The Energy Networks Association (ENA) responded to the Australian Energy Market Commission's preliminary findings review of energy infrastructure revenue and price setting in February. ENA recommended to the commission that development of total factor productivity (TFP) enabling rules be deferred to a later stage and over a longer time frame than is currently proposed in the preliminary findings. "It is ENA's view that if the assumption is 1 introduction of a TFP option beyond 2018-19, then the commission's assessment should seek to account for the likelihood that the building blocks approach will evolve to seek to address many of the deficiencies identified," the ENA states.
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