Australia’s energy woes will not be solved by reinforcing a monopoly

The possibility of blackouts affecting half of Victoria has attracted plenty of attention to a document once read only by industry insiders and policy wonks: the Electricity Statement of Opportunities. 

Australia’s energy market has a logjam.

The Statement, updated every year by the Australian Energy Market Operator (AEMO), forecasts 10-year supply and demand in the main grids that serve the Australia’s south and eastern states.

But the chance of huge blackouts is just part of the Statement – and in fact it reveals a growing tension between the market operator and the bodies that oversee electricity regulations. 

Read the story from The Conversation by the Director from the Victoria Energy Policy Centre at Victoria University, Bruce Mountain -  “Australia’s energy woes will not be solved by reinforcing a monopoly.”