COAG Consultation Regulation Impact Statement – Australian Energy Market Commission
On 26 November 2020, the Australian Energy Market Commission (AEMC) released the draft rule determination and draft rule titled National Electricity Amendment (Connection to Dedicated Connection Assets) Rule 2020.
The draft rule would amend the National Electricity Rules to create a new framework for ‘designated network assets’. This framework would replace the current arrangements for large dedicated connection assets.
The AEMC believes that the draft rule would better contribute to the achievement of the National Electricity Objective by allowing for the more effective management of power system security and better facilitating the sharing of parts of the transmission system funded by connecting parties, while maintaining the incentives to invest.
The draft determination and draft rule have been released for consultation and submissions from interested parties will be accepted by the AEMC until 28 January 2021. Any person or body may request that the Commission hold a hearing in relation to the draft rule determination. Any request for a hearing must be made in writing and must be received by the Commission no later than 3 December 2020.
Submissions and requests for a hearing should quote project number ERC0294 and may be lodged online at www.aemc.gov.au.
The National Electricity Amendment (Connection to Dedicated Connection Assets) Rule 2020 has been assessed by the Office of Best Practice Regulation as compliant with requirements for a Council of Australian Governments Consultation RIS.
Please note: any accessibility queries should be directed to the Australian Energy Market Commission