The power system and market are increasingly underpinned by digital technologies that make it easier to choose and control how, when and where power is delivered and used.

The power system and market are increasingly underpinned by digital technologies that make it easier to choose and control how, when and where power is delivered and used. We are increasingly focussing on embracing market frameworks so customers can reap the benefits of these technologies.

We are seeing an increasing number of innovative energy products that allow consumers to self-manage their energy in ways that have previously not been accessible.

Smart technologies and new frameworks mean large energy users are able to take advantage of demand response – allowing our power system to avoid building additional generation or transmission capacity that would be needed to service peaks that only occur for a few hours a year.

For those involved in operating the power system, this granular data provided by increasing levels of digitalisation will underpin more efficient operational and investment decisions. Policy makers will also be able to use digital technologies to inform their policy decisions.

The AEMC is leading work with the Energy Security Board in setting up a two-sided market. This will allow for the more efficient integration of demand response and distributed energy resources like rooftop solar PV, batteries and electric vehicles.

Key projects considering changes required in this priority area of reform include:

 

Read more about what the AEMC has done to lay the foundations so customers can benefit from the digitalisation of energy supply.