Australia’s Energy Options: Policy choice not economic inevitability

This final report provides key recommendations drawn from each policy perspective but also looks at the Australian electricity market and opportunities to improveits efficiency and effectiveness.

New recommendations in this report include:

• That state governments divest their ownership of network service provisionassets, or if this does not happen, at the very least, change regulatory oversight arrangements to take account of state-ownership;
• Steps be taken to speed up the roll-out of smart meters and also time-of-use pricing to allow better consumer control of electricity use;
• An education campaign be undertaken to better educate consumers about their energy use and the real cost of electricity, such as during peak demand periods; and
• Concession provisions be reviewed to ensure all households in hardship can beappropriately identified.

CEDA undertook this series over 12 months because the combination of these issues had the potential to not only set-up Australia with low-cost efficient energy supplies for all Australian consumers but also open up significant export opportunities potentially delivering substantial gains to our economy.

Read: nuclear energy, renewables and efficiency, and unconventional energy options. 

Additional chapter

The contribution of monopoly network service providers to electricity price rises in the National Electricity Market. By Carbon Market Economics (CME), Director, Bruce Mountain
















 

Watch: Interview with CEDA CEO Professor the Hon. Stephen Martin