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New rules flag big switch in energy markets to cheaper, smarter grid

April 12, 2017 - 11:00 -- Admin

AEMC indicates its support for switch to 5-minute settlement period, albeit with a 3-year transition period, and to a new rule that could allow alternatives to investment in more poles and wires. Both offer incentives to storage, demand response, and local renewables, and herald a more rapid shift to a smarter, cleaner and cheaper grid.

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