-ACCC: ACCC to review criterion for new interconnectors under the National electricity code

0 Comments | M2 Presswire, September, 1998

M2 PRESSWIRE-21 September 1998-ACCC: ACCC to review criterion for new interconnectors under the National electricity code (C)1994-98 M2 COMMUNICATIONS LTD RDATE:310998 The Australian Competition and Consumer Commission has been asked to examine the 'net benefits to customers' criterion for new interconnectors and network augmentations under the National Electricity Code, ACCC Chairman, Professor Allan Fels, said today.

The ACCC will conduct the review as part of its Statement of Regulatory Intent which will outline the ACCC's approach to regulating transmission networks in the National Electricity Market. This review has been prompted because of concerns about the assessment criterion that emerged from the review of the proposed South Australia and New South...