With over 5,000km of transmission lines and 16 billion dollars traded in 2017, it’s no surprise that Australia’s National Electricity Market (NEM) is an incredibly complex system to understand. To help you wrap your head around the NEM, please join Principal Corporate Lawyer, Louise Thomson, and Executive Officer and Engineer, Murray Chapman, to unpack what the NEM really is, and what bodies are in charge of its operation.
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AEMO manages the day-to-day operations of a number of electricity and gas markets and information services, as well as providing strategic forecasting and planning advice.
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AEMO has strategic partnerships with institutions and energy brands across Australia and globally, including the Bureau of Meteorology (BOM) and CSIRO.
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In addition to regular consultations, AEMO runs regular working groups and forums that allow energy stakeholders to discuss issues and share information.
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The Library captures procedures, guides and major reports that live elsewhere on the site.
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Australia’s energy system has a governance structure that includes AEMO, the Australian Energy Regulator (AER), the Australian Energy Market Commission (AEMC), the Energy Security Board (ESB) and the Council of Australian Governments (COAG) Energy Council.
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AEMO is an independent organisation that operates on a user-pays cost-recovery basis, with all operating costs recovered through fees paid by industry participants. Our ownership is shared between government and industry.