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Managing risk on Line 23 RITT Project Assessment Conclusions Report Issue date: 8 August 2023OfficialDisclaimer This suite of documents comprises Transgrids application of the Regulatory Investment
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The review of a Regulatory Investment Test for Transmission (RIT-T) project evaluates the project against alternative options to ensure it provides a net benefit to consumers.
Transmission network service providers (TNSPs) that plan to develop or upgrade transmission infrastructure are required to file a review of the RIT-T project.
To fill out the review of a RIT-T project, TNSPs must provide detailed documentation on the project's benefits, costs, alternatives considered, and stakeholder consultations.
The purpose of the review is to ensure that investments in transmission are efficient, adequately justified, and provide consumer benefits while ensuring compliance with regulatory requirements.
The report must include the project's objectives, methodology used for analysis, cost-benefit analysis results, stakeholder feedback, and the recommended course of action.
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