What is the roadmap?
The NSW Electricity Infrastructure Roadmap is the NSW Government’s plan to transform the NSW electricity system so that it is cheaper, cleaner and more reliable. It coordinates investment in transmission, generation, storage and firming infrastructure as ageing coal-fired generation plants retire.
What are IPART’s roles under the roadmap?
IPART has several roles under the roadmap:
- Assessing whether the Renewable Energy Sector Board Plan
- protects the financial interests of NSW electricity customers, and
- is consistent with Australia’s international trade obligations.
- For regulatory functions where no other body is appointed as the regulator. Currently, these functions include:
- Auditing the performance of the different entities that perform functions under the Electricity Infrastructure Investment Act 2020 (NSW), including the consumer trustee, the financial trustee, the scheme financial vehicle, and the infrastructure planner.
- Preparing annual reports on the consumer trustee, the financial trustee, the infrastructure planner and the regulators. See our 2021-22 annual report.
The Australian Energy Regulator (AER) has also been appointed as a regulator under the Roadmap to undertake a number of other regulatory functions.
The Australian Energy Market Operator (AEMO) has been appointed as the energy security target monitor.
|17 December 2021||Instrument of appointment as the regulator