Industry Weighs In on NEM Wholesale Market Review

The National Electricity Market (NEM) wholesale market review consultation period has closed, with industry leaders submitting their recommendations to the Department of Climate Change, Energy, the Environment and Water (DCEEW).

Calls for stronger investment signals & competitive neutrality

Suggests certificate schemes & capacity markets to drive investment

Highlights contract market & system service reforms

Coal exit & renewables dependency could cause energy shortfalls

Recommends investment in flexible, dispatchable energy sources

Advocates for valuing system security services via spot markets

Identifies five key challenges in transitioning to renewables

Emphasizes investment in storage, interconnections & gas supply

Supports retaining market strengths while addressing critical gaps

DCEEW will analyze submissions to shape NEM policies, ensuring affordable, secure, and sustainable electricity for consumers.

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