17
Hugh Outhred: Wind Energy in the Australian National Electricity Market
NEM industry & market structure
Gen 1
Gen 2
Gen X
Generation
Sector:-
large
generators
Gen 3
Transmission
Sector
NSW
Victoria
South Aust.
Queensland
& possibly
Tasmania
Electricity
Financial instrument
& REC (emission) trading
Distributor 1
Distributor 2
Distributor Y
Distribution
sector
Electricity
Multi-region
National
Electricity
Market
(NEM)
Intentions
offers &
payments
Retailer Z
Retailer 2
Retailer 1
Retail
sector
Intentions
bids &
payments
Tx network
pricing
Left Arrow: Tx network pricing
Tx network
pricing
Left Arrow: Network access
Network
access
End-use
Equipment
&
Distributed
resources
Electricity
End-use
sector
Contestable
end-users
Franchise
End-users
Retail
Markets
Embedded
generators