The Australian Energy Market Commission (AEMC) have proposed a new access model which would significantly reform the National Electricity Market rules.
The AEMC draft proposal, called the Coordination of Generation and Transmission Investment (COGATI), was presented to the COAG Energy Council at the last meeting held in November 2019, with the council directing the AEMC to further consult with industry before the council is expected to vote on the reform in March 2020.
The AEMC has consulted with the CEC and our members various times over recent months and we still have serious concerns about the proposed model.
The Clean Energy Council, in consultation with our members, is opposed to this model for its complexity and subsequent failure to address the pressing need to increase transmission capacity and alleviate congestion. The proposed new rules will also have an associated flow-on cost to consumers, as well as, add to increasing investment uncertainty due to the unnecessary complexity of the model at a time when investment is urgently needed to ensure reliability going forward.
Read our detailed discussion of COGATI.