EconPapers    
Economics at your fingertips  
 

Australia's National Electricity Market: Optimising Policy to Facilitate Demand-Side Response

Tim Nelson () and Fiona Orton

Australian Economic Review, 2016, vol. 49, issue 2, 146-168

Abstract: type="main" xml:lang="en">

In this article, we outline the recent reductions in electricity sector capital productivity and higher end use prices. Unsurprisingly, policy-makers are now examining ways to encourage greater levels of consumer participation to improve capacity utilisation and outcomes for consumers. We find that consumers are likely to be better off by responding to retail, rather than wholesale generation, pricing. Retail prices reflect potential savings across all supply chain costs including the primary driver of recent price increases, capital-intensive networks. Conversely, the wholesale electricity generation market is currently heavily oversupplied and savings for consumers are likely to be scarce.

Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/ (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ausecr:v:49:y:2016:i:2:p:146-168

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0004-9018

Access Statistics for this article

Australian Economic Review is currently edited by Ross Williams, Ian McDonald and Mark Wooden

More articles in Australian Economic Review from The University of Melbourne, Melbourne Institute of Applied Economic and Social Research Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2021-06-07
Handle: RePEc:bla:ausecr:v:49:y:2016:i:2:p:146-168