The Australian energy sector is undergoing rapid transformation to achieve ambitious emission reductions without compromising our economic competitiveness and our quality of life. Not only is traditional generation technology being phased out in favour of intermittent renewables; vast numbers of small-scale systems must now be accommodated within the network, competing to supply services in an increasingly complex market.
Synergies has been closely involved in all levels of the electricity market since the early 2000s. Our consultants advised on the design of the current energy access pricing framework and have supported regulated electricity and gas networks with expert advice on pricing proposals, strategic reviews and business transformation. We have assisted the energy market operator to evaluate the economics of complex pricing and compensation questions. We advise governments on renewable energy policy and provide specialised modelling solutions to address complex quantitative questions.
Case study
Synergies was engaged by Western Power to prepare an expert report on the outlook for wages, inflation and productivity to support its proposed access arrangement to the Economic Regulation Authority for the 2021-22 to 2026-27 regulatory period. Our expert report provided forecasts of Wage Price Index (WPI) for the Electricity, Gas, Water and Waste Services sector (EGWWS) and the Consumer Price Index (CPI), as well as for opex productivity.
