Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The National Electricity Market Management Company Limited (NEMMCO) was the Wholesale Market and Power System Operator for the Australian National Electricity Market (NEM). NEMMCO was established in 1996 to administer and manage the NEM, develop the market and continually improve its efficiency and as of 1 July 2009 was replaced by Australian Energy Market Operator. The governments of Queensland, New South Wales, the Australian Capital Territory, Victoria, South Australia and Tasmania are members of NEMMCO. Each of these governments nominates a director to the NEMMCO board. NEMMCO is a company under Corporations law. It operates on a break-even basis by recovering the costs of operating the NEM and running the organisation by levying fees against market participants. The fees are complex, and comprise both fixed and variable components that take into account the type of participant and their share of trade in the market. The structure of fees payable to NEMMCO is determined periodically, while the actual fee levels are set annually.

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