The Victoria Energy Policy Centre (VEPC) is a research centre focussing on policy challenges in energy in Australia, with a particular focus on Victoria.


The VEPC's core research discipline is economics, but we encourage collaboration between experts from different academic traditions. We combine academically rigorous research and analysis, with a practical understanding of government processes. 

Our latest report

Recent commentary

Reliable electricity supply cover.jpg

Ensuring reliable electricity supply in Victoria to 2028: suggested policy changes


A Report by VEPC Director, Associate Professor Bruce Mountain and
Dr Steven Percy, VEPC Research Fellow.

Ensuring reliable electricity supply in Victoria to 2028: suggested policy changes looks at whether markets and regulations will ensure reliable electricity in Victoria over the coming decade, and examines the power system to understand the effect of renewable electricity expansion, and the possible closure of Alcoa's Portland smelter. The report recommends that the Victorian Government ask the Australian Energy Market Operator (AEMO) to develop an appropriate reliability standard and strategic reserve and that the Government prepares the administrative arrangements to implement this.

Download the report (2.3mb) by clicking on the image (left).

VEPC in the News

Snowy 2.0 will not produce nearly as much electricity as claimed. We must hit the pause button.


A/Prof Bruce Mountain, VEPC Director, The Conversation, 15 October 2019

Australia’s energy woes will not be solved by reinforcing a monopoly


A/Prof Bruce Mountain, VEPC Director, The Conversation, 23 August 2019

Ownership, regulation, and financial disparity: The case of electricity distribution in Australia


A/Prof Bruce Mountain, ScienceDirect,  October 2019

AEMC told to go back and consult on Cogati, but MLFs still a battle zone

Giles Parkinson, Renew Economy, 25 Nov 2019

Australian Beyond Coal Campaign Launches

Michael Bloch, Solar Quotes, 22 Nov 2019

Renewable investors fear new AEMC rules will prop up fossil fuels

Giles Parkinson and Sophie Vorrath, Renew Economy, 20 Nov 2019

Coal seen as biggest threat to Victoria power supply

Sophie Vorrath, Renew Economy, 19 Nov 2019

Victoria pushes for urgent overhaul of energy rules as blackouts loom

Benjamin Preiss, Nick Toscano and Peter Hannam, The Age,

18 Nov 2019

Clarification from Bruce Mountain, VEPC Director: 'Contrary to The Age article, Alcoa closure is not factor for Victoria's brown coal until much later in coming decade, if at all.'

Victoria pushes for urgent overhaul of energy rules as blackouts loom

Nick Toscano and Benjamin Preiss, The Sydney Morning Herald,

13 Nov 2019

Energy industry weighs up 'crowding out' risks of Snowy's storage plan

Peter Hannam, The Sydney Morning Herald

17 Oct 2019

Clouds gather over Portland as Alcoa flags closures

Peter Ker and Angela Macdonald-Smith, Financial Review

17 Oct 2019

Regulator’s ruling on default market offers might not lower prices


A/Prof Bruce Mountain, Renew Economy30 April 2019

Energy price gouging exposed by new regulations


A/Prof Bruce Mountain, Renew Economy14 January 2019

The verdict is in: renewables reduce energy prices (yes, even in South Australia)


A/Prof Bruce Mountain, The Conversation,

6 December 2018

Snowy Hydro may push up power prices, analysts say

Peter Hannam, The Sydney Morning Herald

16 Oct 2019

'The wrong project in the wrong place’: Malcolm Turnbull’s Snowy 2.0 vision comes at a huge cost

Quentin Dempster, The New Daily, 4 October 2019

The ACT is set to run on 100 per cent net renewable energy. What does that mean?

Nick Bonyhady, The Sydney Morning Herald, 1 October 2019

'Big stick' energy laws unlikely to ever be used

Mark Ludlow, Financial Review, 18 September 2019

Are renewables really cheaper than coal and nuclear?

RMIT ABC Fact Check Unit, Crikey, 12 September 2019

Save your energy: electricity consumers fail to get results

Mirage News, 3 September 2019

Switching power provider in complex market generates no big savings

InDaily, 3 September 2019

Paying high electricity bills? Making the switch to another provider may not make any difference

Liz Hobday and Lisa Divissi, ABC 7.30, 2 September 2019

Consumers switching electricity retailers not saving much money: study

Angela Macdonald-Smith, Australian Financial Review, 2 September 2019

VEPC is part of the Victoria Institute of Strategic Economic Studies within Victoria University, Melbourne