Tag Archives: electricity

QCA finds multiple policy failures associated with billions in industry assistance in Qld

Posted on June 10, 2015 by Gene Tunny

It appears that the QCA’s draft report on Industry Assistance in Queensland was released last Friday, a Friday before a long weekend, traditionally a good time to release reports that governments would rather be ignored and forgotten. But this report … Continue reading →

Posted in Industry policy | Tagged , , , , , , , , , , | 3 Comments

Privatised electricity businesses would better achieve necessary efficiencies

Posted on May 4, 2015 by Gene Tunny

It’s been clear for some time that the Australian Energy Regulator (AER) would make large cuts to future allowable revenues for Energex and Ergon, and that this would potentially impact Queensland Government dividend income. The preliminary determinations from the AER … Continue reading →

Posted in Budget, Energy | Tagged , , , | 5 Comments

Qld Treasurer rightly avoids committing to a fall in power prices

Posted on January 23, 2015 by Gene Tunny

Queensland Treasurer Tim Nicholls performed well in his interview on 612 ABC Brisbane radio yesterday morning, rightly avoiding a commitment that power prices would fall as a result of privatisation, which he certainly couldn’t guarantee. In a question to the … Continue reading →

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Power prices would be lower than otherwise, but may not fall, under privatisation

Posted on January 22, 2015 by Gene Tunny

I’m pleased to see some analysis finally published on the potential benefits of the privatisation of electricity businesses from a Queensland perspective: Network Pricing Trends in Queensland prepared by EY. The Courier-Mail has covered this report with the headline, on … Continue reading →

Posted in Energy, Queensland Government | Tagged , , , , | 6 Comments

Lease complications mean asset sales a better option

Posted on November 6, 2014 by Gene Tunny

The Government may be having second thoughts about its decision to lease out rather than sell assets, as it’s facing a lot of tricky (and legitimate) questions on what the lease conditions would be from opponents such as the ETU … Continue reading →

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

7.30 Qld interview on asset leases and power prices

Posted on October 18, 2014 by Gene Tunny

I featured in Eric Tlozek’s excellent story on the proposed leasing out of electricity assets on 7.30 Queensland last night: Government powers up to sell state asset leases I come in at around 3 minutes, 20 seconds, after the Opposition … Continue reading →

Posted in Energy | Tagged , , , , , , | 5 Comments

Reforming solar cross-subsidy is good policy, but unclear why $3.4 billion should be locked up in Cost of Living Fund

Posted on October 12, 2014 by Gene Tunny

The Government’s apparent plan to end the cross-subsidy from households without solar cells to those with solar cells, and to fund the feed-in tariff through an explicit subsidy, is a sound one (see Brisbane Times coverage Power bills to come … Continue reading →

Posted in Budget, Queensland Government | Tagged , , , , , , , , , | 3 Comments

Private sector involvement should restrain growth in electricity prices

Posted on September 22, 2014 by Gene Tunny

There was an excellent article in Saturday’s Courier-Mail, quoting me towards the end of it, by State Political Reporter, Steven Wardill, on the likely impacts of the proposed leasing out of Queensland’s electricity network assets: Energy prices have risen rapidly … Continue reading →

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

ABC radio interview on asset leases

Posted on September 17, 2014 by Gene Tunny

At a BDO economic outlook breakfast I attended at the Brisbane Convention Centre this morning, Treasurer Tim Nicholls announced that the Government would consider asset leases as an alternative to the previously announced sale of the power generators and the … Continue reading →

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

Government should just sell Energex, Ergon & Powerlink

Posted on June 4, 2014 by Gene Tunny

The Government’s interesting proposition for private sector participation in Energex, Ergon and Powerlink, which raises the bulk of the $30-35 billion under the Strong Choices plan, should be attractive to investors because the businesses have reasonably reliable revenue streams they … Continue reading →

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