ElectraNet has identified five credible options to help improve supply reliability to the Eyre Peninsula. Details of all options are included within the Project Specification Consultation Report (PSCR) which has been released today for public consultation.
Options include replacing components on the existing 132 kV transmission line, or the construction of new transmission lines at 132 kV or at higher capacity 275 kV.
Steve Masters, Chief Executive of ElectraNet said that delivering a safe, secure and reliable transmission supply to the regional areas of South Australia, including the Eyre Peninsula, is a priority.
“We have been actively exploring options to replace or upgrade the transmission lines serving the Eyre Peninsula and have made an allowance for the replacement of major transmission line components on the Eyre Peninsula in our 2019-2023 Revenue Proposal to the Australian Energy Regulator (AER),” Mr Masters said.
“In addition, we are looking at a full replacement of the transmission line on the Eyre Peninsula, as an alternative solution. This may be more cost effective and deliver greater benefits to customers through potentially improving supply reliability, and reducing the ongoing costs of generation support at Port Lincoln.
“We also welcome those with non-network solutions to provide feedback as part of this consultation so that all potential solutions can be considered,” he said.
A full replacement of the transmission line on the Eyre Peninsula will only proceed if sufficient benefits can be demonstrated, and if approved by the Australian Energy Regulator.
Publication of the PSCR marks the beginning of market and public consultation in the regulatory process to look into electricity supply options for the Eyre Peninsula.
This is the first step in the Regulatory Investment Test – Transmission (RIT-T) process, which is a cost benefit test that applies to major network investments in the National Electricity Market.
Feedback is sought by 21 July 2017 and the next report, the Project Assessment Draft Report (PADR) is expected to be published by the end of October 2017.
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ElectraNet is the transmission network service provider for South Australia and provides energy and infrastructure solutions across Australia. We own and operate over $2.5 billion of electricity transmission assets that transport electricity over long distances and to remote areas. A critical part of the electricity supply chain, ElectraNet’s transmission network delivers safe and reliable electricity supply. Our transmission costs make-up less than 10% of end-user electricity prices.