PIAC responded to the Australian Energy Market Commission’s (AEMC) interim report on the Coordination of Generation and Transmission Investment process.
We recommend developing a planning and investment framework that delivers efficiency for strategic, whole-of-system investments to ensure the transformation to low-cost and zero-emissions sector is delivered in a timely and cost-effective manner.
We provide comment on the proposed introduction of Locational Marginal Pricing, which we consider has benefit but is not appropriate for non-scheduled loads and generators, and Financial Transmission Rights, which we do not consider have clear benefits.
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