Microgrid Electricity Market Operator

The Microgrid Electricity Market Operator (MEMO) demonstrates the market potential for a third-party entity responsible for microgrids. The project demonstrated how this entity can manage customers’ energy use preferences, and use those preferences to create economic value to optimise customer costs. This is achieved by providing a means for customers to participate in providing energy services to broader markets. This project was supported by the Victorian Government’s Microgrid Demonstration Initiative.

Victorian Market Assessment for Microgrid Electricity Market Operators

Monash has undertaken work to understand and quantify the value proposition presented by microgrids to Victoria in the context of the current Victorian regulations and constraints; and provide initial regulatory, policy, and market reform recommendations.