Archived publication for 1999 in Occasional Paper
Recent publications
The Challenge of a Deregulated Market
Most of us remember the confident forecasts of 1994 where the world's most prestigious consultancies estimated the shadow price of new generation at something like $38 per MWh. Those forecasts still haunt the smaller consumer as they are the basis...
Clough Lecture 1998: Renewing the Miracle: Economic Development in Asia
The Harold Clough Lecture for 1998. The lecture is available in PDF here - Renewing the Miracle: Economic Development and Asia.
Regulatory Pricing and Access Issues
The issues for Victoria and Australia are: * the structure and powers of the regulatory agencies * the services to be regulated * the standards that should be regulated * the "just" price for the regulated services * ensuring information is...
Privatising Victoria's Electricity Distribution
In October 1994 the Victorian industry was restructured. Five DB's were created and Generation Victoria disaggregated down to four individual base load power stations (including Loy Yang B then under construction), one portfolio of hydro plant and...
The Economic and Market Benefits of By-Pass
Over the longer term, successful economic performance requires market competition with established property rights.
Can Coal Continue as the Primary Power Generation Source?
Coal supplies over one quarter of the worldÕs primary energy, and over 46 per cent of that of Australia. Although oil is a more significant energy source worldwide, consumption of it and gas are less important to Australia.