53Functions of VicGrid

53 Functions of VicGrid S. 53(1) amended by No. 38/2025 s. 12(2). (1) The functions of VicGrid are— (a) REZ planning functions, being— (i) recommending to the Minister areas to be considered for declaration as renewable energy zones; (ii) planning the development of major electricity transmission infrastructure within current or potential renewable energy zones to augment the declared shared network; (iii) planning for the connection of major electricity transmission infrastructure to the declared shared network; (iv) planning for the connection of generation and storage plant to major electricity transmission infrastructure within current or potential renewable energy zones— through the preparation and publishing of a Victorian transmission plan and Victorian transmission plan guidelines; and S. 53(1)(b) amended by No. 38/2025 s. 12(2). (b) any functions conferred on VicGrid by an Order under section 16Y; and (c) to provide advice and information to the Minister; and S. 53(1)(d) amended by No. 38/2025 s. 12(2). (d) any other functions conferred on VicGrid by or under this Act. S. 53(1A) inserted by No. 38/2025 s. 12(3). (1A) In addition, VicGrid has the functions and powers conferred on it under the National Electricity (Victoria) Law, the National Electricity (Victoria) Regulations and the National Electricity Rules. S. 53(1B) inserted by No. 38/2025 s. 12(3). (1B) VicGrid has the power to do all things necessary or convenient for or in connection with a function or power referred to in subsection (1A). S. 53(2) amended by No. 38/2025 s. 12(4). (2) In performing REZ planning functions, VicGrid— (a) must have regard to the most recent— (i) Integrated System Plan published by AEMO under clause 5.22.1 of the Rules; and S. 53(2)(a)(ii) repealed by No. 38/2025 s. 12(5). (iii) statement of opportunities published by AEMO under clause 3.13.3A of the Rules; and (iv) gas statement of opportunities published by AEMO under section 91DA of the National Gas (Victoria) Law; and (v) Victorian Gas Planning Report published by AEMO under rule 323 of the National Gas Rules; and S. 53(2)(b) amended by No. 38/2025 s. 12(4). (b) may have regard to any other information that VicGrid considers relevant. Note to s. 53 inserted by No. 38/2025 s. 12(6). Section 20 of the **State Owned Enterprises Act 1992** gives VicGrid power in relation to its functions. S. 54 inserted by No. 15/2024 s. 8.