Public Policy Papers

Public Policy Paper #1/2017: How to reform the electricity market before we reach the top of a cliff

Author: Stephen Wilson, Cape Otway Associates

Key Points

  • The Australian National Electricity Market (NEM), burdened by the effect of the Renewable Energy Target (RET) schemes, is no longer capable of delivering a reliable, affordable and sustainable electricity supply. The NEM, or the RET schemes, or both, will need to be changed to avoid serious failure of the power system in the future.
  • This paper sets out in plain English a statement of the problem, a diagnosis of the underlying causes at the root of the problem, remedies that have been proposed to solve it, and a vision for reform that would require minimal design changes to create the next generation electricity market.
  • Six symptoms of the problem evident in the NEM have been identified, which adversely affect power companies, as well as business and household consumers. The root causes are found in conflicts between the design principles on which the NEM is based and those of the RET schemes.
  • Seven possible responses have been identified, which are considered remedies rather than options, as some of them are potentially complementary. Some remedies would involve retreating from the competitive electricity market reforms of the 1990s, while others would take the reforms to a more mature stage.
  • The paper makes recommendations that could redress the root causes of the problem, with a minimum of disruption to consumers, the electricity system and the market, and reduce rather than escalate government intervention.

pdf Click here to download the full paper


"Australia Facing Decarbonisation: Policies, Technologies, Timing and Costs"

This international briefing provided an insight into Australia’s potential role in addressing global decarbonisation goals and may have a bearing on the future energy security of Australia. International keynotes joined Australian Panelists from the Renewables, Coal, Gas and Nuclear sectors for lively debate.

Location: Sydney

Date:  Friday 22 February

A report on the forum can be downloaded by clicking here.

Presentations can be found on the Events Page: click here

Policy Papers

Policy Paper 2/19 "One judgment brings upheaval for energy and climate policy in Australia"

Author: Robert Pritchard, Executive Director, EPIA

pdf graphicClick here to download the paper

Policy Paper 1/19 "Why no Energy Policy?"

Author: John McDonnell, Principal, McDonnell Policy Analysis

pdf graphicClick here to download the paper


Public Policy Papers: A compendium of Key Points (to February 2019) 

Since May 2013 the Institute has published 23 Public Policy Papers.

pdfClick here to view the compendium of key points. 

Public Policy Papers : A Compendium of Key Points (Aug 2016)

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Since May 2013 the Institute has published twelve Public Policy Papers.

pdfClick here to view the compendium of key points.

What's New

The ESB’s Alarming Report on the ‘Health of the National Electricity Market"

Author: Robert Pritchard, Executive Director, EPIA

pdfClick here to download the paper


Submission to the Department of the Environment and Energy on its Public Consultation Paper:

“Underwriting New Generation Investments.” (October 2018)

pdf graphicClick here to download this submission


Policy Research Note: "The Likely Viability of Nuclear Power in Australia"

pdf graphicClick here to download this Policy Research Note


A Preliminary Commentary on the Collapse of the National Energy Guarantee

pdf graphic Click here to download this Commentary

The Institute’s submission to the COAG Energy Council, August 2016.

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