of excluded projects
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EUAA submission on draft statement of regulatory principles - 4 November 2004
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Powerlink submission on draft statement of regulatory principles - November 2004
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Transend submission on draft statement of regulatory principles - November 2004
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Transend supplementary submission - excluded services on draft statement of regulatory principles - November 2004
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TransGrid cover letter to submission on draft statement of regulatory principles - November 2004
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TransGrid report - efficiency carryover mechanism (September 2004)
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VENCorp cover letter to submission on draft statement of regulatory principles - 3 November 2004
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VENCorp submission on draft statement of regulatory principles - 3 November 2004
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