ISP Methodology
ISP Methodology Consultation
Published every two years, AEMO’s Integrated System Plan (ISP) is a roadmap for the transition of the power system that underpins the National Electricity Market (NEM), with a clear plan for essential infrastructure that will meet future energy needs.
The ISP draws on a comprehensive set of inputs, including all relevant federal and state government policies for emissions reduction, and seeks the optimal mix of generation, storage and network infrastructure investment.
This consultation on the ISP Methodology provides an opportunity to ensure that the modelling and cost benefit analysis approaches used to prepare the ISP are fit for purpose in the context of Australia’s energy transition.
The ISP Methodology is being updated to complete a four-yearly review requirement and to incorporate the Energy Ministers’ response to the review of the ISP.
AEMO welcomes stakeholder feedback on the ISP Methodology, including on the changes proposed in the issues paper, namely:
- Integrating gas in the ISP
- Improving demand-side modelling
- Assessing actionability of transmission projects
- Enhancing selected ISP modelling approaches.
Submissions are invited by 6pm AEDT on 22 November 2024. Submissions should be emailed to ISP@aemo.com.au.
AEMO will host a webinar on the proposed changes on Friday, 1 November 2024, from 12:30pm to 2:00pm AEDT. Register here to attend.
The Webinar will be recorded and available on the Consultation page.
Consumer advocates can register here to provide their submission verbally on 20 November 2024.