CRP0141 – Braemar Power Project Pty Ltd compensation claim
Status of compensation claim: Formal assessment has commenced
On 21 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 Braemar Power Project Pty Ltd following the application of the administered price cap during an administered price period in Queensland, New South Wales and Victoria between 12 June 2022 and 15 June 2022.
Braemar Power Project Pty Ltd is claiming compensation for direct costs only incurred in operating Braemar Power Station units 2 and 3 during the administered price period.
Braemar Power Project Pty Ltd provided information in support of its claim on 3 August 2022 and 6 September 2022.
Commencement of formal assessment
On 27 October 2022, the AEMC commenced formal assessment of the direct cost claim made by Braemar Power Project 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 Braemar Power Project Pty Ltd’s direct cost claim until 23 March 2023 to address the complexity of the claim. The statutory notice of extension is published below.
|Formal commencement of statutory claim - Braemar Power Project Pty Ltd||2022-10-27||Formal commencement|
|Notice of extension - Braemar Power Project Pty Ltd||2022-12-22||Formal commencement|