Category Archives: Energy

Dynamic pricing economics & ethics podcast discussion

Posted on July 9, 2020 by

My latest podcast episode is on the economics and ethics of dynamic pricing, as used by Uber and airlines among other businesses. I spoke yesterday with Ben Scott, Research Officer at my business Adept Economics, and you can listen to … Continue reading →

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Let’s keep the “Renewable energy jobs surge” in perspective

Posted on April 18, 2019 by

Yesterday the ABS released its latest renewable energy jobs estimates and its media release reported a Renewable energy jobs surge on the back of solar. My colleague Nick Behrens from QEAS tweeted about the new data and produced the chart … Continue reading →

Posted in Energy, Uncategorized | Tagged , , , , , | 6 Comments

Economics of second best in energy policy

Posted on July 12, 2018 by

Australia’s energy policy is such a confusing mess that the Australian’s economics editor Judith Sloan actually supports the ACCC’s dubious call (in its Electricity Pricing Inquiry Final Report) for the Australian Government to act as a buyer of last resort … Continue reading →

Posted in Energy, Uncategorized | Tagged , , , , , , , , | 2 Comments

Qld Government wants electricity GOC dividends to do double duty

Posted on October 23, 2017 by

Yesterday’s media release from the Queensland Premier and Energy Minister on the $2 billion Affordable Energy Plan appears to have been prepared without Queensland Treasury input, as it is very loose in its discussion of the budget impact. The media … Continue reading →

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AGL Chief Economist to address ESA Qld on National Electricity Market

Posted on October 7, 2017 by

As you are no doubt aware, one of the big economic challenges facing Australia at the moment is the high cost of energy. An important aspect of the debate around the cost of energy is the future of the National … Continue reading →

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ACCC Chairman critical of market share of Qld State-owned power generators

Posted on July 26, 2017 by

Yesterday morning, in one of the best interviews of a public official I have ever heard, ACCC Chairman Rod Sims gave frank and informative replies to ABC Brisbane’s Steve Austin on the state of the electricity sector and the inquiry … Continue reading →

Posted in Energy, Uncategorized | Tagged , , , , , , , , , , , , | 4 Comments

Qld Solar Bonus Scheme shows how bad government policy can cost taxpayers for a long time

Posted on June 1, 2017 by

The Queensland Government yesterday directed its electricity network business Energy Queensland to remove the cost of the Solar Bonus Scheme from its charges until 2020, which will reduce Energy Queensland’s earnings and hence adversely impact the State Budget (see the … Continue reading →

Posted in Energy, Uncategorized | Tagged , , , , , , , | 11 Comments

Zombie electricity utilities – upcoming presentation by Professor Manuel Pinho to ESA Qld

Posted on February 26, 2017 by

The latest issue of The Economist features an excellent article (Wind and solar power are disrupting electricity systems) describing the challenges of integrating renewable energy into electricity systems. It is a timely article, given there is an extensive debate in … Continue reading →

Posted in Energy, Uncategorized | Tagged , , , , , , , , | 3 Comments

Judith Sloan right to criticise over-reliance on renewable energy

Posted on July 19, 2016 by

Judith Sloan, Contributing Economics Editor to the Australian, has a brilliant op-ed in the paper today (see Energy price reveals folly of renewables) criticising policies targeting renewable energy, following the wholesale electricity price spike that occurred in South Australia last … Continue reading →

Posted in Energy, Uncategorized | Tagged , , , , , , , , , , | 4 Comments

Long-run benefits of privatisation are undeniable

Posted on April 17, 2016 by

Last Friday, in an opinion piece in the Courier-Mail (see image above) that was consistent with its current “Go Queensland” campaign, I re-entered the debate on privatisation: Privatisation, legalising Uber and deregulating trading hours are first steps towards boosting the … Continue reading →

Posted in Energy, Infrastructure, Productivity, Queensland Government, Uncategorized | Tagged , , , , , , | 4 Comments