{"title":"Australian electricity supply: orientations to growth and prospects for sustainability","authors":"Gregory Smith","doi":"10.1504/IJEWE.2007.015289","DOIUrl":null,"url":null,"abstract":"In the new competitive order, Australian electricity systems have been oriented to growth of electricity sales based on low margins and the capture of market share. Electricity is a premium fuel. The second law of thermodynamics testifies to this, as does the relationship between coal-fired electricity and the negative externality of greenhouse warming. Electricity prices should reflect its status as a premium fuel. Ease of transition in such a regime would be fostered by the taking up of options for energy efficiency and renewable sources of supply.","PeriodicalId":35410,"journal":{"name":"International Journal of Environment, Workplace and Employment","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2007-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJEWE.2007.015289","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Environment, Workplace and Employment","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1504/IJEWE.2007.015289","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Business, Management and Accounting","Score":null,"Total":0}
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Abstract
In the new competitive order, Australian electricity systems have been oriented to growth of electricity sales based on low margins and the capture of market share. Electricity is a premium fuel. The second law of thermodynamics testifies to this, as does the relationship between coal-fired electricity and the negative externality of greenhouse warming. Electricity prices should reflect its status as a premium fuel. Ease of transition in such a regime would be fostered by the taking up of options for energy efficiency and renewable sources of supply.
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