Australia’s transmission system operator (TSO) in New South Wales (NSW), Transgrid’s request to recover cost overruns on its share of the AUD3.6 billion high-voltage Project Energy Connect (PEC) transmission project has been provisionally rejected by the Australian Energy Regulator (AER). Transgrid applied in February 2026 to reopen its 2023-28 revenue determination to recover AUD1.2 billion […]

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