As the NSW Consumer Trustee, AEMO Services has prepared the Infrastructure Investment Objectives Report - our blueprint for meeting the state’s future electricity needs.
It sets out a development pathway for the next twenty years, and a tender plan for the next decade, identifying the timing and scale for generation and storage investment over that period and building in flexibility to ensure that the interests of consumers are always prioritised.
The repeatable, rolling tender schedule set out in the Infrastructure Investment Objectives Report guarantees efficiency and certainty for participants, and encourages ongoing familiarity with AEMO Service’s processes.
The Report will be updated at least every two years.
Generation Long Term Energy Service Agreement Size
Following the publication of the 2021 Investment Objectives Report in December 2021, AEMO Services published an Update to the Tender Plan Implementation (below). This update outlined how AEMO Services intends to implement its 10 year plan for conducting competitive tenders for generation LTESAs including an updated larger tender in Q4 2022 at an increased indicative size of 2,500 GWh per annum.
The figure below shows the current implementation of the 10 year plan for generation LTESAs tenders, in line with the April 2022 update, and how this compares to the 10 year plan originally presented in the 2021 IIO Report.
Long Duration Storage Long Term Energy Service Agreement Size
Tenders for long duration storage (LDS) have not changed since the publication of the 2021 IIO Report and are outlined in the figure below.
