Queensland Consolidated Regulations

ENERGY (RENEWABLE TRANSFORMATION AND JOBS) REGULATION 2024

- Made under the Energy (Renewable Transformation and Jobs) Act 2024
- As at 20 September 2024
- Reg 65 of 2024

TABLE OF PROVISIONS

   PART 1 - PRELIMINARY

   1.      Short title
   2.      Definitions

   PART 2 - JOB SECURITY GUARANTEE FUND

   3.      Amount of work performed—Act, s 86
   4.      Prescribed facilities—Act, s 86
   5.      Categories of costs for payments from fund—Act, s 90
   6.      Matter to be considered for making payments from fund—Act, s 90
   7.      Requirement to report on expenditure—Act, s 90

   PART 3 - GENERAL MATTERS FOR PRIORITY TRANSMISSION INVESTMENTS

   8.      Declared documents—Act, s 18, definition assessment documents
   9.      Eligible priority transmission investments—Act, s 20
   10.     Application of National Electricity Rules—Act, s 33

   PART 4 - FINANCIAL MATTERS FOR PRIORITY TRANSMISSION INVESTMENTS

           Division 1 - Preliminary

   11.     Purpose of part
   12.     Definitions for part
   13.     Interpretation of particular terms—National Electricity Rules
   14.     AER may modify application of capital expenditure sharing scheme

           Division 2 - Primary PTI allowance directions

              Subdivision 1 - Requirement to give direction

   15.     Requirement to give primary PTI allowance direction

              Subdivision 2 - Anticipated start date occurs in regulatory control period during which direction is given

   16.     Application of subdivision
   17.     Definitions for subdivision
   18.     Primary PTI allowance direction—first, second and third periods
   19.     Action AER must take in first period
   20.     Obligations of AER for second period if s 18(2) applies
   21.     Obligations of AER for third period if s 18(3) applies
   22.     Powerlink must include first period adjustment in revenue proposal for second period
   23.     AER must accept and include Powerlink’s first period adjustment for second period if s 22 applies
   24.     Powerlink must include second period adjustment if anticipated completion date occurs in third regulatory period
   25.     AER must accept and include Powerlink’s second period adjustment for third period if s 24 applies

              Subdivision 3 - Anticipated start date occurs in regulatory control period after period during which direction given

   26.     Application of subdivision
   27.     Definitions for subdivision
   28.     Primary PTI allowance direction—first period
   29.     Primary PTI allowance direction—second period
   30.     Obligations of AER for first period if s 28 applies
   31.     Obligations of AER for second period if s 29 applies
   32.     Powerlink must include first period adjustment in revenue proposal for second period
   33.     AER must accept and include Powerlink’s first period adjustment

           Division 3 - Regulatory asset base allocation directions

   34.     Regulatory asset base allocation direction
   35.     Action AER must take in relation to Powerlink’s application
   36.     Obligations of AER for other regulatory control periods
   37.     Declarations for National Electricity Rules

           Division 4 - Material change PTI directions

   38.     Material change PTI direction
   39.     Obligations of AER for material change PTI direction

   PART 5 - MISCELLANEOUS

   40.     Transmission and distribution assets for public ownership strategy—Act, s 13
   41.     Appointed council members—Act, s 130
   42.     Application of transmission ring-fencing rule—Act, s 170A
           SCHEDULE 1
           SCHEDULE 2