Energy and Climate Change Ministerial Council

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Two-sided markets

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On 6 December 2019, COAG Energy Council tasked the ESB with investigating interim measures to preserve reliability and system security in the NEM as it transitions to 2025.

The ESB was asked to provide advice on greater visibility to the amount of energy and demand response resources available at any given time; and to consider ahead markets within the broader design of a 2-sided market.

This paper provides a high-level overview of what a 2-sided market could look like and its key foundations. It also outlines the features for how supply and demand should participate to get the greatest benefits.

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