Joint Submission: Transmission Planning Investment Review Consultation Paper (Chapter Five)
Emily Wood | September 30, 2021
‘Submission on Chapter 5 – Material Change in Network Infrastructure Project Costs Rule Change Request
This is a joint submissions from the proponents of the rule change – Energy Users’ Association of Australia (EUAA), Major Energy Users (MEU), ERM Power (now Shell Energy), Delta Electricity and AGL – to support the rule change.
The driver for our rule change was the significant increase in capital costs for Project Energy Connect (PEC) and the Eyre Peninsula upgrade transmission projects following the completion of their Project Assessment and Conclusions Report (PACR) stage and AER’s approval of the preferred option based on the PACR costs, both of which occurred before the TNSP’s Contingent Project Application (CAP) to the AER for much higher costs. Robust capital cost estimates are essential for a properly functioning costs benefit analysis in the RiT-T and CBA processes….’
Please download attached to read full submission.
