The AEMC has published an Issues Paper for public consultation to commence the Review of the national framework for transmission reliability, following a request from the Standing Council on Energy and Resources (SCER).
Currently transmission reliability is regulated differently in each jurisdiction. Our advice to SCER will set out a model for delivering transmission reliability that can be adopted in all jurisdictions in the National Electricity Market.
The adoption of a national framework would require changes to the way transmission reliability is currently regulated and delivered. It could also have implications for the way that revenue for transmission businesses is determined and the institutional arrangements that are in place.
Under SCER’s terms of reference, transmission reliability standards under the national framework would need to take account of the trade-off between the costs of investing in and maintaining transmission networks and the value placed on reliability by customers.Stakeholders are invited to provide submissions on the Issues Paper by Friday, 3 May 2013.