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Regulatory Framework

ElectraNet operates within the National Electricity Market (NEM). The NEM is overseen by three main market institutions: the Australian Energy Market Commission (AEMC), the Australian Energy Regulator (AER) and the Australian Energy Market Operator (AEMO)

Device Regulatory Framework

ElectraNet’s regulatory framework explained

As the principal Transmission Network Service Provider in South Australia, ElectraNet operates within the National Electricity Market (NEM).

There is a strong governance structure in place that separates these distinct functions and provides for independent decision-making with clear accountabilities and objectives, together with appropriate checks and balances.

The NEM operates within the framework of the National Electricity Rules, under joint legislation enacted by the participating States and Territories, and is overseen by three main market institutions.

 

Australian Energy Market Commission (AEMC)

Responsible for rule making and market development.

Australian Energy Regulator (AER)

Responsible for economic regulation and rule enforcement.

Australian Energy Market Operator (AEMO)

Responsible for market and power system operation.