Is the NEM broken? Policy discontinuity and the 2017-2020 investment megacycle

Authors
Publication date
28 May 2020
Publisher
Faculty of Economics, University of Cambridge
Doi

    Abstract

    The recent history of Australia’s National Electricity Market (NEM) from 2012-2017 has been problematic with sudden coal plant closures, a tight domestic gas market and sharply rising electricity prices. The supply-side response that followed from 2017-2

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