The Inquiry follows recent work undertaken by a number of organisations – including the Australian Energy Market Commission, Energy Consumers Australia and the Grattan Institute – which highlighted recent electricity price increases on the East Coast of Australia. Similar issues were raised in submissions made to the Council of Australian Governments (COAG) Independent Review into the Future Security of the National Electricity Market being chaired by Australia’s Chief Scientist, Dr Alan Finkel AO (the Finkel Review).
The ACCC invites written submissions in response to this Issues Paper. The ACCC would also welcome telephone conversations and comments at public forums. The ACCC will also directly contact some market participants to request specific information.
Australian Competition and Consumer Commission 2017
In response to feedback, high-income households can reduce their energy use to a larger degree than low-income households (17% vs 3% reduction). This and other insights were gained by two rapid reviews into research, both Australian and International, on digital services and...Read more
Australia's Chief Scientist Alan Finkel points out, in this interview, the need for Australia to develop better storage systems and reflects on the recent report from ACOLA. California Energy Commissioner Andrew McAllister, also warns Australia to pursue demand side...Read more
The 2020s are predicted to be a decade of transformation for urban mobility. There are at least six forces that are expected to disrupt the urban mobility landscape. From self-driving vehicles and the sharing economy, through to vehicle electrification, mobile computing, the...Read more
This study, commissioned by the Australian Renewable Energy Agency (ARENA), has found that a move towards smarter electricity network regulation would improve reliability, reduce emissions and cut power bills for energy users.
This report outlines the findings of the independent panel review, which found that Victorian consumers are not gaining the benefits of a competitive retail market. The review has recommended a suite of reforms and initiatives, with eleven key recommendations to place the consumers back on a level playing field.
The AEMC predicts national residential electricity prices will fall on average over the next two years from mid 2018, as more variable wind and solar generation comes online - offsetting this year’s price increase.