AEMC Public Forum on Transmission Frameworks Review Transmission Planning - Rainer Korte

PowerPoint Presentation AEMC Public Forum on Transmission Frameworks Review Transmission Planning Rainer Korte Chairman, Regulatory Managers Group 12 December 2011 Are existing planning arrangements working as intended? • Existing arrangements are delivering… – Investment to meet customer reliability standards and connect generation – Significant commitment from TNSPs to investigate the need for m. [...] SA to Victoria interconnector) – A high degree of transparency through Annual Planning Reports, the National Transmission Network Development Plan (NTNDP) and applications of the RIT-T • Has been no need to exercise Last Resort Planning Power (LRPP) related to inter-regional transmission investment “The Commission has decided not to exercise the LRPP in 2011. [...] In making this decision, the Commission considered the response of the various JPBs to any inter-regional congestion issues or opportunities… as outlined by AEMO in the 2009 NTS and 2010 NTNDP” (AEMC Report, 3 Nov 2011) Slide 2 Potential enhancement options AEMC option for reform Grid Australia comments National framework for Implementation of AEMC Final Report transmission network reliability (Se. [...] through third party involvement) 9 Minimise transition costs • Transition (implementation) costs are an and uncertainty impacts important consideration in comparing reform options • Complexity should not be introduced to pursue incremental and/ or theoretical benefits • Uncertainty itself also imposes a cost (e.g. [...] impact on generation investment) Slide 11 Options for more significant reform – preliminary assessment Option 4 – Option 1 – Option 2 – Option 3 – Single for Enhanced Harmonised Single NEM- profit JV Assessment criteria coordination regime based wide not for planning of NTNDP and on SA profit planner/ body set up APRs arrangements procurer by TNSPs 1 Promotes efficient 3 – individual for 3.5 – ind.