Overview

Draft decision - regulatory test

The ACCC released two papers for consultation with interested parties about the framework for transmission investment and expansion in the NEM.  

Draft decision regulatory test - 10 March 2004

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AER
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Supplementary paper Capex framework - 10 March 2004

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AER
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Stakeholder forum - Review of draft regulatory principles - workshop presentations

On 2 April 2004 the ACCC held a workshop which discussed the issues canvassed in the review of the draft regulatory principles - discussion paper.

Asset base - ElectraNet

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ElectraNet
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Asset base roll forward or re-valuation - Dr Darryl Biggar

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Dr Darryl Biggar
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Asset Base Roll Forward Principles - Dr Darryl Biggar

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Dr Darryl Biggar
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Benchmarking and efficiency mechanisms - Transend

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Transend Networks Pty Ltd (Transend)
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Fostering a stable investment environment - TransGrid

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Transgrid
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Incentive mechanism and benchmarking - Dr Darryl Biggar

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Dr Darryl Biggar
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Incentive mechanisms and benchmarking - SPI PowerNet

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SPI Powernet
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Incentive regulation and carry-overs - Dr Darryl Biggar

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Dr Darryl Biggar
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New investment - EUAA

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Energy Users Association of Australia (EUAA)
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New investment - VENCorp

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VENCorp
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Bruce Mountain - Reform of capital expenditure regulation presentation

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Bruce Mountain
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The merchant investors' perspective - TXU

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TXU
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Transmission investment - Powerlink

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Powerlink Queensland
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WACC Australian consumers' dilemma - Dr Jeff Washusen

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Dr Jeff Washusen
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Professor Kevin Davis - WACC sanity check

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Kevin Davis
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Discussion paper - Revised draft statement of regulatory principles (DRP)

In August 2003 the ACCC issued a discussion paper seeking comments on the DRP released in May 1999. The ACCC subsequently issued the:

  • Draft statement of principles for the regulation of electricity transmission revenues - background paper (draft background paper)
  • Draft statement of principles for the regulation of electricity transmission revenues (draft SRP). This document is a consolidated version of the revised regulatory principles set out at the end of each chapter of the draft background paper.

The ACCC, through its review of the DRP, took measures to increase certainty of investment for transmission networks through its decisions on:

  • the value of the asset base
  • the capital expenditure (capex) framework
  • weighted average cost of capital (WACC).

Draft background paper - 18 August 2004

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AER
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Draft SRP - 18 August 2004

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AER
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Submissions - to revised draft statement of principles

Submissions closed 22 October 2004

Late submissions

EA submission on draft statement of regulatory principles - 29 October 2004

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EnergyAustralia
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EA Attachment 1 - incentivisation of excluded projects

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EnergyAustralia
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EA Attachment 2- investment governance framework

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EnergyAustralia
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Powerlink submission on draft statement of regulatory principles - November 2004

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Powerlink Queensland
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Transend submission on draft statement of regulatory principles - November 2004

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Transend Networks Pty Ltd (Transend)
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TransGrid letter - pass through changes

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Transgrid
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TransGrid Letter on efficiency allocation

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Transgrid
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TransGrid report - allocation of efficiency gains

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Transgrid
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TransGrid report - efficiency carryover mechanism (September 2004)

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Transgrid
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