Acronyms and Abbreviations

Acronyms and Abbreviations

ACCC

Australian Competition and Consumer Commission

AEMA

Australian Energy Market Agreement

AEMO

Australian Energy Market Operator

AER

Australian Energy Regulator

capex

capital expenditure

COAG

Council of Australian Governments

CPI

consumer price index

DMEGCIS

Demand Management and Embedded Generation Connection Incentive Scheme

DORC

depreciated optimized replacement cost

ECA

Energy Consumers Australia

ENA

Energy Networks Association

ERA

Economic Regulation Authority

ESAA

Energy Supply Association of Australia

EUAA

Energy Users Association of Australia

GDP

gross domestic product

kV

kilovolt

LNG

liquefied natural gas

MAR

maximum allowable revenue

MW

megawatt

NECF

National Energy Customer Framework

NEL

National Electricity Law—a schedule to the National Electricity (South Australia) Act 1996 (SA)

NEM

National Electricity Market

NEMLA

National Electricity Market Legislation Agreement

NEO

National Electricity Objective—section 7 of the NEL

NER

National Electricity Rules

NSP

network service provider

NSWIC

New South Wales Irrigators' Council

opex

operating expenditure

PC

Productivity Commission

PV

photovoltaic

QCA

Queensland Competition Authority

RAB

regulatory asset base

RCP

regulatory control period

RIT

regulatory investment test

SAPN

SA Power Networks

SCER

Standing Council on Energy and Resources

Tribunal

Australian Competition Tribunal

US

United States of America

WACC

weighted average cost of capital

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