Market & Power Systems

Day to day operation of Australian energy markets involves dynamic trading between energy generators, wholesalers and retailers based on variable pricing levels that reflect current levels of demand. AEMO maintains the systems through which prices are set and transactions carried out and provides accurate and timely market data to participants. In some markets, AEMO also acts as the clearing house for market transactions.

Market operation involves systems operation, metering and settlements, market performance reporting, incident analysis and emergency management.

Ancillary Services

Ancillary services are used by AEMO to manage the power system safely, securely and reliably. These services maintain the technical characteristics of the system including standards for frequency, voltage, network loading and system restart processes.
Read More

Dispatch

AEMO conducts the NEM through a centrally coordinated dispatch process that includes management of bidding scheduling and dispatch of generators
Read More

EAAP

Reports investigating the potential impact of the drought (within eastern and south-eastern Australia) on electricity supplies in the National Electricity Market.
Read More

Loss Factors

The impact of network losses on spot prices is mathematically represented as transmissions and distribution loss factors. Loss factors are calculated and fixed annually to facilitate efficient scheduling and settlement processes in the NEM.
Read More

Power System Adequacy – Two Year Outlook

The Power System Adequacy - Two Year Outlook has been prepared by AEMO to complement the existing Electrical Statement of Opportunities (ESOO), by focusing on the capability of the electrical power system to meet a possible range of conditions in the coming two years.

Reports

AEMO publishes reports on market events, power system operations events, operating incidents, pricing events, price revisions, and directions, as well as a weekly bulletin.
Read More

Reserve Management

AEMO's reserve management role is part of maintaining the power system in a reliable operating state.
Read More

System Operating Procedures

AEMO's system operating procedures are developed primarily for AEMO operations staff to provide information related to the management of the NEM and security of the power system.
Read More

SRA

Inter-regional settlement residue is the difference between the value of energy in one region and the value of that energy once  it has been transferred to another region. The Settlement Residue Auctions are intended to improve the efficiency of the NEM by promoting inter-regional trade. By making the settlement residues available to the market place, the risks of trading between regions can be better managed.
Read More