Latest News

23 Mar 2018

Insider 32: Understanding the Evolving NEM

This article describes how the IES electricity market forecasting tool, known as PROPHET, is used to model the National Electricity Market (NEM). PROPHET generates long term projections of wholesale electricity prices and dispatched generator outputs.

Insider 32: Understanding the Evolving NEM

This article describes how the IES electricity market forecasting tool, known as PROPHET, is used to model the National Electricity Market (NEM). PROPHET generates long term projections of wholesale electricity prices and dispatched generator outputs. Dispatch modelling can be used to investigate many uncertainties facing the NEM of the future, such as:

  • How will additional coal generator retirements impact wholesale prices?
  • To what extent will energy and pumped water storage participate in the evolving NEM?
  • How will the energy produced from photovoltaic (PV) sources impact the wholesale price in the middle of the day?
  • Will new transmission interconnectors lower wholesale prices?

Understanding the evolving NEM has never been more important for market participants, investors and policy makers.

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12 May 2017

Five Minute Settlement and the Nuclear Option

The AEMC has released a Directions Paper on the rule change proposal submitted by Sun Metals to implement 5 minute settlement. IES has made a submission to the AEMC proposing a more measured, less costly, more quickly implemented and more robust approach.

Five Minute Settlement and the Nuclear Option

The AEMC has released a Directions Paper on the rule change proposal submitted by Sun Metals to implement 5 minute settlement.

IES has made a submission to the AEMC proposing a more measured, less costly, more quickly implemented and more robust approach.

Read more

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