INSIGHT

National Electricity and Gas rules update: May 2024

By Kate Axup, Tom St John, Emily Graham
Energy Oil & Gas

Key changes to energy rules

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of May, as well as take a closer look at the AEMC's new draft determination on improving TNSPs' cost recovery for early works.

Key takeaways

National electricity rules

  • Two new rule change requests:
    • Retailer reliability obligation exemption for scheduled bi-directional units.
    • Bringing early works forward to improve transmission planning.
  • Two new draft determinations:
    • Bringing early works forward to improve transmission planning.
    • Managing ISP project uncertainty through targeted ex post reviews.
  • Two completed rule changes:
    • Expanding the transmission ring-fencing framework.
    • Minor changes 1 2024.

National energy retail rules

  • One completed rule changes:
    • Minor changes 1 2024.

National gas rules

  • One completed rule changes:
    • Minor changes 1 2024.

Opportunities for stakeholders

  • Due by 20 June 2024:
    • Managing ISP project uncertainty through targeted ex post reviews.
  • Due by 4 July 2024:
    • RRO exemption for bi-directional units.
    • Bringing early works forward to improve transmission planning.

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