On 3 March 2022, Marinus Link Pty Ltd submitted a rule change request to the Australian Energy Market Commission (AEMC) seeking to enable the AER to establish a revenue determination for an intending Transmission Network Service Provider (TNSP). An intending TNSP is a party that intends to provide prescribed transmission services but does not currently do so, and who is registered by the Australian Energy Market Operator as an Intending Participant under Chapter 2 of the National Electricity Rules.
Consultation paper
On 5 May 2022, the AEMC published a consultation paper on the rule change request from Marinus Link Pty Ltd.
The AER made a submission on the consultation paper on 2 June 2022.
AER submission - Establishing revenue determinations for intending TNSPs
Draft determination
On 4 August 2022, the AEMC published a draft determination and a more preferable draft rule that clarifies both the ability of the Australian Energy Regulator (AER) to establish a revenue determination for an Intending Transmission Network Service Provider (TNSP) and the process for doing so.
Under the draft rule, an Intending TNSP is defined as a registered participant who intends to provide prescribed transmission services. This includes both:
- a person registered as an Intending Participant intending to construct a new regulated transmission project, and
- any existing Market Network Service Provider (MNSP) that intends to re-classify its network services as prescribed transmission services to become a TNSP.
The AER made a submission on the draft rule determination on 22 September 2022.
AER submission - Establishing revenue determinations for intending TNSPs - 22 September 2022
More information on the Establishing revenue determinations for intending TNSPs can be found on the AEMC's website.