Electricity generation licence application – One Investment Management Pty Ltd
- Project Released: 14 Jun 2018
- Project Closes: Aug 2018
- Contact: Julie Dixon
The Commission has received an application from One Investment Management Pty Ltd for an electricity generation licence. The applicant is seeking to operate a solar generation plant with a maximum output capacity of 95 megawatts.
Current status is Initiate
The Commission has received an application from One Investment Management Pty Ltd for an electricity generation licence in accordance with the Electricity Act 1996 (Electricity Act). The applicant is seeking to operate a solar generation plant with a maximum output capacity of 95 megawatts. The generation plant will be located at Tailem Bend.
In assessing an electricity generation application, the Commission considers the application against the relevant licensing provisions set out in the Electricity Act. It will also have regard to its primary objective under the Essential Services Commission Act 2002, being the protection of the long-term interests of South Australian consumers with respect to the price, quality and reliability of essential services and other factors as they apply to the Commission's role as an economic regulator of the South Australian electricity industry.
The Commission may only issue a licence if it is satisfied the applicant is a suitable person to hold the licence. In making its assessment the Commission considers (among other things):
- the standard of honesty and integrity shown by the applicant and its directors and major shareholders in previous commercial and regulatory dealings
- the financial, technical and human resources available to the applicant
- the quality of the generated electricity for the relevant transmission or distribution network, and
- 2017 model licence conditions for new generators.
In making its assessment, the Commission consults with the Australian Energy Market Operator and The Office of The Technical Regulator which has separate stand-alone roles in the electricity industry. Matters related to health and environment protection are regulated under separate legislative frameworks and can only be considered by the Commission in context of the above mentioned criteria.
The application submitted by One Investment Management Pty Ltd is subject to a public consultation period closing on 13 July 2018. Interested parties wishing to make a submission on this licence application should prepare a submission which addresses the criteria noted above.