National Electricity Market

URI: https://gptkb.org/entity/National_Electricity_Market
GPTKB entity
Statements (49)
Predicate Object
gptkbp:instanceOf gptkb:energy
gptkbp:abbreviation gptkb:NEM
gptkbp:annualDemand over 200 terawatt-hours
gptkbp:country gptkb:Australia
gptkbp:currency gptkb:Australian_dollar
gptkbp:dispatchEngine gptkb:NEMDE
gptkbp:dispatchFrequency every 5 minutes
gptkbp:established 1998
gptkbp:excludes gptkb:Northern_Territory
gptkb:Western_Australia
gptkbp:governedBy gptkb:National_Electricity_Law
gptkb:National_Electricity_Rules
https://www.w3.org/2000/01/rdf-schema#label National Electricity Market
gptkbp:interconnectedGrid gptkb:Eastern_and_Southern_Australia
gptkbp:interconnectors gptkb:Basslink
gptkb:Heywood_Interconnector
gptkb:Queensland–New_South_Wales_Interconnector
gptkb:Victoria–New_South_Wales_Interconnector
gptkbp:market wholesale electricity market
gptkbp:marketDesign gross pool market
gptkbp:marketParticipants retailers
generators
large industrial users
gptkbp:marketStartDate 13 December 1998
gptkbp:operatedBy gptkb:Australian_Energy_Market_Operator
gptkbp:peakPeriod over 35,000 MW
gptkbp:powerSource gptkb:coal
natural gas
wind
solar
battery storage
hydro
gptkbp:purpose facilitate electricity trading between generators and retailers
gptkbp:regulates gptkb:Australian_Energy_Market_Commission
gptkb:Australian_Energy_Regulator
gptkbp:servesArea gptkb:Australian_Capital_Territory
gptkb:New_South_Wales
gptkb:Queensland
gptkb:South_Australia
gptkb:Tasmania
gptkb:Victoria
gptkbp:settlementInterval 5 minutes
gptkbp:timezone AEST
AEDT
gptkbp:tradingInterval 5 minutes
gptkbp:transmissionNetwork gptkb:National_Electricity_Transmission_Grid
gptkbp:website https://www.aemo.com.au/energy-systems/electricity/national-electricity-market-nem
gptkbp:bfsParent gptkb:Hazelwood_Power_Station
gptkbp:bfsLayer 6