Who are the owners of this system and how is the price of power determined?

Demand for electricity in the National Electricity Market (NEM) declined or remained ?at for six consecutive years to 30 June 2015.

 

WA/NT/Tas

Qld

NSW

ACT

Vic

SA

Generation

Government

Government

 

 

 

 

Distribution

Government

Government

ESE, ENE, AG

AAGL

ANSED, JEDV, UEEDV,
PEDNV, SPEDVV

SAPN

Transmission

Government

Government

TG

 

TO

EN

Retail

SYN 52%, Govern

 

 

 

 

 

AGL = AGL Energy,
OE = Origin Energy.
EA = EnergyAustralia (owned by Hong Kong-based China Light and Power)
AAGL = ActewAGL Distribution Ltd (50% government owned, 50% Jemena)
JEM = Jemena, 60% share by SG, 40% by SPI
SPI = Singapore Power International
SG = State Grid (Chinese government owned)
CKI = Cheung Kong Infrastructure (Hong Kong-listed)
ANSED = AusNet Services Electricity Distribution (20% share by SG)
JEDV = Jemena Electricity Distribution Victoria (100% owned by JEM)
UEEDV = United Energy Electricity Distribution Victoria (34% owned by SG)
CPEDVV = CitiPower Electricity Distribution Network Victoria (51% owned by CKI)
PEDNV = Powercor Electricity Distribution Network Victoria (51% owned by CKI)
TO = Transmission Operations (Australia) Pty Ltd Victoria (50% owned by CKI)
SAPN = SA Power Networks Electricity Distribution (51% owned by CKI)
EN = ElectraNet (46.5% share by CKI)
ESE = Essential Energy (NSW government)
ENE = Endeavour Energy (NSW Government)
AG = Ausgrid (to be sold by NSW government)
TG = TransGrid (commercially owned)
SYN = Synergy (WA government)

[Ref 3]

Maximum demand, which is a key driver of network
investment, has also been ?at.

Wholesale electricity in eastern and southern Australia is
traded through the NEM, spanning Queensland, NSW,
Victoria, South Australia, Tasmania and the Australian
Capital Territory (ACT). A transmission grid covering
fve state based networks and several cross-border
interconnectors physically links the market.