Our GM of Australia, Rod Boyte, gives a stern warning about the demise of the NEM.
Australia’s National Electricity Market (NEM), which has served the eastern and southern states for 20 years, may be heading towards its demise.
The NEM framework has operated well over this time, but with a shift to renewables it’s increasing doubtful that the NEM is an appropriate system for the future of electricity in this country.
NEM’s current objective is “to promote efficient investment in, and efficient use of, electricity services for the long-term interests of consumers”.
Read the full article: Energy expert predicts possible demise of the NEM.
