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.