Is it privatisation that has failed electricity users, or regulation? - Energy Economic... - 0 views
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John Pearce on 25 Feb 14"Due to its reliance on fossil fuel, Australia's power system is now among the least resilient of its global competitors. The three part series, "Delivering a competitive Australian power system" seeks to address this issue. This paper, the final in a three part series examining the competitiveness of Australia's power system, seeks to identify a pragmatic strategy to transition Australia to a resilient power economy at reasonable cost and in an age of uncertainty. The resilience of a country's power economy refers to its ability to meet power requirements while withstanding supply shocks and environmental constraints. For a country's power economy to be competitive, it must be both affordable and resilient."