POSTPONED Electricity Price Trends and Energy Wallet - ONLINE ONLY
Date
From: Thursday February 20, 2025, 12:00 pm
To: Thursday February 20, 2025, 1:00 pm
You are invited to join Central Council for the first of two seminars on energy transition, which will be held via Zoom. Details of the second seminar, facilitated by the Women in Economics Network, will be available soon.
Information
When: Thursday 20 February
Time: 12.00pm until 1.00pm AEDT (SYD/CBR/MEL)
Where: Online via Zoom
Cost: Free of Charge
Abstract
The energy transition is unfolding rapidly. The Australian Energy Market Commission (AEMC) has recently published a 10-year outlook for residential electricity prices, with a focus on projecting how each cost component might change over the next decade.
Beyond just examining electricity costs, the analysis also considers how households' total energy costs (or their 'energy wallet’) will change as they electrify transportation, heating and cooking, transitioning from other fuel sources to electricity.
The 2024 Residential Electricity Price Trends report marks a shift from the previous 3-year approach to a 10-year outlook. The AEMC intends to update this publication annually, and take into account new information and analysis to continually improve the projections.
About the Speakers
Howard Zhang is a senior economist at the Australian Energy Market Commission, where he advises on national energy market reforms and rule changes to facilitate the energy transition. His recent work includes rule change for funding major transmission projects, reviewing the reliability standard, and developing a 10-year electricity price outlook. Howard holds a PhD in Economics from the University of Sydney. Howard enjoys turning complexity into clear, actionable solutions and believes that well-crafted rule design will play an important role in the energy transition.
Associate Professor Guillaume Roger, Monash University, has twin research interests. One is in electricity market, where he focuses on questions of market design and industrial organisation. This is simple to motivate but much harder to figure out. The other one is contract theory, specifically moral hazard. To make things symmetric, it may be harder to motivate...but no less simple to get a handle on.
Registration and Joining this Webinar
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The timing of this event is AEDT (SYD/CBR/MEL)