In another significant step towards 50% renewables by 2030, the Northern Territory Government announced priority electricity market reforms to address system security and reliability, encourage private investors and maximise the amount of renewable power in the network.

These priority electricity market reforms will encourage investment in innovative solutions to the challenges of a modern energy market. Better integration of new, cleaner and cheaper power technologies in our electricity systems will boost industry and create jobs for Territorians.

These reforms will:

• improve coordination of solar and gas-fired generators (dispatch)
• ensure there is sufficient generation capacity available to meet consumers’ needs (reliability)
• facilitate payments between retailers and generators (settlement)
• improve the efficiency of the provision of essential power system security services (system services).

View the Northern Territory Electricity Market Priority Reform Program and Essential Systems Services consultation papers on the Department of Industry, Tourism and Trade website.

For more information

Design Development Team
Northern Territory Electricity Market Priority Reform Program
Department of Treasury and Finance and Department of Industry, Tourism and Trade
electricityreform@nt.gov.au