Economics of retail competition in Australia's natural gas industry

Adam Roberts and Julie Harman

No 174073, 2002 Conference (46th), February 13-15, 2002, Canberra, Australia from Australian Agricultural and Resource Economics Society

Abstract: There has been considerable reform of the Australian natural gas industry. An element of this reform has been the introduction of ‘contestability’ — allowing customers to select their retailer of natural gas. The potential benefits and risks associated with this policy are presented and the key issues involved in the implementation of contestable natural gas market are explored. Aside from the potential risks, the policies that have been introduced in order to prevent potential difficulties are examined. It is found that, while increased retail competition is an important element of the reform process, the potential benefits are limited in the absence of further upstream reform.

Keywords: Environmental Economics and Policy; Research and Development/Tech Change/Emerging Technologies; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 16
Date: 2002-02
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare02:174073

DOI: 10.22004/ag.econ.174073

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