An entity that combines the functions of the Market OperatorThe Market Operator (MO) is responsible for operating an org... Click for more and System OperatorThe is responsible for maintaining the System Security and R... Click for more to ensure secure, reliable and efficient provision of ElectricityA form of Energy and set of physical phenomena that result f... Click for more services with a primary focus on the Bulk Power SystemThe large-scale Generation Plant and other Energy Resources ... Click for more.
At the highest level, this will include responsibility for:
a) System forecasting and planning: to ensure Resource AdequacyThe ability of the Power System to supply the total aggregat... Click for more and Integrated System Planning over various time horizons;
b) Real-time system operation: maintaining System SecurityThe ability to continue operating the Power System within de... Click for more and the instantaneous management of Supply Demand BalanceWhere the amount of Electricity provided by Generation Plant... Click for more; and,
c) Market operations: to value, incentivise, procure and coordinate the provision of EnergyElectrical Energy is the product of electrical Power and tim... Click for more, PowerElectrical represents rate at which Energy is transferred th... Click for more, System FlexibilityThe ability of the Power System to respond to both expected ... Click for more and Essential System Services (ESS)A set of critical physics-based services required to maintai... Click for more.