1 July 2018

Why politicians have to stop promising to cut electricity prices

Australian households and businesses are waiting with intense frustration for governments to fix the problem of high energy prices. But they will not easily forgive the same governments for more blackouts, or for failing to confront the challenge of climate change. Herein lies the trilemma for governments and the reason for the intense policy debate on the National Energy Guarantee (NEG).

18 June 2018

There is no Plan B if the states fail to approve the NEG

The National Energy Guarantee is not perfect, but it offers a credible, low-cost path to meeting Australia’s emissions reduction target while maintaining a reliable power supply. Critics have demonstrated no fatal flaws and have failed to present a credible alternative.

14 May 2018

Finkel Review and the future market

CEDA has selected an address by Grattan’s Energy Program Director Tony Wood as one of its Top 10 speeches on energy policy over the past decade. The speech, delivered in June 2017, highlighted the importance of the Finkel Energy Review, beyond its headline-attracting call for a Clean Energy Target.

9 May 2018

Budget 2018 was old news for energy policy – the next big headlines won’t come until July

As with many previous budgets, matters relating to energy and climate change were relegated to little more than a footnote in Treasurer Scott Morrison’s 2018 budget speech. And even the contents of that footnote told us nothing new.

19 April 2018

Energy ministers must beware the power of conflicts of interest

A well-designed National Energy Guarantee (NEG) for Australia will include a world-first integration of energy and climate change policy. It will deliver reliable and affordable energy as we make the transition to a low-emissions energy future. Yet the challenges ahead will test the skills of even such an energetic politician as Energy Minister Josh Frydenberg.

18 April 2018

Australia’s slow march towards a National Energy Guarantee is gathering pace

The finer policy details of the of the proposed National Energy Guarantee (NEG) have begun to leak onto newspaper front pages and websites, ahead of Friday’s crucial meeting of federal and state energy ministers. The good news is that the leaked information suggests solid progress has been made over the past couple of months on both the emissions and reliability components of the policy.

28 March 2018

Heat is on to stop surge in Queensland power bills

The cost of the electricity grid in Queensland has gone up by 75 per cent in a decade – and we’re all paying for it through our power bills. Under successive state governments, more and more money has been spent on building network infrastructure. Trouble is, it’s not clear what benefit consumers are getting from the excessive spending on a bigger network.

26 March 2018

You’re paying too much for electricity, but here’s what the states can do about it

State-owned power networks have spent up to A$20 billion more than was needed on the electricity grid, and households and businesses in New South Wales, Queensland and Tasmania are paying for it in sky-high power bills.

26 March 2018

Why are our power bills so high? We’re paying for mistakes of the past

The cost of the electricity grid in NSW has almost doubled in a decade — and we’re all paying for it through our power bills. Under successive state governments, more and more money has been spent on building network infrastructure. The trouble is, it’s not clear what benefit consumers are getting from the excessive spending on a bigger network.

25 March 2018

Cut energy bills by ending gold-plated investment

Australians want cheaper electricity. State governments in Queensland, NSW and Tasmania could save consumers $100 to $400 a year by addressing past over-expenditure in their distribution and transmission network businesses.