Power and Water Corporation performs the role of Market Operator for all electricity generators and retailers who use the power networks and infrastructure we maintain.
The Market Operator is responsible for:
- wholesale trading arrangements between generators and retailers, through the Interim Northern Territory Electricity Market (I-NTEM)
- registration of all market participants operating in the electricity market
- market settlements that involve the calculation and issue of invoices to retailers and credit notes to generators
- daily publication of market prices and other wholesale trading data.
What is the I-NTEM?
The Interim Northern Territory Electricity Market (I-NTEM) provides a framework to facilitate the wholesale exchange of electricity between generators and retailers. Within the I-NTEM framework, the Market Operator manages this exchange based on the System Control Technical Code.
Under the I-NTEM, retailers operate in a competitive environment that provides customers with choice. Consumers can choose to buy electricity from any of the retailers licensed by the Utilities Commission.