The New Zealand electricity market (NZEM) is a decentralised electricity market regulated by the Electricity Industry Participation Code administered by the Electricity Authority (EA). The authority was established in November 2010 to replace the Electricity Commission.
The electric power industry covers the generation, transmission, distribution and sale of electric power to the general public and industry. The commercial distribution of electric power started in 1882 when electricity was produced for electric lighting. In the 1880s and 1890s, growing economic and safety concerns lead to the regulation of the industry. What was once an expensive novelty limited to the most densely populated areas, reliable and economical electric power has become an essential aspect for normal operation of all elements of developed economies.
Transpower New Zealand Limited (TPNZ) is the state-owned enterprise responsible for electric power transmission in New Zealand. It performs two major functions in the New Zealand electricity market. As the owner of the National Grid it provides the infrastructure of electric power transmission that allows consumers to have access to generation from a wide range of sources, and enables competition in the wholesale electricity market; as system operator it manages the real-time operation of the grid and the physical operation of the electricity market.
The Electricity Supply Board is a state owned electricity company operating in the Republic of Ireland. While historically a monopoly, the ESB now operates as a commercial semi-state concern in a "liberalised" and competitive market. It is a statutory corporation whose members are appointed by the government of Ireland.
The National Grid is the high-voltage electric power transmission network serving Great Britain, connecting power stations and major substations, and ensuring that electricity generated anywhere on the grid can be used to satisfy demand elsewhere. The network serves the majority of Great Britain and some of the surrounding islands. It does not cover Northern Ireland, which is part of the Irish single electricity market.
Northern Ireland Electricity Networks Limited (NIE Networks) is the electricity asset owner of the transmission and distribution infrastructure in Northern Ireland, established in 1993 when the business was privatised. NIE Networks does not generate or supply electricity. Since 2010 it has been a subsidiary of ESB Group.
The National Electricity Market (NEM) is an arrangement in Australia's electricity sector for the connection of the electricity transmission grids of the eastern and southern Australia states and territories to create a cross-state wholesale electricity market. The Australian Energy Market Commission develops and maintains the Australian National Electricity Rules (NER), which have the force of law in the states and territories participating in NEM. The Rules are enforced by the Australian Energy Regulator. The day-to-day management of NEM is performed by the Australian Energy Market Operator.
A transmission system operator (TSO) is an entity entrusted with transporting energy in the form of natural gas or electrical power on a national or regional level, using fixed infrastructure. The term is defined by the European Commission. The certification procedure for transmission system operators is listed in Article 10 of the Electricity and Gas Directives of 2009.
The East–West Interconnector is a 500 MW high-voltage direct current submarine and subsoil power cable which connects the Irish and British electricity markets. The project was developed by the Irish national grid operator EirGrid.
TenneT is a transmission system operator in the Netherlands and in a large part of Germany.
ISO New England Inc. (ISO-NE) is an independent, non-profit regional transmission organization (RTO), headquartered in Holyoke, Massachusetts, serving Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.
Réseau de Transport d'Électricité, usually known as RTE, is the electricity transmission system operator of France. It is responsible for the operation, maintenance and development of the French high-voltage transmission system, which at approximately 100,000 kilometres (62,000 mi), is Europe's largest.
An electrical grid is an interconnected network for electricity delivery from producers to consumers. Electrical grids consist of power stations, electrical substations to step voltage up or down, electric power transmission to carry power long distances, and lastly electric power distribution to individual customers, where voltage is stepped down again to the required service voltage(s). Electrical grids vary in size and can cover whole countries or continents. From small to large there are microgrids, wide area synchronous grids, and super grids.
The electricity sectors of the Republic of Ireland and Northern Ireland are integrated and supply 2.5 million customers from a combination of coal, peat, natural gas, wind and hydropower. In 2022, 34 TWh were generated. In 2018 natural gas produced 51.8%, while wind turbines generated 28.1%, coal 7%, and peat 6.8% of Ireland's average electricity demand. In 2020 wind turbines generated 36.3% of Ireland's electrical demand, one of the highest wind power proportions in the world. While the United Kingdom was one of the first countries in the world to deploy commercial nuclear power plants, the island of Ireland has never had a nuclear power plant built on either side of the Irish border. Nuclear power in Ireland was discussed in the 1960s and 1970s but ultimately never phased in, with legislation now in place explicitly forbidding its introduction.
The electricity sector in Iceland is 99.98% reliant on renewable energy: hydro power, geothermal energy and wind energy.
Powerlink Queensland is an electricity transmission system operator owned by the Government of Queensland which operates the high-voltage electricity transmission infrastructure in Queensland.
The electricity sector in the Philippines provides electricity through power generation, transmission, and distribution to many parts of the country. The Philippines is divided into three electrical grids, one each for Luzon, the Visayas and Mindanao. As of June 2016, the total installed capacity in the Philippines was 20,055 megawatts (MW), of which 14,348 MW was on the Luzon grid. As of June, 2016, the all-time peak demand on Luzon was 9,726 MW at 2:00 P.M. on May 2, 2016; on Visayas was 1,878 MW at 2:00 P.M. on May 11, 2016; and on Mindanao was 1,593 MW at 1:35 P.M. on June 8, 2016. However, about 12% of Filipinos have no access to electricity. The Philippines is also one of the countries in the world that has a fully functioning electricity market since 2006 called the Philippine Wholesale Electricity Spot Market(WESM) and is operated by an independent market operator.
The Commission for Regulation of Utilities, formerly known as the Commission for Energy Regulation, is the Republic of Ireland's energy and water economic utility regulator.
Marinus Link is a proposed 750 megawatt capacity high voltage direct current (HVDC) electricity interconnector, to strengthen the connection between the Australian states of Tasmania and Victoria, on Australia's National Electricity Market. Due to inflation, Marinus link was scaled back from an initial plan of 1500 MW via two cables, down to 750 MW via one cable. It involves approximately 250 km of subsea cables and approximately 90 km of underground land cables. Marinus Link will also incorporate significant optical fibre capacity for system control, with the remaining capacity available to strengthen telecommunications and data connectivity between the regions. Marinus Link will be supported by approximately 220 km of high voltage alternating current (HVAC) of proposed transmission developments in North West Tasmania, known as the North West Transmission Developments (NWTD). Collectively, Marinus Link and the North West Transmission Developments are known as Project Marinus. In October 2022, authorities pledged loans for the project, as well as supporting facilities such as pumped hydro in Tasmania.
