AER updates RIT-T guidelines to look beyond poles and wires for network upgrades
Renew Economy | December 14, 2018
A key, but contentious test that guides major electricity network investments has been given an overhaul by the Australian Energy Regulator, in line with the rapidly changing face of the National Electricity Market and the wholesale shift to renewables. The improvements, announced on Friday, apply to the AER’s regulatory investment test (RIT) guidelines a cost-benefit analysis network businesses must perform and consult on before making major investments in their networks.