EUAA Submission: AEMO Project Energy Connect Implementation Directions Paper
Emily Wood | December 1, 2023
‘…This short submission supports the submission made by Shell Energy on this matter. EUAA agrees with the arguments put forth by Shell Energy. EUAA would like to emphasise the following points:
• The EUAA is aware that the building of PEC will already impact customer’s bills through increased TUOS in NSW and SA.
• The integration of PEC into the NEM will impact consumers both directly (changes to spot-price outcomes) and indirectly (changes to wholesale market risk premiums and further increases to TUOS charges through the Settlement Residue Auctions (SRA)).
• EUAA is concerned that AEMO have not considered all the costs and risks that will be passed through to consumers if the preferred approach is adopted.
• EUAA Strongly recommends that AEMO undertake the following actions before deciding on the preferred approach to implementing PEC in the most efficient and least distortionary way possible: …’
Please download attachment to read full submission.