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. 

Recent Reports and Working Papers         MORE >

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Wrong way, go back

An analysis of the economics and greenhouse gas impact of Marinus Link and Battery of the Nation

 

By Bruce Mountain, Director, VEPC and Steven Percy, Senior Research Fellow, VEPC

Download the working paper (3.3mbs) by clicking on the image (left).

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Do households respond to Time-Of-Use tariffs? Evidence from Australia

 

A Working Paper by Kelly Burns, Senior Research Fellow, VEPC and Bruce Mountain, Director, VEPC

We estimate the elasticity of substitution for households on Time-Of-Use (TOU) tariffs using a sample of 6,957 electricity bills from households in Victoria, Australia.

Download the working paper (535kbs) by clicking on the image (left).

200525 Working Paper 2006 PV in whose in
A model for the estimation of residentia
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Rooftop photovoltaics and electricity distributors: who wins and who loses? 

 

A Working Paper by Bruce Mountain, Director, VEPC, Steven Percy, Senior Research Fellow, VEPC, and Kelly Burns, Senior Research Fellow, VEPC.

We analyse 48,677 residential electricity bills of which 7,212 have installed rooftop photovoltaics (PV) to determine the impact of rooftop PV on network charges and on wholesale market prices. We find rooftop PV pushes down prices in wholesale markets far more than it raises prices for the provision of network services.

Download the working paper (239kbs) by clicking on the image (left).

A model for the estimation of residential rooftop photovoltaic capacity

 

A Working Paper by Bruce Mountain, Director, VEPC, Amine Gassem, AG-Study, Kelly Burns, Senior Research Fellow, VEPC, and Steven Percy, Senior Research Fellow, VEPC

Estimates of rooftop photovoltaic (PV) capacity, by region and postcode, is publicly available in Australia. However, data on individual households’ rooftop PV capacity is not publicly available. This is valuable in price comparison and research, for example analysing the impact of rooftop solar in wholesale markets and on networks.

Download the working paper (577kbs) by clicking on the image (left).

Loyalty taxes in retail electricity markets: not as they seem? 

 

A Working Paper by Bruce Mountain, Director, VEPC, and Kelly Burns, Senior Research Fellow, VEPC

A common view in retail electricity markets is that retailers discriminate based on consumers’ loyalty: loyal consumers pay more. The premium is colloquially known as a “loyalty tax” or “loyalty premium”. Reflecting this understanding Australia’s governments, regulators and consumer advocates have encouraged consumers to switch electricity retailers. Our findings suggest the loyalty tax is (typically) smaller than widely considered, that it varies across tiers of retailers and that even engaged consumers typically do not select the lowest priced offers. This raises the question of whether switchers are motivated by other factors as well as lower bills or whether the main challenge is difficulties in search. 

Download the working paper (523kbs) by clicking on the image (left).

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

 

A report by Bruce Mountain, VEPC Director, and Dr Steven Percy, VEPC Research Fellow.

This report 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.

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

Recent articles         MORE >

AEMO’s Integrated System Plan: Does it leave Snowy 2.0 high and dry?

Bruce Mountain and Steven Percy, Renew Economy, Aug 2020

COVID-19 and Social Distancing: Does It Show Up in the Demand for Electricity?

Steven Percy and Bruce Mountain, International Association for Energy Economics (IAEE) Energy Forum, COVID-19 Special Issue 2020

VEPC in the News             MORE >

Where does Snowy 2.0 fit in the 'gas-fired economic recovery'?

ABC Radio Breakfast with Wendy Harmer and Robbie Buck, 16 September 2020

Closing Liddell power plant to have only short-term effects: report

Peter Hannam, The Sydney Morning Herald, 15 September 2020

Government renewable energy investment program swamped by support

Peter Hannam, The Sydney Morning Herald, 23 June 2020

Bruce Mountain discusses the flawed regulations of the gas distribution market

Leon Byner, FIVEaa, 12 June 2020

00:00 / 03:30

‘Ambitious’ energy reforms set to cut household power bills

Mike Foley and Nick O'Malley, The Age, 12 June 2020

How this woman scored $1,300 a year without working

Tony Yoo, Yahoo Finance AU, 9 June 2020

Bruce Mountain discusses the gas distribution market

Leon Byner, FIVEaa, 4 June 2020

00:00 / 06:17

How to reduce your biggest household expenses

Linda Moon, Domain, 22 May 2020

© 2020. Victoria Energy Policy Centre, The Institute for Sustainable Industries and Liveable Cities (ISILC), Victoria University, Melbourne, Australia.