AEMC rule change – Financeability of ISP projects

Draft determination (2021)

On 4 February 2021 the AEMC published its draft determinations to not make the financeability rule change proposals by TransGrid and ElectraNet, and not make alternative preferable rules.

The AER provided a submission to the AEMC's draft determinations on 5 March 2021.

AER submission – Draft determination on the TransGrid and ElectraNet participant derogations – Financeability of ISP projects - 5 March 2021 ( PDF 301.77 KB )

More information can be found on the AEMC website; Participant derogation – financeability of ISP projects rule change.

Consultation paper (2020)

On 1 October 2020 the AEMC received a rule change request in the form of a participant derogation from TransGrid, to amend the National Electricity Rules.

On 23 October 2020, the AEMC received a further rule change request from ElectraNet, also as a participant derogation, seeking similar amendments to the National Electricity Rules as TransGrid.

The rule change proposals seek to address issues TransGrid and ElectraNet have identified in securing financing for their respective Integrated System Plan (ISP) projects.

On 5 November 2020 the AEMC published a joint consultation paper for the rule change requests. The AER provided a submission to the AEMC on this consultation paper on 3 December 2020.

AER submission – Consultation on the TransGrid and ElectraNet participant derogations – Financeability of ISP projects - 3 December 2020 ( PDF 869.17 KB )