Mostly working: Australia’s wholesale electricity market

REPORT

by Tony Wood and David Blowers

Wholesale electricity prices rose by 130 per cent between 2015 and 2017. But governments can’t fix the problem, because most of the price rises are caused by issues beyond their control. Politicians should tell Australians the harsh truth: high electricity prices are the new normal.

  • Energy Program Director

    Tony Wood

    Tony has been Director of the Energy Program since 2011 after 14 years working at Origin Energy in senior executive roles. From 2009 to 2014 he was also Program Director of Clean Energy Projects at the Clinton Foundation, advising governments in the Asia-Pacific region on effective deployment of large-scale, low-emission energy technologies. In 2008, he was seconded to provide an industry perspective to the first Garnaut climate change review.

  • Energy Fellow

    Guy Dundas

    Guy has over ten years’ experience in government and consulting, focusing primarily on how Australia’s energy sector will change in response to climate change policy. His past roles include working for the Australian Productivity Commission, the Climate Change Authority, Vivid Economics, ACIL Allen Consulting and various Australian Government departments. Guy has a Master of Environmental and Resource Economics from the Australian National University, and bachelor’s degrees in both Economics and Politics from the University of Adelaide.