PIAC responded to the Australian Energy Market Operator’s (AEMO) request for T-3 reliability instrument request for NSW in 2023-24.
PIAC does not support AEMO’s request as we do not consider a robust case has been made that a reliability shortfall is likely to occur. Granting a T-3 reliability instrument without this case being made risks disrupting the market and ultimately placing unnecessary costs on consumers.
PIAC considers changes between AEMO’s publication of the Electricity Statement of Opportunities (ESOO) and submitting its request would reduce the likelihood of a reliability shortfall occurring. PIAC also does not consider transmission and Demand Side Participation have been properly accounted for.
