Energy
National Electricity Market
The National Electricity Market (NEM) commenced in December 1998 and provides a single uniform market place for the trading of wholesale electricity across all Australian States and Territories, with the exception of Western Australia and the Northern Territory.
The NEM is the world’s longest interconnected power system with an end-to-end distance of more than 4,000 kilometres. Approximately $12.6 billion of electricity is traded annually in the NEM to meet the demand of almost ten million end-use consumers. From 1 July 2009, the Australian Energy Market Operator will be the market and system operator of the NEM.
For more information on the NEM and AEMO, go to: National Electricity Market Management Company