Energy
Economics & Deregulation / Energy
Energy is a vital area of the Australian economy, but it is constantly threatened by regulation and taxation. The Institute of Public Affairs examines the regulatory framework governing the energy sector and shows how deregulation can ensure that firms are given every opportunity to operate efficiently and that consumers receive the full benefits of a deregulated energy market. Environmental policies are also likely to challenge the vitality of this important sector.
The IPA also runs the Energy Forum, which brings together firms in the electricity and gas supply industry, all of which share a common view that privatisation and minimal levels of regulation will best serve the community. It provides a platform on which major industry leaders can test their views and subject them to informed criticism. Energy Forum papers are available here. For more information about the Energy Forum, please contact Alan Moran.
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News
Electricity Privatisation: the Deal of the Century
Last week's sale of the giant Yallourn generator underlines how great a deal the Kennett/ Stockdale Government got for Victorian taxpayer. In March...
NSW Power Setup Risks Shortages
Californian electricity consumers are currently experiencing rolling blackouts and brownouts. The Californian problems stem from a lack of new...
Price Regulation of Electricity Distribution Businesses
Australian privatised electricity distribution businesses are learning similar lessons to those of their UK counterparts about being hostage to the...
Hidden Agenda in Petrol Protests
Protestors upset about high fuel prices don't understand the way the world works. Taxes on petroleum products are most unlikely to come down, no...
Pipeline Regulations Flawed
Duke Energy's Eastern Gas Pipeline will soon carry gas between the Bass Strait and Sydney. Regulators' manoeuvrings regarding this new pipeline...
All Eyes on Electricity Regulators' Price Reset
Over the past two years, Victoria's privatised electricity businesses have been on a merry-go-round of analysis and lobbying. The focus has been on...
Don't Forget Gas Rivals in Pipeline
The quest for the 'just price'. This is how ACCC Chairman Allen Fels has described the mountain of paper and cacophony of voices that have...
Crossed Wires Threaten Energy Privatisation
The New South Wales voters may have delivered an unambiguous thumbs down to electricity privatisation but the issues that persuaded the Premier and...
Shocking Approaches to Privatisation
In the NSW election, electricity privatisation is one of the few areas which divide a somewhat damp and untried Coalition from a pragmatic and...
Experience Sheds Light on Chika's Share Give-aways
Mrs Chikarovsky's plans to privatise the NSW electricity industry tread a well-worn path. The triumph of the Victorian privatisation is no longer...