Northern Territory Electricity Market Consultation Functional Specification
On 7 February 2019, the Department of Treasury and Finance (DTF) released the Northern Territory Electricity Market (NTEM) Consultation Draft Functional Specification for consultation with stakeholders.
The NTEM Functional Specification will outline how each of the functional components of the proposed market arrangements will operate and interact with each other. The Functional Specification is planned to be the primary reference document for the detailed design and implementation of arrangements to manage reliability and security of supply, trading and dispatch activities, metering and settlement and how the NTEM is to support the Territory Government’s renewable energy target.
Download the consultation paper.
The deadline for interested stakeholders to make submissions was extended to 16:00 on Friday, 29 March 2019. Submissions were received from:
DTF is currently reviewing the submissions.