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REMCo
is the Retail Market Administrator for the contestable retail gas
markets of South Australia and Western Australia. REMCo's role is
to administer business processes between the gas market businesses
in Western Australia and South Australia that allow gas retailers
to cost effectively compete for the supply of gas to almost 1,000,000
customers in these states.
The four primary business process areas that REMCo administers are:
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Delivery Point Management – managing
the transfer of responsibility for gas delivery points between
retailers; |
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Balancing, Allocation and Reconciliation
Management – managing the daily allocation of gas usage
to retailers to enable settlement of gas supply and transmission
contracts; |
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Rule Change Management – managing further
development and improvement of the rules governing the operation
of the retail gas markets; and |
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Compliance Management – managing and
enforcing compliance with the rules governing the operation
of the retail gas market. |
The REMCo Scheme is the first gas market scheme that involves cooperation
between two significant gas markets. Without the cooperation between
these gas markets, retail competition could not have been cost effectively
delivered in South Australia and Western Australia. |
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