INDUSTRY REPORT | Dr Belinda Wade, Dr Ian MacKenzie, Dr Scott Agnew and Cristyn Meath. UQ's Australian Institute for Business and Economics.
About the report
The report outlines the current state of the energy market in Australia and some of the viable solutions available to industry in the absence of policy certainty. It addresses the so-called ‘energy trilemma’ – the challenge of providing secure, equitable and environmentally sustainable energy to an ever-growing global population. The report argues resolution of these issues is becoming increasingly elusive with the energy sector facing unprecedented politicisation and policy inertia.
"We are seeing an acceleration in disruption to centralised electricity supply systems as governments, industry and communities grapple with the energy trilemma."
- Dr Scott Agnew
Significant trends are also emerging in the market, including supply and storage developments and changing policy dynamics, with the associated impacts becoming more complex and difficult to predict. With frequent announcements of new commercial scale renewables projects and unrelenting interest from residential customers to invest in solar panels and more recently battery storage, the industry needs to address the associated network issues and broader implications.
Read more about the report at AIBE
Contact
Associate Professor Ian MacKenzie
