The soaring power prices expected to hit Australians are yet another reason the Albanese government should turbocharge its efforts on renewable energy and storage.
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Articles on Power prices
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Soaring costs for coal and gas point to serious issues within Australia’s electricity market, with more retail prices likely.
Australia’s wholesale electricity prices increased by 69% in the first quarter. But the competing claims about what that means are hard to decipher.
Nigeria’s attempt at privatising its power infrastructure hasn’t been without challenges but they are not insurmountable.
Australians are angry about electricity prices and both the federal government and opposition are proposing to cap them. Will this approach work, and what are the risks?
The final design of the National Energy Guarantee promises that the policy will drive down power prices. But there is precious little evidence for this assertion.
Australia’s consumer watchdog has concluded that rooftop solar incentives have distorted the market unfairly for those who cannot afford solar panels, and has recommended the scheme ends ten years early.
Energy justice is a social issue, and by leaving it up to vulnerable people to sort it out for themselves, we as a society risk making it even worse.
Scott Morrison’s budget speech held no surprises on energy, after months of debate over the National Energy Guarantee. The real news comes in July with the release of a crucial ACCC report on power prices.
You may already have a smart meter at home, which monitors your electricity use at 30-minute intervals. But until you can access that data yourself, you could be missing out on the best power deals.
Two decades ago, the then SA premier, John Olsen, defied a campaign promise and announced plans to privatise the state’s electricity industry. It’s been a high-voltage issue ever since.
The Long Read: Most Australians’ power bills have been rising for a decade. There are many reasons why, but the common thread is a lack of government willingness to get to grips with crucial policy problems.
The latest report from the Grattan Institute, finds that claims about Australia being dominated by oligopolies are overblown.
New modelling suggests that Australia could use renewable energy to hit its 2030 emissions reduction targets, without it costing any more overall than maintaining the status quo.
As federal and state energy ministers gather to discuss the Turnbull government’s proposed National Energy Guarantee, many of the finer details of the modelling are not yet available.
The price of renewable energy will fall significantly relative to new-build coal in coming decades, making an all-renewable electricity system more desirable, both economically and environmentally.
Not everyone can afford to pay for solar panels up front, but local planners can help disadvantaged households overcome energy poverty in several ways.
The Turnbull government is still tying itself in knots over the future of coal, as literally decades of policy turmoil on climate and energy continue to roll on.
Western Australia has huge amounts of sunshine and wind, yet only 7% of its energy comes from renewables. What’s more, most households in the poorest suburbs are still locked out of the solar panel boom.
The government’s deal with electricity retailers to provide simple information to customers about their discounts and bills is a welcome step, but doesn’t cut to the heart of the power price issue.
Top contributors
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Honorary Associate Professor, Centre for Climate Economics and Policy, Australian National University
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Energy Fellow, Grattan Institute
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Research Fellow at the Australian German Climate and Energy College, The University of Melbourne
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Director, Victoria Energy Policy Centre, Victoria University
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Senior Associate, Productivity Growth, Grattan Institute
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Research Fellow in the politics of industrial decarbonisation policy, University of Sussex
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Senior Associate, Grattan Institute
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Professor, Crawford School of Public Policy and Head of Energy, Institute for Climate Energy and Disaster Solutions, Australian National University
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Associate Professor, Department of Political Economy, University of Sydney
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Honorary Associate Professor, UNSW Sydney
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Co-director, Centre for Energy and Environmental Markets, UNSW Sydney
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Senior Visiting Fellow in Energy Systems, UNSW Sydney
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Adjunct professor, Monash University
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Senior lecturer & Deputy Director Monash Energy Institute, Monash University
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Program Director, Energy, Grattan Institute
