The purpose of this publication is to provide an update to the 2022 Electricity Statement of Opportunities for the National Electricity Market, due to material changes affecting available generation capacity in the National Electricity Market from that set out in the 2022 Electricity Statement of Opportunities.

This report explores how diverse households will live and use energy over the coming decades, helping to guide the energy industry to meet the needs and expectations of Australians into the future.

Around one quarter of Australia’s greenhouse gas emissions come from the built environment. This summary report argues that Australia will not achieve its legislated emissions reduction targets unless the built environment decarbonises its building operations.

Electricity networks are expensive businesses to run. In Australia, the economic regulation of electricity networks is undertaken by the Australian Energy Regulator. This report presents a range of recommendations to address the unnecessarily high profits being made by electricity distribution service providers.

Just like Australia, Europe’s energy markets are in crisis. Wholesale prices for electricity and gas have risen dramatically since early 2021. The authors of this paper examine the causes of the current very high wholesale prices, high producer rents and price volatility. They also outline some principles and measures to guide measures to reduce prices...