- 12 week consultation period.
- Specifies what issue needs to be solved.
- Requests feedback and advice from stakeholders.
- Stakeholders include the Australian Energy Market Operator, registered participants, and interested parties.
We engage with these parties during the 12 week consultation period and also develop a selection of proposed solutions to meet the need identified in the original report.
- Further six week consultation period.
- A summary of the advice received from stakeholders.
- Economic assessment of credible options and selection of the most suitable choice.
After receiving the feedback and advice from consultation on the Project Specification Consultation Report, we assess the proposed solutions for their economic viability as well as their potential to bring other benefits to the NEM. The outcome of the consultation on the Project Specification Consultation Report and subsequent options analysis is then documented in the Project Assessment Draft Report.
- Final stage of the process.
- Indicates the preferred solution.
- Outlines the intended course of action.
Once all feedback and advice has been received and analysed, this report will indicate the final preferred option. It will also outline an intended course of action for a reliable and cost-effective solution to meet the project’s investment needs.