New framework to assess cost of energy efficiency and flexible demand in Australia
By
Lotte Wolff
A respectable bake. You'd come back tomorrow for another.
Summary
This article discusses a new framework designed to help determine the cost-effectiveness of energy efficiency measures and flexible demand solutions in Australia's energy system. It highlights the financial stress caused by energy bills and the role of energy prices in inflation, emphasizing the need to evaluate different approaches to shifting or reducing electricity demand rather than just focusing on supply-side solutions.
Key quotes
· 3 pulledWe want hot coffee in the morning, a cool room in the middle of a warm day, and lights to read, cook and work at night.
Energy bills are already causing financial stress for many consumers, and energy prices are a key contributor to inflation.
A new framework will help determine the cost of different measures to shift or reduce electricity demand, rather than supply.
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