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The document discusses the electricity markets in Australia and the Philippines. In Australia, connecting all parts of the country is challenging due to its vast geography and unpopulated central region. The restructuring of Australia's electricity market was a gradual process involving "test runs" of electricity buying and selling within states in the 1990s prior to establishing the National Electricity Market in 1998. The main players in restructuring were state governments, the National Grid Management Council, and the National Competition Council, which provided incentives to encourage states to deregulate generation and retail sectors. In the Philippines, the main challenge to interconnection is also the archipelagic geography and underdeveloped areas. Restructuring occurred upon passing the Electric Power Industry Reform Act in 2001
The document discusses the electricity markets in Australia and the Philippines. In Australia, connecting all parts of the country is challenging due to its vast geography and unpopulated central region. The restructuring of Australia's electricity market was a gradual process involving "test runs" of electricity buying and selling within states in the 1990s prior to establishing the National Electricity Market in 1998. The main players in restructuring were state governments, the National Grid Management Council, and the National Competition Council, which provided incentives to encourage states to deregulate generation and retail sectors. In the Philippines, the main challenge to interconnection is also the archipelagic geography and underdeveloped areas. Restructuring occurred upon passing the Electric Power Industry Reform Act in 2001
The document discusses the electricity markets in Australia and the Philippines. In Australia, connecting all parts of the country is challenging due to its vast geography and unpopulated central region. The restructuring of Australia's electricity market was a gradual process involving "test runs" of electricity buying and selling within states in the 1990s prior to establishing the National Electricity Market in 1998. The main players in restructuring were state governments, the National Grid Management Council, and the National Competition Council, which provided incentives to encourage states to deregulate generation and retail sectors. In the Philippines, the main challenge to interconnection is also the archipelagic geography and underdeveloped areas. Restructuring occurred upon passing the Electric Power Industry Reform Act in 2001
Connecting all parts of Australia is a problem because of its Main hinderance to
geography. “Central Australia” or what they call “Outback” yung interconnection is also super gitna is basically deserted/unpopulated that’s why mostly because of hanggang East lang yung NEM geography. PH is an archipelago and many parts of it are underdeveloped (tama ba) Restructuring was a gradual process. Even before the passage Restructuring upon the of the NEM and the first NEL in 1998, there were already “test passing of EPIRA in runs” of an electricity market (buying and selling) within the 2001 states from 1990s-to before NEM in 1998. Victoria and New South Wales were the first to separate their local power industries into 4 (generation, transmission, etc). These were like practice runs to make sure na everything was ready for a nationwide (not rly nationwide kasi only 5 states are part of the NEM) integration of the electricity market. The main players in the restructuring are: 1) local state I’m not sure but I don’t governments (cos they’re the ones actually doing test runs of it think the transition within their own jurisdictions), 2) the National Grid Management from regularised to Council who drafted the NEL and conceptualized the NEM deregularization due to based on the experiences of each state, 3) and the National EPIRA was a “smooth Competition Council who made sure that each state was process”?? undertaking the reforms effectively. NCC also gave financial incentives to each state to encourage them to deregularize their generation & retail sectors. These incentives were given to “offset” the “monopoly rents” each state was going to lose by deregularizing
TLDR: The restructuring was very carefully planned, and
numerous “test runs” were done even before the creation of the NEM just to make sure that the transition will be smooth. Gets ba