The Demand Management Incentive Scheme

AU Energy Compliance
Last month we talked about Australian Energy Market Operator (AEMO) and Australian Renewable Energy Agency (ARENA) funding of the ‘Innovative Demand Response Initiative’ trials In today’s article, we look at the recent release of the Australian Energy Regulator’s (AER) Demand Management Incentive Scheme (the Scheme). Like the Innovative Demand Response Initiative, the Scheme is also aimed at reducing network pressure by the pro-active management of electricity demand, rather than electricity supply. This scheme focuses on incentivising demand management for Distribution Network Service Providers (DNSPs) only. Background to the Demand Management Incentive Scheme The Independent Review into the Future Security of the National Electricity Market (the ‘Finkel Report’), released earlier this year, recognised the effect the continuing retirement of older energy generators will have on the National Energy Market (NEM).…
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