25 March 2018

Down to the wire: A sustainable electricity network for Australia

State governments have spent up to $20 billion more than was needed on the electricity grid. Customers are paying up to $400 more for their power each year than they should. They should get a rebate, or governments should write down the value of the assets to reduce electricity bills.

1 February 2018

Designing a more reliable National Electricity Market

Australia is seeking to design a ‘reliability mechanism’ as part of the National Energy Guarantee. This Working Paper provides suggestions on how to design the mechanism and how it might work. On balance, we support a well-designed retailer obligation that utilises commercial market drivers. But we recognise there are risks in this approach. Policy makers will need to consult widely to ensure the new mechanism achieves the right balance between higher reliability and lower costs.

10 September 2017

Next Generation: the long-term future of the National Electricity Market

Australia’s electricity system is under pressure like never before. Work should start immediately on a new ‘capacity mechanism’ in case it is needed to ensure reliable supplies in future.

21 May 2017

Powering through: how to restore confidence in the National Electricity Market

Urgent action is needed to reduce the risk of power blackouts this summer. But the danger is politicians panicking and rushing to decisions that push up electricity prices and make it harder to cut emissions. What’s needed is market reform, not government investments in generation.

13 March 2017

Price shock: Is the retail electricity market failing consumers?

Competition in electricity retailing has failed to deliver lower prices and better services for consumers. Governments will need to step in and re-regulate prices if the industry does not lift its game.

25 September 2016

Keeping the lights on: lessons from South Australia’s power shock

Soaring wholesale electricity prices in South Australia in July warn of Australia’s failure to combine climate change and energy policies. To ensure that power is reliable, affordable and sustainable, it’s time to heed the lesson.

14 June 2016

Orange Book 2016: priorities for the next Commonwealth Government

Australia faces many domestic policy challenges as the election looms. Yet a survey of seven years of Grattan Institute reports and policy proposals shows that a government prepared to forcefully articulate the public interest could win public support for a brave and powerful reform agenda.

23 November 2015

Fair pricing for Western Australia’s electricity

Moving to a demand tariff will make electricity prices in Western Australia fairer immediately, and cheaper in the long run. But government must be brave and explain the benefits.

24 May 2015

Sundown, sunrise: how Australia can finally get solar power right

An energy revolution, featuring solar panels and home batteries, is at hand in Australia. Governments must not botch it, as they did last time.

6 July 2014

Fair pricing for power

Australians are paying too much for power. New tariffs would make the electricity grid cheaper and save some consumers from paying more than their fair share.

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