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“ The Global Electricity Revolution for Consumers ” 2 nd December 2014 PRASEG ANNUAL CONFERENCE.

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Presentation on theme: "“ The Global Electricity Revolution for Consumers ” 2 nd December 2014 PRASEG ANNUAL CONFERENCE."— Presentation transcript:

1 “ The Global Electricity Revolution for Consumers ” 2 nd December 2014 PRASEG ANNUAL CONFERENCE

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4 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

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6 Higher cost of credit for independent generator developers Reliance on consumer subsidies for renewables Illiquidity In wholesale power market & PPA market Burdensome collateral requirements for independent suppliers Higher network charges Lower power price received by independent renewable generators

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