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What is the NEM (National Electricity Market)?
Quick Answer
The NEM (National Electricity Market) is one of the largest interconnected electricity systems in the world. It covers around 40,000 km of transmission lines and cables, supplying around 9 million customers.
The NEM is a wholesale market through which generators and retailers trade electricity in Australia. It interconnects the six eastern and southern states and territories and delivers around 80% of all electricity consumption in Australia. Tasmanian energy retailers are part of the NEM.
Read more about the National Electricity Market here