National Electricity Market

E446823
electricity grid power system wholesale electricity market

The National Electricity Market is Australia's interconnected wholesale electricity grid and trading market that coordinates the generation and distribution of power across the eastern and southern states.

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Observed surface forms (2)

Surface form Occurrences
Australian east coast grid 1
National Electricity Grid of Australia 1

Statements (51)

Predicate Object
instanceOf electricity grid ⓘ
power system ⓘ
wholesale electricity market ⓘ
abbreviation NEM NERFINISHED ⓘ
balancingResponsibility Australian Energy Market Operator NERFINISHED ⓘ
commodityTraded electricity ⓘ
country Australia ⓘ
excludesState Northern Territory NERFINISHED ⓘ
Western Australia NERFINISHED ⓘ
governanceBody Council of Australian Governments Energy Council NERFINISHED ⓘ
governedBy National Electricity Law NERFINISHED ⓘ
National Electricity Rules NERFINISHED ⓘ
National Energy Retail Law NERFINISHED ⓘ
hasParticipantType generator ⓘ
large customer ⓘ
network service provider ⓘ
retailer ⓘ
includesState Australian Capital Territory NERFINISHED ⓘ
New South Wales NERFINISHED ⓘ
Queensland NERFINISHED ⓘ
South Australia NERFINISHED ⓘ
Tasmania NERFINISHED ⓘ
Victoria NERFINISHED ⓘ
interconnection Basslink NERFINISHED ⓘ
Heywood Interconnector NERFINISHED ⓘ
Murraylink Interconnector NERFINISHED ⓘ
Queensland–New South Wales Interconnector NERFINISHED ⓘ
Victoria–New South Wales Interconnector NERFINISHED ⓘ
interconnectorType high-voltage transmission network ⓘ
marketType energy-only market ⓘ
operator Australian Energy Market Operator NERFINISHED ⓘ
policyCoordinator Energy Security Board NERFINISHED ⓘ
pricingMechanism marginal cost pricing ⓘ
uniform clearing price ⓘ
primaryFuelSources coal ⓘ
hydro ⓘ
natural gas ⓘ
solar ⓘ
wind ⓘ
purpose coordinate generation and transmission of electricity ⓘ
facilitate competition in electricity supply ⓘ
regionServed eastern Australia NERFINISHED ⓘ
southern Australia ⓘ
regulator Australian Energy Regulator NERFINISHED ⓘ
settlementInterval 5 minutes ⓘ
startDate 1998 ⓘ
supports wholesale electricity trading ⓘ
timeZone Australian Eastern Daylight Time NERFINISHED ⓘ
Australian Eastern Standard Time NERFINISHED ⓘ
tradingInterval 5 minutes ⓘ
tradingMechanism spot market ⓘ

Referenced by (12)

Full triples — surface form annotated when it differs from this entity's canonical label.

Liddell Power Station → connectedTo → National Electricity Market ⓘ
Bayswater Power Station → gridConnection → National Electricity Market ⓘ
Bayswater Power Station → suppliesElectricityTo → National Electricity Market ⓘ
this entity surface form: Australian east coast grid
Murray 1 Power Station → gridConnection → National Electricity Market ⓘ
Tumut 1 Power Station → gridConnection → National Electricity Market ⓘ
Tumut 2 Power Station → gridConnection → National Electricity Market ⓘ
Tumut 3 Power Station → gridConnection → National Electricity Market ⓘ
Guthega Power Station → gridConnection → National Electricity Market ⓘ
Blowering Power Station → gridConnection → National Electricity Market ⓘ
Murray 2 Power Station → gridConnection → National Electricity Market ⓘ
Snowy Hydro Limited → regulatesWith → National Electricity Market ⓘ
Snowy Hydro Limited → gridConnection → National Electricity Market ⓘ
this entity surface form: National Electricity Grid of Australia