EUAA Submission: AEMC Early Application of a Revised Transmission Service Target Performance Incentive Scheme Draft Determination
Emily Wood | April 2, 2026
AER is changing the STPIS to be more relevant to the current point in the energy transition, however, they also want an enduring power to make changes to the STPIS and decide themselves when and how they will apply to TNSPs without requesting a rule change from AEMC. This bares the risk of circumventing the current governance of rule changes that requires AEMC consultation.
‘…At the EUAA, we support the design of rules, legislation and procedures that achieve efficient, cost effective and equitable outcomes for networks, developers and consumers. In the energy sector under most circumstances, this is best achieved through a national approach and a sharp focus on the NEO.
From that perspective, we support AEMC’s Draft Determination for immediate application of STPIS Version 6 to:
• Disapply the market impact component (MIC) for TNSP performance from 1 January 2026 and
• Amend the target for the loss of supply frequency parameter under the service component (SC) for TNSP performance from 1 July 2026.
However, we do not support AEMC’s Draft Determination that would create an enduring ability for the AER to immediately apply future versions of the STPIS after consultation. We see this as a delegation of AEMC’s decision-making powers to the AER….’
Please download attached document to read our full submission.
