Business
Transmission projects in doubt after AEMC rejects revenue rule change – RenewEconomy
New transmission links considered essential to renewables transition in doubt after AEMC says six dollar a year impact too much to allow for change in rules.
Plans to build a new $2.4 billion transmission line between South Australia and New South Wales have hit a potentially significant hurdle after the market rule maker rejected calls by the project developers to allow for a change of rules government financing arrangements.
Transgrid and ElectraNet had both called on the Australian Energy Market Commission to allow them to accelerate their returns on investment, which they said was essential to their ability to secure debt financing for the project,…
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