National Electricity Market
Key Facts
Abbreviation
NEM
Pronunciation
/ˈnæʃənəl ɪˌlɛkˈtrɪsəti ˈmɑrkɪt/
Category
Miscellaneous
Related Field
Unclassified
Examples in Context
- A competitive national electricity market increases the incentive to reduce maintenance costs and outages on the transmission network. There is a particular need to reduce the frequency and duration of forced outages caused by equipment defects.
- With the reformation deepening of the national electricity system, electricity market has been gradually forming.
- With the prosperity of the national economy and the domestic electricity market, the continuous development of city construction, city load is increasing, and higher demands about power quality and reliability is proposed.
- Electricity is very important in the social economy, it is the foundation of the national economy, the quality of the electricity market operation, will be directly related to the safe operation and healthy development of the national economy.
- The new achievements and experiences of national and international reactive power price fields in electricity market in recent years are studied, and the reactive power costs, reactive power optimization algorithms and reactive power pricing mechanisms in the exiting literatures are analyzed.
Other meanings of NEM
Network Equipment Manufacturer
Computing
Newmont MIning Corporation
Business
Nothing Else Matters
Internet
New Evangelical Movement
Community
Net Energy For Maintenance
Business
New European Media
Community