Australian Energy Market Operator
Encyclopedia
The Australian Energy Market Operator (AEMO) delivers an array of gas and electricity market, operational, development and planning functions. It manages the National Electricity Market
(NEM) and the Victorian gas transmission network. AEMO also facilitates electricity and gas full retail contestability, overseeing these retail markets in eastern and southern Australia. It is additionally responsible for national transmission planning for electricity and the establishment of a Short Term Trading Market (STTM) for gas.
It commenced operations on 1 July 2009, superseding several organisations including NEMMCO
, VENCorp
, ESIPC, REMCo (South Australian operations only), GMC and GRMO.
National Electricity Market
The National Electricity Market is the name of the Australian wholesale electricity market and the associated synchronous electricity transmission grid....
(NEM) and the Victorian gas transmission network. AEMO also facilitates electricity and gas full retail contestability, overseeing these retail markets in eastern and southern Australia. It is additionally responsible for national transmission planning for electricity and the establishment of a Short Term Trading Market (STTM) for gas.
It commenced operations on 1 July 2009, superseding several organisations including NEMMCO
NEMMCO
The National Electricity Market Management Company Limited was the Wholesale Market and Power System Operator for the Australian National Electricity Market...
, VENCorp
VENCorp
VENCorp was responsible for the efficient operation of gas and electricity industries in Victoria, Australia. VENCorp, which was established in December 1997, was a Victorian State Government-owned entity within Victoria's privatised energy industries...
, ESIPC, REMCo (South Australian operations only), GMC and GRMO.
See also
- Australian Energy Market CommissionAustralian Energy Market CommissionThe Australian Energy Market Commission was set up by the Council of Australian Governments through the Ministerial Council on Energy in 2005. The AEMC has two roles in relation to national energy markets - as rule maker and as a provider of advice to Ministers on how best to develop energy...
- Australian Energy RegulatorAustralian Energy RegulatorThe Australian Energy Regulator is the regulator of the wholesale electricity and gas markets in Australia. It is part of the Australian Competition and Consumer Commission and enforces the rules established by the Australian Energy Market Commission....
- Energy policy of AustraliaEnergy policy of AustraliaEnergy policy of Australia describes the energy policy in the politics of Australia. Energy in Australia describes energy and electricity production, consumption and export/import in Australia...