ISP Methodology Consultation

23/10/2024
Market National Electricity Market
StageDiscussion Paper
ConvenorAEMO NEM
Initiated23/10/2024
Accepting submissions?Yes
Submissions close22/11/2024

Consultation timeline

  • Issues paper published
    23 October 2024
  • Written submissions due on issues paper
    22 November 2024
  • Draft report and Draft ISP Methodology published
    13 March 2025
  • Written submissions due on draft report and Draft ISP Methodology
    14 April 2025
  • Final report and ISP Methodology published, to be applied in the 2026 ISP
    25 June 2025

Published every two years, AEMO’s Integrated System Plan (ISP) is a roadmap for the transition of the power system that underpins the National Electricity Market (NEM), with a clear plan for essential infrastructure that will meet future energy needs. The ISP draws on a comprehensive set of inputs, including all relevant federal and state government policies for emissions reduction, and seeks the optimal mix of generation, storage and network infrastructure investment.

This consultation on the ISP Methodology provides an opportunity to ensure that the modelling and cost benefit analysis approaches used to prepare the ISP are fit for purpose in the context of Australia’s energy transition.

The ISP Methodology is being updated to complete a 4 yearly review requirement and to incorporate the Energy Ministers’ response to the review of the ISP.

AEMO welcomes stakeholder feedback on the ISP Methodology, including on the changes proposed in the issues paper, namely:

  • Integrating gas in the ISP
  • Improving demand side modelling
  • Assessing actionability of transmission projects.
  • Enhancing selected ISP modelling approaches.

Submissions are invited by 6pm AEDT on 22 November 2024. Submissions should be emailed to ISP@aemo.com.au

AEMO will host a webinar on the proposed changes on Friday 1 November 2024, from 12:30pm to 2:00pm AEDT. Register here to attend. 
Consumer advocates can register here to provide their submission verbally on 20 November 2024.

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