Notice of intention
22 Notice of intention
The Minister may direct the Scheme Regulator to issue a request (an
NOI request) to recognised electricity entities to submit a notice of intention (an NOI) to the Scheme Regulator in accordance with this regulation.
A recognised electricity entity who receives an NOI request must submit an NOI within the time specified in the NOI request and in accordance with any relevant requirements specified by the Minister's guidelines.
An NOI must—
be submitted in a form specified by the Minister's guidelines;
and
in respect of a period specified in the NOI request (a
commitment period) indicate—
the recognised electricity entity's intention in respect of the provision of long duration dispatchable electricity capacity; and
the level of long duration dispatchable electricity capacity that the recognised electricity entity intends to provide in the NEM during the commitment period; and
include any other information specified by the Minister's guidelines.
A recognised electricity entity who has indicated an intention to provide long duration dispatchable electricity capacity in the NEM over the relevant commitment period must provide that capacity during that commitment period at the level indicated in the NOI.
The Scheme Regulator may exempt a recognised electricity entity from the operation of subregulation (4) after taking into account any provision made by the Minister's guidelines.
A recognised electricity entity must, by notice in writing to the
Scheme Regulator—
revise an NOI that has been submitted under this regulation if the entity has indicated in the NOI that the entity intends to withdraw from or exit the NEM or otherwise cease to provide long duration dispatchable electricity capacity during the commitment period to which the NOI relates but then changes its plans in this regard; or
seek the Scheme Regulator's approval to revise an NOI that has been submitted under this regulation if the entity wishes to change the level of long duration dispatchable electricity capacity that the recognised electricity entity intends to provide in the NEM during the relevant commitment period.
The Scheme Regulator must provide a report to the Minister with respect to—
the NOIs submitted by recognised electricity entities under this regulation; or
any revisions made under subregulation (6).
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