The proposed changes in this Impact and Implementation Report (IIR) is the culmination of multiple workshops and have resulted in industry developing transition plans. The proposed changes involve adding a new clause (Transitional Provisions) to the Retail Market Procedures (RMP). These changes are required to enable AEMO and Participants to remain compliant with the RMP whilst transition plans are invoked ahead of updated harmonised RMPs taking effect on 2 May 2016.
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AEMO manages the day-to-day operations of a number of electricity and gas markets and information services, as well as providing strategic forecasting and planning advice.
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AEMO has strategic partnerships with institutions and energy brands across Australia and globally, including the Bureau of Meteorology (BOM) and CSIRO.
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In addition to regular consultations, AEMO runs regular working groups and forums that allow energy stakeholders to discuss issues and share information.
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The Library captures procedures, guides and major reports that live elsewhere on the site.
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Australia’s energy system has a governance structure that includes AEMO, the Australian Energy Regulator (AER), the Australian Energy Market Commission (AEMC), the Energy Security Board (ESB) and the Council of Australian Governments (COAG) Energy Council.
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AEMO is an independent organisation that operates on a user-pays cost-recovery basis, with all operating costs recovered through fees paid by industry participants. Our ownership is shared between government and industry.