On 30 September 2020, ElectraNet and TransGrid submitted final contingent project applications to the AER seeking increases to their allowed revenue in accordance with clause 6A.8.2 of the NER to fund the construction of the South Australia (SA) to New South Wales (NSW) interconnector (Project EnergyConnect).
On 24 November 2020, ElectraNet submitted an update to its contingent project application after reaching agreement with the South Australian Government to undertake a range of early works in order to advance the delivery schedule of the project by 9 months.
Project EnergyConnect involves the construction of a new 860 km 330 kV interconnector between Robertstown in mid-north SA and Wagga Wagga NSW, with an augmentation between Buronga and Red Cliffs in north-western Victoria. This project relates to the preferred network investment option identified through ElectraNet’s South Australian Energy Transformation Regulatory Investment Test for Transmission (RIT-T).
We received two separate applications that together cover the total cost of the project:
- TransGrid’s application relates to the NSW component of the interconnector and the revenues it seeks to recover from customers in NSW.
- ElectraNet’s application relates to the SA component of the interconnector and the revenues it seeks to recover from customers in SA.
The AER is required to make a determination on these contingent project applications under clause 6A.8.2 of the NER.