Just before Christmas, the Northern Territory Government formally announced that from 1 July 2014 the Power and Water Corporation (PWC) will be restructured to create two new stand-alone government owned corporations with separate boards, one for electricity retail and the other for generation. The move is designed to open up the Northern Territory electricity market to competition. Whether there is a sufficient market in the Northern Territory to attract additional providers is the critical issue, but it does pave the way for interested parties to make that assessment.