Northern Territory electricity market

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.

The deadline for interested stakeholders to make submissions was extended to 16:00 on Friday, 29 March 2019. Submissions were received from:

• Jacana Energy
• Energy Developments Limited
• UGL
• Ekistica
• NT Solar Futures
• Local Government Association of the Northern Territory
• Northern Territory Council of Social Services
• Tetris Energy
• Epuron
• Infrastructure Capital Group

DTF is currently reviewing the submissions.