About the IMO

The IMO was established pursuant to the Electricity Industry Act 2004, as a body corporate responsible for the administration and operation of the Western Australian Electricity Market in accordance with the Wholesale Electricity Market Rules. Its functions are conferred by the Electricity Industry (Wholesale Electricity Market) Regulations 2004 and the Electricity Industry (Independent Market Operator) Regulations 2004. Further information on these regulations can be found here.

Governance

The IMO's governing body is a Board of three Directors appointed by and responsible to the Minister.

The Chairman is Mr John Kelly. He was a founding Director of the IMO in December 2004 and was appointed Chairman of the IMO in April 2006. He has spent his working career in the power industry retiring from Western Power, as General Manager Distribution, in 2000. Mr Kelly was a member of the Electricity Reform Taskforce that provided a blueprint for a competitive electricity industry to Government in 2002. He became the independent member of the Electricity Reform Implementation Steering Committee.

Mr Kelly has a Bachelor of Engineering (Mechanical), a Diploma in Business Management and is a Fellow of the Institute of Engineers, Australia.

Mr Kelly's current term expires on 3 March 2009.

Mr Shaun Dennison was appointed Director of the IMO in April 2006 . He has had 16 years experience in corporate advisory and project management roles with a focus on energy and water sector reform. He was appointed by the electricity industry as one of two independent members of the Information Exchange committee, established under the National Electricity Rules.

Mr Dennison has a Bachelor of Commerce and is a member of the Institute of Chartered Accountants and the Institute of Company Directors.

Mr Dennison's current term expires on 3 March 2010.

Mr David Huggins was appointed to the IMO Board in November 2006 for a two year term. Mr Huggins is a lawyer specialising in financial services industry regulation and compliance. He currently has his own legal practice and has previously held positions with the Australian Stock Exchange, Australian Securities Commission and a major law firm.

Mr Huggins has a Bachelor of Laws, Bachelor of Arts, is a Barrister and Solicitor of the Supreme Court of Western Australia and a member of the Australasian Compliance Institute.

Corporate Structure

The Chief Executive Officer is responsible for implementing the Board's decisions and strategies and maintaining the highest levels of service and financial performance. In carrying out these tasks, the CEO is assisted by the IMO's Management team. The IMO is a small organisation employing 15-20 people.

The IMO is organised into five distinct workgroups that are organised in a flat structure as shown.

IMO's Strategic Objectives

Operational Effectiveness and Efficiency

• The IMO team, and its systems and processes have strong integrity and operate effectively and efficiently.

• Generation and demand side management capacity is sufficient to meet demand.

Market Development

• Evolution of the market is appropriate and managed effectively.

Customer and Stakeholder Satisfaction

• The IMO is recognised as effectively managing relations and communications in support of the Market.

Financial Responsibility

• Market costs are minimized and funds are used effectively.

IMO Values

The things we value include:

• We act without "fear or favour" and are fair, consistent and transparent in our actions.

• We work as a strong team, being supportive of each other, treat each other with respect and are appreciative of others' input.

• We encourage innovation and are receptive to new ideas; we strive for continuous learning and improvement, and share our knowledge.

• We are professional and committed to what we do. We apply our skills and expertise well and celebrate our successes.