On 27 May 2023, AEMO Victoria Planning (AVP) and Transgrid published their Project Assessment Conclusions Report (PACR) for the Regulatory Investment Test for Transmission (RIT-T) process for the Victoria to New South Wales Interconnector (VNI-West), which included Appendix A1 for the purpose of their compliance report.
On 23 June 2023, AVP and Transgrid submitted a further compliance report for this process. This compliance report responds to matters raised on the AER compliance issues register.
The AER's cost benefit analysis guidelines require RIT–T proponents to provide the AER with a compliance report when applying the RIT–T to a project identified as actionable in AEMO's Integrated System Plan, which must be submitted no later than 20 business days after the publication of the PACR. In their compliance report, RIT-T proponents are required to identify where they:
- have complied with applicable requirements;
- have had regard to applicable considerations (including the reasons for the weight they have attached to each consideration); and
- have resolved key issues raised by the AER through the issues register.
RIT–T proponents are required to identify breaches of the cost benefit analysis guidelines, if any, in their compliance reports and provide an explanation for the breach.