Nexa Advisory welcomes the opportunity to respond to the AEMC’s Clarifying the treatment of jurisdictional policies and system costs in the ISP Consultation Paper (ERC0406).
The Integrated System Plan (ISP) remains a critical planning and system design roadmap for the National Electricity Market (NEM) and a vital tool which informs investors, policy makers and broader industry as we progress Australia’s clean energy transition.
However, the onus for developing and legislating policies which best meet the needs of Australians must remain on governments; it is not the role of the AEMC or AEMO to hold government policy to account.
We support the AEMC in upholding the purpose of the ISP as a planning document, rather than to inform or set policy. While we agree that there is need for AEMO to continue to develop the ISP Methodology to provide more holistic whole-of-system costs – this is possible through the development of the ISP Methodology, without need for this rule change.
As such, we urge the AEMC not to proceed with this rule change and focus its efforts on the multitude of other reform areas currently underway.
Read our submission here: Nexa Advisory submission – AEMC Jurisdictional policies in ISP