30 Sep 2024
The CEC considers that reform is needed to the regulatory frameworks to remove regulatory uncertainty as to cost recovery for the duration of the project.
NNOs provide flexible market-led alternatives to new transmission build-out. Energy storage asset developers compete through a tender process, often by proposing innovative technologies or novel applications of existing technologies, to provide bespoke solutions to network needs.
Getting the settings right for how costs are recovered will allow TNSPs to consider all options to meet these solutions by ensuring they are sufficiently incentivised to enter third party contracts for the provision of non-network services.
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