PES Webinar - National Electricity Market (NEM) of Australia: Operation and Future Challenges
IEEE Power & Energy Society Technical Webinar Series
National Electricity Market (NEM) of Australia: Operation and Future Challenges
1 November 2017 • 4:00 pm Eastern
Presented by: Brian Nelson, Specialist, Electricity Markets, Australian Energy Market Operator, Australia
The Australian Energy Market Operator (AEMO) is responsible for operating Australia's largest gas and electricity markets and power systems. The national electricity market (NEM) commenced operation as wholesale spot market in December 1998. It interconnects five regional market jurisdictions — Queensland, New South Wales (including the Australian Capital Territory), Victoria, South Australia, and Tasmania. The National Electricity Market (NEM) operates on one of the world's longest interconnected power systems, stretching from Port Douglas in Queensland to Port Lincoln in South Australia and across the Bass Strait to Tasmania — a distance of around 5,000 kilometers.
This presentation will provide an overview of NEM. The presentation will focus on the electricity market dispatch and pricing. Types of ancillary services and its effect on electricity market will also be presented. Finally, the presentation will include future challenges for NEM.
Brian is with National Electricity Market Management Company (NEMMCo) in Market Development when it was formed in 1997, leading to the commencement of the National Electricity Market (NEM) in December 1998. He moved back into a more technical role in the Planning Department where he managed production of the Statement of Opportunities, the Annual Interconnector Review and the first National Transmission Network Development Plan. Following formation of the Australian Energy Market Commission and Australian Energy Regulator, Brian moved into the new role of Head of Regulatory Affairs and Compliance covering rule changes, rules compliance and participant registration.
When AEMO was formed in 2009, Brian continued to manage rule changes and participant registrations which now covered the gas wholesale and retail markets operated by AEMO. He moved to the Senior Manager Electricity Market Operations Performance, managing development and performance of the central dispatch process and reviewing significant market operation events and incidents. He also managed the Market Analysis team, which was responsible for developing market analytics and insights into the operation of the market.
Brian is currently working in the Market Design team, managing AEMO's input into a number of rule changes and reviews, providing advice and expertise internally and to stakeholders on matters relating to market design, and mentoring the next generation of energy market experts.