Lessons from the appeals regime in Australia: Briefing 8 in the key questions for RIIO-GD2 and T2 se

Home > News Archive > Lessons from the appeals regime in Australia: Briefing 8 in the key questions for RIIO-GD2 and T2 se
7th August 2017

The appeals regime for electricity and gas was changed in 2011 to allow the Competition and Markets Authority (CMA) to review specific parts of Ofgem’s price control decisions, rather than the decision as a whole. Fears that the UK would be following in the steps of the (unsuccessful) appeals regime that operates in Australia’s energy markets have not (yet) materialised. But the Australian experience can still provide insight into the approach stakeholders in the UK should adopt to price controls.

Download CEPA's briefing: Lessons from the appeals regime in Australia

By
Jonathan Mirlees-Black
Jonathan Mirrlees-Black
is a director of CEPA's Australian business. He has over 25 years of experience as an economist and finance professional in infrastructure, as a sell-side and buy-side investment analyst and as an advisor to global infrastructure companies, regulators, international organisations, and private equity investors.

Ben Shafran
Ben Shafran is an experienced managing consultant, a regulatory economist and manager. He has worked in both the UK and Australia on energy policy and regulation, and on economic regulation in other sectors in the UK. Prior to re-joining CEPA in 2017, Ben was Policy Director at the Australian Energy Market Commission (AEMC).