10 October 2017

Despite the charged atmosphere, Frydenberg and Finkel have the same goal for electricity

We should not expect the Finkel-designed Clean Energy Target to become a reality. But we can hope for a policy response that fundamentally delivers the same result – affordable, reliable electricity in line with our emissions reduction target.

29 September 2017

‘No one is steering the ship’: five lessons learned (or not) since the SA blackout

Looking back on the past year, we have come a long way, but it is still not clear where we are going and who will steer us there. Australians must hope that the new Energy Security Board, which includes the heads of the three main energy institutions, can help state and federal governments chart a steady course.

11 September 2017

Time for pragmatism, not panic, for the electricity market

There was a familiar kneejerk reaction to last week’s announcement by the Australian Energy Market Operator (AEMO) that there are risks to our electricity supply after the scheduled closure of the Liddell coal-fired power station in New South Wales in 2022. The sight of the Prime Minister looking for options to keep Liddell open raises the spectre of further reflexive government intervention that can’t end well.

10 September 2017

Will policy stability really fix the national energy market and boost capacity?

Australia needs affordable, reliable, secure and sustainable power. But last week the Australian Energy Market Operator (AEMO) warned of imminent shortages and longer-term problems. Governments are inclined to intervene even as industry pleads for stable policy. Homes and businesses face a clear and present danger: unaffordable and unreliable power and rising greenhouse gas emissions.

6 September 2017

The day Australia was put on blackout alert

The only way the Australian Energy Market Operator (AEMO) could be blunter in its report on the state of our electricity system would be to stick a neon sign on top of its Melbourne head office saying “The market has failed”.

21 August 2017

Power retailers have failed and they can’t complain

For many of us, the retailers have failed to deliver what we want and expect: a decent price for our electricity. They can hardly blame the government for wanting to do so.

18 August 2017

Is re-regulation the solution to Australia’s electricity price shock?

As electricity retailers report back to the Government and the Australian Competition and Consumer Commission with their plans to improve affordability – should re-regulation of the market be on the agenda?

10 August 2017

New rules for retailers, but don’t sit there waiting for your electricity bill to go down

After summoning the heads of Australia’s major electricity retailers to Canberra, Prime Minister Malcolm Turnbull announced that the government will take “decisive action to reduce energy prices for Australian families and businesses”. The big question for the prime minister is, what next?

8 August 2017

Coal-fired nostalgia won’t bring back cheap power

The Turnbull government’s energy policy problems just keep getting harder. The business community has delivered decidedly mixed messages on what policies they want from this government. The hard lesson for Australia is that the very low prices of the past were unsustainable, and coal is not going to bring them back.

17 July 2017

Why energy reform has to be delivered by the Coalition

A 21st-century energy system is essential to Australia’s economic prosperity and can only be delivered if there is comprehensive agreement between the Commonwealth and the state and territory governments.

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