PIAC made a submission to the Australian Energy Market Commission’s (AEMC) Transmission Planning and Investment Review – Contestability Options Paper.
In this submission we noted that if appropriately implemented, contestability could provide a proportionate response to the risk of late or non-delivery of major transmission projects. Increased contestability in the provision of certain transmission activities could provide an avenue to more equitably share the costs and risks associated with the delivery of these projects.
PIAC outlined its proposal for a contestability model that supports the timely and efficient delivery of major transmission projects and ensures investments are in the long-term interests of consumers.