ARTC’s 2011 Hunter Valley Coal Network Access Undertaking (2011 HVAU) was accepted by the ACCC on 29 June 2011, after extensive consultation with industry stakeholders and the ACCC. Although the 2011 HVAU did not become effective until 19 July 2011, ARTC operated in accordance with the provisions of the 2011 HVAU from 1 July 2011. The 2011 HVAU has a term of 5 years.
The 2011 HVAU covered the following parts of ARTC’s network:
- Newcastle Ports (Pt Waratah, Kooragang, NCIG) – Gap, excluding Newcastle main lines
- Muswellbrook – Ulan
On 17 October 2012, the ACCC approved a variation to the 2011 HVAU incorporating the Initial Indicative Service and Initial Indicative Access Charge (2012 HVAU). The Initial Indicative Service reflected the preferred coal train configuration for operation on the Hunter Valley Network designed to maximise coal chain throughput based on initial modelling by the HVCCC.
On 25 June 2014, the ACCC approved a variation to the 2012 HVAU incorporating new Segments between Gap and Turrawan (2014 HVAU).
The most recently varied version of ARTC’s 2011 Hunter Valley Coal Network Access Undertaking is referred to on this website as the HVAU.
On 29 June 2017, the ACCC approved a variation to the HVAU to extend the term of the HVAU to 31 December 2021 and update the key commercial parameters of Rate of Return, Remaining Mine Life and the allocators for non-segment specific costs (2017 HVAU).
On 29 November 2018, the ACCC approved a variation to the HVAU to incorporate the concepts of Path-Based Pricing and Incremental Cost Methodology including amendments to the RCG process for capital allocation decisions (2018 HVAU).