The AER has published its review of TransGrid's performance against its transmission service target performance incentive scheme for the 2015 calendar year.
In the letter of 21 April 2016 (available below), we set out that TransGrid's market impact component (MIC) count for 2015 was 1789 dispatch intervals. This was a transcription error, but this does not affect the 2015 financial performance measure for the MIC, which is still 0 per cent. However, it affects the calculation of the performance target for 2016, which is average of 2014 and 2015 performance count. The recalculated 2016 performance target is 891 dispatch intervals.