AEMO has prepared this inaugural Integrated System Plan (ISP) for the National Electricity Market (NEM). The ISP was recommended by the Independent Review into the Future Security of the NEM (Finkel Review).
AEMO has called this an Integrated System Plan (ISP), rather than an integrated grid plan, to reflect that over time, the ISP will by necessity consider a wide spectrum of interconnected infrastructure and energy developments including transmission, generation, gas pipelines, and distributed energy resources. The 2018 ISP is not the end of the process, but rather the first of many steps, with updates in future years to reflect the dynamically changing nature of the power system and the need to continually innovate and evolve strategies for the future.
The first ISP delivers a strategic infrastructure development plan, based on sound engineering and economics, which can facilitate an orderly energy system transition under a range of scenarios.