Eastern Victoria Grid Reinforcement
Strategic planning of our power system is crucial to making smart, informed decisions in the long-term interests of Australian energy consumers. AEMO Victorian Planning (AVP) is undertaking this Eastern Victoria Grid Reinforcement regulatory investment test for transmission (RIT-T) to assess the technical and economic benefit of credible options to maintain reliable and secure supply to the eastern metropolitan Melbourne area.
The RIT-T process is a regulatory mechanism that applies an economic cost-benefit test to identify the preferred investment to meet an identified need.
When not an actionable Integrated System Plan (ISP) project, the RIT-T process requires the RIT-T proponent considering an investment to publish three reports:
1. The Project Specification Consultation Report (PSCR) seeks feedback and advice on the identified need to invest and credible options to be assessed.
2. The Project Assessment Draft Report (PADR) identifies and seeks feedback on the assessment approach and proposed preferred option, considering submissions to the PSCR consultation process.
3. The Project Assessment Conclusions Report (PACR) presents the RIT-T proponent’s preferred solution, considering submissions to the PADR, which is the credible option that maximises the present value of net economic benefit to all those who produce, consume and transport electricity in the National Electricity Market.
Project Specification Consultation Report
AVP published the PSCR for this Eastern Victoria Grid Reinforcement RIT-T in November 2024, which represents step one of the public consultation process for this RIT-T.
The PSCR seeks feedback and advice on the identified need to invest and credible options to be assessed.
Upcoming Webinar on the Eastern Victoria Grid Reinforcement PSCR 28th November 2024
AVP is pleased to invite you to a webinar where we will provide an overview of key elements of the PSCR and the opportunity for you to ask questions.
The webinar will be held on Thursday 28th November 2024 from 2:00 pm – 3:00 pm AEDT.
Please register your interest to attend the webinar, along with any questions you would like covered in the session, by emailing AVP_RIT-T@aemo.com.au.
Submissions welcome
AVP welcomes written submissions on this PSCR, particularly from potential proponents of non-network options. All feedback will be considered and will help refine the proposed preferred option to be published in the PADR.
Submissions should be emailed to AVP_RIT-T@aemo.com.au with the subject title ‘Eastern Victoria Grid Reinforcement PSCR’. Submissions are due on or before 5:00 pm (AEDT) Friday 7th February 2025.
At the conclusion of the PSCR consultation process, all non-confidential submissions received will be published on AEMO’s website. If you do not wish for your submission to be made public, please clearly stipulate this at the time of lodgement.
AVP is committed to working with industry, government, investors and consumers to secure and shape Australia’s energy future in the long-term interests of consumers. We value your feedback and advice on this RIT-T and are committed to ongoing dialogue with our stakeholders.
We will continue to provide updates as we move through this program and welcome your thoughts via our stakeholder engagement activities which will be announced on this page in the coming months. For more information, contact AVP_RIT-T@aemo.com.au.