The economics and regulation for Project Marinus is assessed under the regulatory investment test for transmission (RIT-T).

The RIT-T is a regulatory mechanism defined in the National Electricity Rules that applies an economic cost-benefit test on new electricity infrastructure proposed for the National Electricity Market (NEM).

According to the Australian Energy Regulator (AER):

“The purpose of the RIT-T is to identify the transmission investment option which maximises net economic benefits and, where applicable, meets relevant jurisdictional or Electricity Rule based reliability standards.”


The cost-benefit analysis undertaken for the RIT-T focuses on different technical solutions by looking in detail at engineering aspects, refining costs, considering alternate options, and staging.

The economic assessment process has involved:

     

LATEST NEWS

Marinus Link a key to unlocking secure and reliable renewable energy

The Marinus Link interconnector between Tasmania and Victoria is a critical part of Australia’s future electricity…
read more

New offshore electricity generation legislation a boost for Marinus Link

Project Marinus welcomes the Commonwealth Government’s new Offshore Electricity Infrastructure Bill, which will support the development…
read more

Tasmanian vessel and crew to survey Bass Strait marine fauna for Marinus Link

Tasmanian marine survey specialists Marine Solutions has departed Northern Tasmania to carry out a seabed ecology…
read more