The ACCC has released a final determination authorising collaboration between renewable energy businesses to resolve overlapping geographic areas in their applications for feasibility licences under the Offshore Electricity Infrastructure Act 2021 and the Offshore Electricity Infrastructure Regulations 2022.
The application for authorisation, lodged by the Department of Climate Change, Energy, the Environment and Water (DCCEEW) on 15 March 2024, relates to the granting of feasibility licences in declared offshore electricity generation areas.
The ACCC granted interim authorisation on 20 March 2024 for the Gippsland and Hunter declared offshore electricity generation regions.
On 4 July 2024, the ACCC issued a draft determination proposing to grant authorisation until 15 March 2027.
The ACCC issued a final determination on 28 August 2024 granting authorisation AA1000662 until 15 March 2027. The interim authorisation will remain in place until the ACCC’s final determination comes into effect.
Further information is available on the ACCC's public register.