NEM definition

NEM means the National Electricity Market administered by AEMO in accordance with the NER.
NEM means Neo Material Technologies Inc., the predecessor entity to Neo, which was acquired by Molycorp in the Molycorp Acquisition;
NEM means NASCAR Event Management, Inc. which has been authorized by the National Association for Stock Car Auto Racing, Inc. (“NASCAR”) to grant certain NASCAR-owned and/or NASCAR-controlled rights to PROMOTER and perform certain obligations that are specified in this Agreement.

Examples of NEM in a sentence

  • Please note that If the NEM: WA and/or the NEM: AQA is applicable to the proposed development, an advertisement must be placed in at least two newspapers.

  • Part PA Reliability Settings: Information Safety Net and Directions 11.21 Rules consequential on the making of the National Electricity Amendment (NEM Reliability Settings: Information Safety Net and Directions) Rule 200811.21.1 DefinitionsIn this rule 11.21:Amending Rule means the National Electricity Amendment (NEM Reliability Settings: Information Safety Net and Directions) Rule 2008 No. 6.Commencement date means the date the Amending Rule commences operation.

  • The physical production of electricity is carried out using various technologies and transported through high voltage transmission lines to distribution networks that operate at low voltage and deliver electricity to End Users at the required voltage.In financial terms, Generators who produce electricity in the NEM are required to sell their output through the spot market operated by AEMO (the NEM is a wholesale market).

  • You agree that you will continue to take NEM Service for as long as this Agreement is in effect.

  • Retailers, referred to as Market Customers in the spot market, purchase this electricity from the spot market and then sell it to End Users.Full retail contestability prevails throughout the NEM, which means that any End User can purchase electricity from a retailer of their choice.


More Definitions of NEM

NEM means a Utility tariff or rule under which customers with qualifying renewable energy projects may “bank” the value of renewable energy produced in periods when such production exceeds the customer’s usage during that period and allows the customer to benefit from such “banked” value during periods when the renewable energy production is less than the customer’s usage.
NEM means the National Electricity Market as defined in the Rules.
NEM means the National Electricity Market as defined in the Rules. New Technology means any and all technology however embodied, including without limitation processes, formulae, reports, documents, notes, drafts, drawings, specifications, software, blue- prints, know-how, research data, discoveries, inventions, secrets, designs or improvements in procedures and where the context so requires, apparatus and equipment utilising same.
NEM means the national electricity market governed by the NEL and the National Electricity Rules;
NEM means SCE’s Net Energy Metering tariffs, including Schedules NEM, NEM-ST, NEM-V, NEM-V--ST, MASH-VNM and MASH-VNM-ST.
NEM here means Schedule NEM or NEM2 (including NEMA, NEM2A, NEMMT, NEM2MT, and the California Department of Corrections and Rehabilitation or The Armed Forces as described in Schedule NEM or NEM2), Schedules NEMV or NEM2V, Schedules NEMVMASH or NEM2VMSH, or Schedule NEMFC (including NEMFCA and/or NEMMT as described in Schedule NEMFC.)
NEM means the market for wholesale trading in electricity operated by NEMMCO under the