AEMO manages the day-to-day operations of a number of electricity and gas markets and information services, as well as providing strategic forecasting and planning advice.
AEMO has strategic partnerships with institutions and energy brands across Australia and globally, including the Bureau of Meteorology (BOM) and CSIRO.
In addition to regular consultations, AEMO runs regular working groups and forums that allow energy stakeholders to discuss issues and share information.
The Library captures procedures, guides and major reports that live elsewhere on the site.
Australia’s energy system has a governance structure that includes AEMO, the Australian Energy Regulator (AER), the Australian Energy Market Commission (AEMC), the Energy Security Board (ESB) and the Council of Australian Governments (COAG) Energy Council.
AEMO is an independent organisation that operates on a user-pays cost-recovery basis, with all operating costs recovered through fees paid by industry participants. Our ownership is shared between government and industry.
On 1 October 2021, Five-Minute Settlement (5MS) commenced in the National Electricity Market (NEM), aligning operational dispatch and financial settlement at five-minutes in accordance with the AEMC’s 5MS rule. On this day, AEMO also began reporting on unaccounted for energy (UFE) values as part of the Global Settlement (GS) soft-start. AEMO will continue to work with industry to implement the full GS changes on 1 May 2022, as per the AEMC’s GS rule.
