Capacity Investment Scheme NEM Generation

Stage B of the Australian Government’s Capacity Investment Scheme Tender 1 – NEM Generation is now closed. AEMO Services is currently reviewing Financial Value Bids.

A Market Briefing has been uploaded to provide further guidance on the assessment of MC5 – Financial Value.

Stage A Assessment Outcomes Market Briefing

This briefing note provides a generalised assessment summary on the Project Bid stage (Stage A) of the CIS Tender 1. The purpose is to provide feedback to Proponents to encourage participation in future tenders and to assist Proponents to improve bids in future tenders.

• Stage A Assessment Outcomes Market Briefing

To view additional tender documents please click on the Tender documents and Q&A tabs.

About the Tender

The Tender is seeking an indicative 6GW of renewable electricity generation across the National Electricity Market. Of this 6GW, minimum capacity targets across jurisdictions apply:

• New South Wales – 2.2GW
• South Australia – 300MW
• Victoria – 1.4GW
• Tasmania – 300MW

The remaining 1.8GW of renewable capacity will be allocated to projects across the NEM based on the merit of the projects. Projects wishing to participate in this tender should read the Tender Guidelines, available on our website, and register before 5pm AEST on 19 June 2024.

About AEMO and AEMO Services’ Role

AEMO and AEMO Services have been engaged to support the roll-out of the Australian Government’s Capacity Investment Scheme (CIS) as an advisor and tender delivery partner, bringing together our expertise in energy markets, modelling and infrastructure finance and procurement. AEMO Services is conducting the competitive tender process that will enable the Commonwealth to determine which projects the scheme should support, commencing with the SA-VIC Tender.

Our work will help the Commonwealth secure reliability and security in energy supply for consumers across Australia. As in NSW, we will conduct a two-stage tender process, assessing overall project merit including social licence and financial value, and focusing on stakeholder centric experience for tender participants to foster quality and competition. The Commonwealth Minister for Climate Change and Energy is the ultimate decision-maker, with a short-list of projects recommended to the Commonwealth for final approval.

Registered proponents are able to ask questions in the formal tender Q&A process. For any enquiries on the tender, eligibility and merit or registration please contact cis@aemoservices.com.au.