National Electricity Market (NEM) Model

Reliable and Affordable Electric Power Generation Booklet

This report is based on modelling undertaken with the EPC NEM generation mix model. Download a copy of the 4 page “Reliable and Affordable Electric Power Generation” booklet here:  Booklet

Contributing Authors:

Dr Robert Barr AM BE(Hons) ME PhD FIE(Aust) CPEng , Director Electric Power Consulting Pty Ltd

Barry Murphy   BScApp, BE(Chem) CSci MBA  FIChemE FTSE FAICD, Former Chairman & CEO Caltex Australia

Dr Mark Ho   PhD, President Australian Nuclear Association

Martin H Thomas AM FTSE HonFIEAust HonFAIE

Barrie Hill BE MiMechE MIPENZ FIE(Aust), Managing Director SMR Nuclear Technology Pty Ltd

About the Electric Power Consulting (EPC)  National Electricity Market (NEM) Model

How does the EPC NEM Model Work?

Model Assumptions Include

Cost Assumptions

Some examples of Model runs

Base Case 1 ‐ Existing NEM approximation – Case 1
Case 2 – Replace Brown Coal Generation with Nuclear (3,889MW) – Case 2
Case 3 – Replace all Coal Generation with Nuclear (18,889MW) – Case 3
Case 4 – AEMO Neutral case Fig. 9 – 2040 approximation – ISP 2018 – Case 4
Case 5 – Replace all Coal Generation with Combined Cycle Gas (CCGT) – Case 5
Case 6 – 100% Renewables with Solar PV, Wind and Hydro – supported by Pumped Hydro – Case 6


This modelling and documents contains data provided by or collected from third parties, and conclusions, opinions, assumptions or forecasts are based on that data.

 Electric Power Consulting Pty Ltd has made every effort to ensure the quality of the information in this modelling and documents but cannot guarantee that the information, forecasts and assumptions in it are accurate, complete or appropriate for your circumstances. This modelling and documents do not include all of the information that an investor, participant or potential participant in the national electricity market might require, and does not amount to a recommendation of any investment.

 Anyone proposing to use the information in this modelling and documents should independently verify and check its accuracy, completeness and suitability for purpose, and obtain independent and specific advice from appropriate experts.

This modelling and documents will likely be subsequently updated or amended. This document does not constitute legal or business advice. Electric Power Consulting Pty Ltd has made every effort to ensure the quality of the information in this modelling and document but cannot guarantee its accuracy or completeness. 

Accordingly, to the maximum extent permitted by law, Electric Power Consulting Pty Ltd and its officers, employees and consultants involved in the preparation of this document:

 • make no representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of the information in this document and modelling; and

• are not liable (whether by reason of negligence or otherwise) for any statements, opinions, information or other matters contained or derived from this document and modelling, or any omissions from it, or for any use or reliance on the information in it.