On 18 September 2020, the Electricity Networks Access Code 2004 was amended to support the delivery of the State Government’s Energy Transformation Strategy. As a result of the amendments, the ERA is required to publish a framework and approach document prior to Western Power submitting its next access arrangement proposal in February 2022. The framework and approach must be finalised by 2 August 2021 and will set out the services that will be regulated through the access arrangement and the broad nature of regulatory arrangements. It is intended to facilitate early public consultation on the access arrangement and will assist Western Power to prepare its proposal.
The ERA is also required to develop and publish four new guidelines on valuing net benefits, new facilities investment test determinations, multi-function assets and a demand management innovation allowance mechanism. To ensure consistency and streamline the consultation process, the ERA is developing the new guidelines together with the framework and approach.
The ERA has published a scoping paper to inform stakeholders of the process it must follow to develop the framework and approach and to seek preliminary views on matters that should be considered in the development of the issues paper.