PIAC made a submission to The Energy Corporation of NSW (EnergyCo) Central-West Orana (CWO) Renewable Energy Zone (REZ) August 2023 project update.
PIAC broadly supports the intent of increasing the capacity of the CWO REZ to six gigawatts. However, we are concerned that existing issues with the recovery of REZ costs may be further exacerbated by this change.
It is not fair or efficient for consumers to carry the full cost for assets in REZs. Generators, who are the immediate beneficiaries and who are best placed to make decisions impacting whether or not an asset is efficiently utilised, should contribute more significantly.