To support broader discussions around network resilience, the AER has published a note to assist electricity networks, consumer groups and advocates understand how resilience-related funding would be treated under the National Electricity Rules.
The impact of extreme weather-related events and the future impacts of climate change on electricity network performance are important and complex issues.
The guidance note reflects the AER’s current thinking on how we intend to regulate electricity networks in the context of climate change and the uncertainty that this creates for the electricity networks and consumers.
The AER will work with stakeholders as we head into regulatory revenue determinations to ensure we are responsive to the needs and preferences of consumers.