PRASEG ANNUAL CONFERENCE
“The Global Electricity Revolution for Consumers”
2nd December 2014
We need COMPETITION &
REGULATION to keep profit
margins in check
Network costs MINIMISED by
moving FLEXIBLE load to cheaper
price periods
Customers SHOULD have option
to avoid costs but DON’T under
current policy
These costs can all be MANAGED
by combining DEMAND
RESPONSE and smarter TRADING
- more on this later
Suppliers are UNIQUELY PLACED to manage costs...
…but most do not
Higher network charges
Lower power price
received by independent
renewable generators
Burdensome collateral
requirements for
independent suppliers
Illiquidity
In wholesale power
market & PPA market
Higher cost of credit for
independent generator
developers
Reliance on consumer
subsidies for renewables