EUAA Submission: Transmission STPIS Review- MIC & NCC
Emily Wood | April 5, 2024
‘… Thank you for the opportunity to make a submission for the Issues Paper: Transmission Service Target Performance Incentive Scheme (STPIS) Review: Market Impact Component (MIC) and Network Capability Component (NCC). The MIC was designed to incentivise TNSPs to undertake outages when they have little to no impact on wholesale market prices (i.e. avoid planned outages when demand is high) and the NCC was designed to provide incentives to maximise the capability of the existing network through low-cost options. The EUAA recognises that these are just two of the STPIS incentives, however that neither of these incentives is currently working undermines the effectiveness of the STPIS and could lead to higher costs in these two areas, which will lead to higher costs for consumers….’
Please download attached document to read full submission.