Mike Stockley

Mike Stockley

AGL's 5MS Program Manager

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Mike Stockley

15 November 2019
4 minute read

The future of the energy market: the five-minute settlement

In this new world where supply and consumption of electricity is ‘contestable’ – that is, where participants can buy from and sell to whomever will give them the best deal – a new, critical piece of the puzzle was needed. In 1998, the National Electricity Market (NEM) was created.