Australian Energy Market Operator

As the National Energy Market Operator and planner, Australian Energy Market Operator (AEMO) plays an important role in supporting the industry to deliver a more integrated, secure, reliable and cost effective national energy supply. AEMO operates the energy markets and systems and also delivers planning advice in eastern and south-eastern Australia. AEMO was previously the National Electricity Market Management Company and was renamed and restructured on 1 July 2009 to become the single, industry-funded, national energy market operator, following a decision by the Council of Australian Governments on 13 April 2007. AEMO assumed the functions of the previous National Electricity Market Management Company, the Victorian Energy Networks Corporation, the Electricity Supply Industry Planning Council, the Retail Energy Market Company, the Gas Market Company, and the Gas Retail Market Operator. The Commonwealth also subsequently became a member of AEMO. The AEMO is a company limited by guarantee and is governed by the AEMO Constitution agreed to by members. It's membership is comprised of 60 per cent government and 40 per cent industry. Appointments to the AEMO Board require approval by the Energy Ministers.