The following principles (the
"innovative trial principles" ) must be taken into account in determining
whether a trial project is genuinely innovative in connection with granting a
trial waiver or making a trial Rule relating to a trial project:
(a) whether the trial project is focused on developing new or materially improved approaches to the use or supply of, or demand for, electricity;
(b) whether the trial project is likely to contribute to the achievement of the national electricity objective;
(c) whether the trial project is able to demonstrate a reasonable prospect of giving rise to materially improved services and outcomes for consumers of electricity;
(d) whether the trial project maintains adequate consumer protections, including whether the trial project may involve risks to consumers and (if so), how those risks might be mitigated;
(e) whether the trial project is unable to proceed under the existing regulatory framework;
(f) whether the trial project has moved beyond research and development stages but is not yet established, or of sufficient maturity, size or otherwise commercially ready, to attract investment;
(g) whether the trial project may negatively impact AEMO’s operation of the national electricity system and national electricity market and, if there are impacts, how those impacts can be mitigated;
(h) whether the trial project may impact on competition in a competitive sector of the national electricity market;
(i) any other principle prescribed by the Regulations.