In January 2020, the Australian Energy Regulator (AER) approved the Regulatory Investment Test for Transmission, known as a RIT-T for the Project. This test is a rigorous cost benefit analysis overseen by the AER.
“With ElectraNet, TransGrid is committed to delivering the project at the lowest possible cost with the greatest benefit to energy consumers,” said CEO Paul Italiano.
The AER has commenced public consultation on contingent project applications received from ElectraNet and TransGrid for Project EnergyConnect. Submissions are invited on the contingent project applications for Project EnergyConnect by 30 October 2020.
Visit the AER website for further details on submissions.