Australian Energy Market Operator (AEMO)

AEMO is the electricity and gas market operator for most of Australia. The newest of the markets operated by AEMO is the Short-Term Trading Market (STTM) – a cash market for natural gas, which went live on 1st September 2010. The STTM is initially operating at hubs based around Sydney and Adelaide, with later expansion to other states and territories.

Market Reform was engaged to advise and assist AEMO in a number of areas of the STTM Establishment Project, including:

Market Reform is presently assisting AEMO with the implementation of a new STTM trading hub based around Brisbane

Press Article: http://news.smh.com.au/breaking-news-national/gas-trading-hub-launched-20100901-14myi.html

EirGrid and System Operator for Northern Ireland (SONI):

EirGrid and SONI are the electricity transmission system operators (TSOs) for the Republic of Ireland and Northern Ireland respectively, and jointly operate the Single Electricity Market (SEM) for the island of Ireland.

Market Reform provided a wide range of services to EirGrid’s and SONI’s SEM Establishment Programme and its constituent projects, from inception to completion, including assistance with: programme/project planning and structuring, programme and project management, business planning and organisation design advice, definition of business processes and system requirements, oversight of software vendor implementation activities, advice on market design and market rules, certification of the market optimisation software, and planning of training and operational cutover activities. The market was successfully delivered, on-time and on-budget, on 1st November 2007.

Market Reform has continued to advise EirGrid, SONI and their SEM Operator organisation (SEM-O) on a range of initiatives, including the Day 1+ market release, harmonisation of ancillary services, business process definition, market systems development plan, market solver change management and unit commitment recertification.

New York Mercantile Exchange:

NYMEX is the world's largest energy exchange and clearing house. Its principal focus is on the trading and clearing of derivatives in a range of energy and metals contracts. Market Reform has provided advice to NYMEX on various strategic development initiatives in recent years.

PJM Interconnection:

PJM is the electricity system operator for the mid-Atlantic region of the US and parts of the Midwest, and operator of the world's largest electricity spot market. Market Reform has provided strategic advice to PJM in multiple areas including market development initiatives and other service offerings.

OpenLink Financial:

OpenLink is one of the world's premier providers of commodity trading software. Market Reform has provided system implementation and project management services to OpenLink, in the delivery of trading and downstream processing capabilities for major North American banks and large public utilities.