126Modification relating to green hydrogen shortfall

126 Modification relating to green hydrogen shortfall

126 Modification relating to green hydrogen shortfall

(1) This section modifies the National Electricity Rules to give effect to sections 121 and 125.

(2) This section applies to a network service provider if—

(a) the provider must comply with section 121(1) during the provider’s regulatory control period, and

(b) the provider determines it is necessary to revise the following to give effect to section 125—

(i) for a TNSP—the pricing methodology approved by the AER for the provider,

(ii) for a DNSP—the tariff structure statement approved by the AER for the provider.

(3) To give effect to section 125—

(a) a TNSP may submit a revised pricing methodology to the AER, and

(b) a DNSP may submit a revised tariff structure statement to the AER.

(4) A reference in subsections (2)(a) and (b)(i) and (3) to a network service provider extends to—

(a) a co-ordinating network service provider if—

(i) the co-ordinating network service provider, or a TNSP that appointed the co-ordinating network service provider (an appointing provider), must comply with section 121(1) during the provider’s regulatory control period, and

(ii) the co-ordinating network service provider determines it is necessary to revise the pricing methodology approved by the AER to give effect to section 125, and

(b) an appointing provider if—

(i) this section applies to the co-ordinating network service provider for the appointing provider, and

(ii) the appointing provider determines it is necessary to revise the pricing methodology approved by the AER to give effect to section 125.

(5) A reference in the National Electricity Rules to—

(a) a pricing methodology is taken to be a reference to a pricing methodology submitted in accordance with this section, and

(b) a tariff structure statement is taken to be a reference to a tariff structure statement submitted in accordance with this section.