- Electricity Infrastructure Investment Regulation 2021
- Status information
- Part 1 Preliminary
- Part 2 NSW renewable energy sector board and electricity infrastructure jobs advocate
- Part 3 Energy security targets
- 12 Interpretation
- 13 Calculating maximum demand—the Act, s 12(3)
- 14 Calculating firm capacity—the Act, Dictionary, definition of “firm capacity”
- 15 Additional information for calculating firm capacity—the Act, Dictionary, definition of “firm capacity”
- 16 Energy security target monitor reports—the Act, s 13
- Part 4 Network infrastructure projects
- 17 Classes of network infrastructure
- 18 Consumer trustee may give advice and recommendations about network infrastructure projects—the Act, s 60(4)(c)
- 19 Recommendations by consumer trustee about network infrastructure projects—the Act, ss 60(4)(c) and 66(5)(d)
- 19A Authorisations by Minister—the Act, ss 60(4)(c) and 79(1)
- 19B Authorisations by consumer trustee—the Act, ss 31(6), 60(4)(c) and 79(1)
- 19C Authorisations by consumer trustee—cost benefit analysis
- 20 Directions to carry out network infrastructure projects—the Act, s 32(2)(f)
- 21 Transfer of network infrastructure—the Act, s 42
- Part 5 Electricity infrastructure investment safeguard—the Act, Part 6
- 22 Definitions
- 23 Reliability standard—the Act, s 43
- 24 Content of infrastructure investment objective reports by consumer trustee—the Act, s 45
- 25 Preparation of infrastructure investment objectives reports—the Act, s 45(4)
- 26 Tendering for LTES agreements—the Act, s 47(3)(a)
- 26A LTES agreement showing outstanding merit—the Act, s 48(4)
- 27 Notice of proposal to exercise option under LTES agreement
- 28 Competitive tenders for LTES agreements—the Act, s 47(3)(a)
- 29 Tender rules
- 30 Recommendations about LTES agreements
- 31 LTES agreement for generation infrastructure—the Act, s 46(2)(f)
- 31A Circumstances in which LTES agreements may not be made—the Act, s 49(2)
- 32 Risk management framework—the Act, s 51(8)
- 33 Renewal or extension of risk management contract—the Act, s 52(3)
- Part 6 Electricity infrastructure fund
- 34 Financial reporting by scheme financial vehicle—the Act, s 53(3)
- 35 Contribution determination—matters to be taken into account—the Act, s 56(6)
- 36 Notification of contribution determinations—the Act, s 64(4)
- 37 Recovery of amounts payable under contribution orders—the Act, s 58(6)
- 38 Payment of contribution by distribution network service provider—the Act, s 58(2)
- 39 Provision of information to regulator—the Act, ss 60(4), 61(2) and 63(4)
- Part 7 Administration
- 40 Appointment of consumer trustee—the Act, s 66(5)(a)
- 41 Considerations for infrastructure planner—the Act, s 63
- 41A Appointment of regulator—the Act, s 64(1)
- 42 Functions of regulator—the Act, s 64(4)(b)
- 42A Functions of consumer trustee—the Act, s 60(4)
- 42B Functions of financial trustee—the Act, s 61(2)(c)
- 42C Functions of infrastructure planner—access schemes—the Act, s 63(4)(d)
- 42CA Functions of infrastructure planner—standard development agreement under access schemes—the Act, s 63(4)(d)
- 42D Functions of infrastructure planner—particular renewable energy zones—the Act, s 63(4)(d)
- Part 8 Assessments and recommendations by infrastructure planner
- Part 9 Revenue determinations
- Division 1 Making revenue determinations
- 46 Principles for regulator—the Act, s 37(1)(e)
- 47 Regulator’s guidelines about revenue determinations—the Act, s 38(10)
- 47A Regulator’s guidelines about non-contestable revenue determinations—the Act, s 38(10)
- 47B Regulator’s guidelines about non-contestable revenue determinations must include schemes and models—the Act, s 38(10)
- 47C Amendment of regulator’s guidelines
- 47D Making non-contestable revenue determinations—the Act, s 38(10)(a)
- 47E Making revenue determinations for contestable augmentation—the Act, s 38(10)(a)
- 48 Network operator to give information to regulator—the Act, s 38(10)(b) and (c)
- 49 Consultation with infrastructure planner and consumer trustee—the Act, s 38(10)(a)
- 50 Timing for making revenue determinations—the Act, s 38(10)(a)
- Division 2 Content and publication
- 50A Components of non-contestable revenue determinations—the Act, s 38(2)(d)
- 51 Adjustment of amounts—the Act, ss 38(10)(f) and 40
- 52 Information to be included in revenue determination—the Act, s 38(10)(d)
- 53 Publication of revenue determinations and related information—the Act, s 38(10)(f)
- 53A Revenue determination ceases to have effect—the Act, s 38(10)(f)
- 54 Review and remake of revenue determination for errors—the Act, s 40
- Division 3 Cost recovery of infrastructure project costs—the Act, ss 39(2) and 41
- Part 10 Access schemes
- Part 11 Modification of National Electricity Rules
- Part 12 Firming infrastructure
- Part 13 Performance audits—the Act, s 67
- Schedule 1 Members and procedures of NSW renewable energy sector board
- Schedule 1A Access scheme functions
- Schedule 2 Penalty notice offences
- Schedule 3 Modification of National Electricity Rules
- Schedule 4 Dictionary
- Historical notes
Electricity Infrastructure Investment Regulation 2021
Current
version
for 13 September 2024
to date
(accessed 4 October 2024 at 18:34)
63 Payments must be used to procure offset units—the Act, s 46(2)(f)
(1) A payment received by the scheme financial vehicle to satisfy the offset requirement must be paid into the Fund.(2) The regulator must procure and surrender the offset units required to be procured and surrendered by an LTES operator who made a payment under clause 62(3) instead of procuring and surrendering the offset units.(3) If the cost of the procured offset units is different from the cost estimated by the regulator under clause 62(3)(a), the LTES operator must pay, or be refunded, the difference.