Overview

Type
Sector
Electricity
Segment
Transmission
Region
Interconnector
Queensland
New South Wales
Australian Capital Territory
Victoria
South Australia
Tasmania
Status
Historical
Date initiated
Effective date
Date completed
Categories
Service target performance incentive scheme
AER reference
54673

On 17 September 2014 the Australian Energy Regulator (AER) made its final decision to amend the service target performance incentive scheme (STPIS) for transmission network service providers (TNSPs).

The AER creates, administers and maintains the STPIS in accordance with the requirements of the National Electricity Rules (Electricity Rules). The purpose of the STPIS is to provide incentives to TNSPs to improve or maintain a high level of service for the benefit of participants in the National Electricity Market (NEM) and end users of electricity.

From 1 July 2015, Directlink will be subject to the service and market impact components of the STPIS. This is the first time Directlink will be assessed under the STPIS, as it is currently assessed under the ACCC service standards guidelines for the 2006–2015 regulatory period.

The AER reviewed the applicability of Version 4 of the STPIS to Directlink, particularly in light of exceptional outages of its equipment in 2012. Consequently the AER recognised that an amendment to the scheme was warranted to specifically address the Directlink situation.  Directlink was the only respondent to the AER’s consultation on the proposed amendment. Directlink was supportive of the change.

The changes made to STPIS version 4 (December 2012) to create this version (version 4.1) relate only to Directlink, and do not affect other TNSPs.

February 2016 update - Decision on Directlink fire excluded period

On 1 February 2016 the AER made a decision regarding the return to normal service date for Directlink under clause 4.2(f) of STPIS version 4.1.

Key Documents

AER Final Decision - Service target performance incentive scheme - version 4.1 - September 2014 View details

Final Decision - service target performance incentive scheme version 4.1 - explanatory statement_0.DOCX
DOCX (146.72KB)
Final Decision - service target performance incentive scheme version 4.1 - explanatory statement_0.pdf
PDF (377.82KB)
Authors
AER
Content type
Document

AER - Service Target Performance Incentive Scheme - version 4.1 - September 2014 View details

Service target performance incentive scheme - version 4.1_1.DOCX
DOCX (300.53KB)
Service target performance incentive scheme - version 4.1_1.pdf
PDF (890.21KB)
Authors
AER
Content type
Document

AER letter to Energy Infrastructure Investments - Directlink Mullumbimby system 1 return to service 1 February 2016 View details

AER letter to Energy Infrastructure Investments - Directlink Mullumbimby system 1 return to service 1 February 2016.DOCX
DOCX (66.95KB)
AER letter to Energy Infrastructure Investments - Directlink Mullumbimby system 1 return to service 1 February 2016.pdf
PDF (58.96KB)
Authors
AER
Content type
Document

Documents

Submissions

Authors
Directlink
Content type
Document