sec.7BInnovative trial principles

sec.7B Innovative trial principles

The following principles (the innovative trial principles ) must be taken into account in determining whether a trial project is genuinely innovative in connection with granting a trial waiver or making a trial Rule relating to a trial project: whether the trial project is focused on developing new or materially improved approaches to the use or supply of, or demand for, electricity; whether the trial project is likely to contribute to the achievement of the national electricity objective; whether the trial project is able to demonstrate a reasonable prospect of giving rise to materially improved services and outcomes for consumers of electricity; whether the trial project maintains adequate consumer protections, including whether the trial project may involve risks to consumers and (if so), how those risks might be mitigated; whether the trial project is unable to proceed under the existing regulatory framework; whether the trial project has moved beyond research and development stages but is not yet established, or of sufficient maturity, size or otherwise commercially ready, to attract investment; whether the trial project may negatively impact AEMO’s operation of the national electricity system and national electricity market and, if there are impacts, how those impacts can be mitigated; whether the trial project may impact on competition in a competitive sector of the national electricity market; any other principle prescribed by the Regulations. s 7B ins 2022 No. 22 (SA) s 5

• (a) whether the trial project is focused on developing new or materially improved approaches to the use or supply of, or demand for, electricity;
• (b) whether the trial project is likely to contribute to the achievement of the national electricity objective;
• (c) whether the trial project is able to demonstrate a reasonable prospect of giving rise to materially improved services and outcomes for consumers of electricity;
• (d) whether the trial project maintains adequate consumer protections, including whether the trial project may involve risks to consumers and (if so), how those risks might be mitigated;
• (e) whether the trial project is unable to proceed under the existing regulatory framework;
• (f) whether the trial project has moved beyond research and development stages but is not yet established, or of sufficient maturity, size or otherwise commercially ready, to attract investment;
• (g) whether the trial project may negatively impact AEMO’s operation of the national electricity system and national electricity market and, if there are impacts, how those impacts can be mitigated;
• (h) whether the trial project may impact on competition in a competitive sector of the national electricity market;