The start of the Wholesale Electricity Market on 21 September 2006 was a milestone on the road to a reliable, sustainable and competitive electricity market. The IMO was established pursuant to the Electricity Industry Act 2004. A body corporate, the IMO is responsible for the administration and operation of the Western Australian Wholesale Electricity Market in accordance with the Market Rules.
The IMO’s aim is to provide and maintain an effective infrastructure for the efficient operation of the Wholesale Electricity Market in Western Australia.
The IMO’s responsibilities are summarised as :
- administering the market rules,
- operating the Wholesale Electricity Market; and
- facilitating the provision of sufficient generation capacity and demand side management to meet expected demand.
These specific requirements overarch the IMO’s role in promoting the ongoing development of the market with the objective of continually improving its performance to ensure that the market is efficient and effective.
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