Public-owned Australian power grid could solve energy issues, paper argues

Australia’s electricity woes could be solved through a unified and publicly owned national power grid, a discussion paper has said.

 Australia needs a nationalised power grid to
deal with the current and future energy
 supply challenges. 

The paper authored by University of Queensland economist Prof John Quiggin says the creation of the national electricity market in the 1990s has failed to lower power prices and improve system reliability or environmental sustainability.

It argues the electricity grid, including physical transmission networks in each state and interconnectors linking them, should instead be publicly owned.

And it says that “renationalised” grid should be responsible for maintaining a secure power supply and moving towards a zero emissions industry.

Read the AAP story on The Guardian - “Public-owned Australian power grid could solve energy issues, paper argues.”