CRP0129 - Smithfield Power Generation Pty Ltd compensation claim

CRP0129 - Smithfield Power Generation Pty Ltd compensation claim

Status of compensation claim: Formal assessment has commenced 

Overview 

On 17 June 2022, the Australian Energy Market Commission (AEMC) received notification of a claim for compensation under clause 3.14.6 of the National Electricity Rules (NER) from Smithfield Power Generation following the application of the administered price cap during an administered price period in Queensland and New South Wales between 12 June 2022 and 15 June 2022.  

Smithfield Power Generation is claiming compensation for direct costs only, incurred in operating Smithfield Power Station during the administered price period. 

Smithfield Power Generation provided information in support of its claim on 1 August 2022. 

Commencement of formal assessment 

On 8 September 2022, the AEMC commenced formal assessment of the direct cost claim made by Smithfield Power Generation Pty Ltd under clause 3.14.6(k) of the NER.  Under the NER, the AEMC has 45 business days to make a final decision in relation to this claim.  The statutory notice of commencement is published below.  

The AEMC has extended the timeframe for making a final decision on Smithfield Power Generation's direct cost claim until 8 December 2022 because of a material change in circumstances. The statutory notice of extension is published below.

Title Date
Formal commencement of statutory claim - Smithfield Power Generation Pty Ltd 2022-09-08
Notice of extension - Smithfield Power Generation Pty Ltd 2022-11-10
Notice of extension 2 - Smithfield Power Generation Pty Ltd 2022-11-17
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