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Globalisation, marketisation and the transformation of Australia's electricity sector
Weller, Sally
Weller, Sally
Author
Abstract
Following the style of analysis of Fagan and Webber’s Global Restructuring, this paper examines the marketisation, privatisation and globalisation of Australia’s electricity generation and transmission sectors. This paper shows how, in Australia’s spatially dispersed and politically fragmented space-economy, marketisation and privatisation policies tend to produce oligopolistic industries with the capacity to thwart market-based regulation. A case study of the vertically integrated and diversified firm AGL reveals the changing nature of globalisation, the shifting relationships between states and firms, and the limits of marketisation policies in small spatially dispersed economies.
Note: This paper was accepted for publication before the public dispute between the federal government and AGL in September 2017, over the proposed closure of the coal-fired Liddell Power Station in New South Wales. It therefore provides a detailed background to that dispute.
Keywords
Restructuring, Australia, electricity generation, fossil fuels
Date
2018
Type
Journal article
Journal
Australian Geographer
Book
Volume
49
Issue
3
Page Range
439-453
Article Number
ACU Department
Collections
Relation URI
Source URL
Event URL
Open Access Status
License
File Access
Controlled