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An overhaul of electricity

4/23/202625 min

As solar panels pop up on more rooftops and batteries increasingly soak up excess power to be used later on, the way Australians utilise the power grid is shifting dramatically.

New modelling released today from the Australian Energy Market Commission imagines an overhaul of electricity pricing that it says could cut costs by billions.

But how do the numbers break down? And who might be the winners and losers along the way? 

Carrington Clarke and ABC News Energy Reporter Daniel Mercer break it all down on ABC Business Daily.

Got a burning business question?

Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

Clips

Transcript preview

First 90 seconds
  1. Speaker 00:00

    [upbeat music] ABC Listen, podcasts, radio, news, music, and more. When four people vanish in 2007, one of them is uncovered as living under a fake identity.

  2. Carrington Clarke· Host0:14

    I said, "No, that's not me," but I knew who it was.

  3. Daniel Mercer· Guest0:17

    I just imagined all these terrible things.

  4. Carrington Clarke· Host0:19

    Well, if I can do that, maybe I can do this. I think it's really important to understand that we're all vulnerable.

  5. Speaker 00:24

    For the first time ever, I found out how he pulled it off and what his history tells us might have happened to the missing Nanup four. Binge all episodes now. Search Expanse on ABC Listen and iview.

  6. Carrington Clarke· Host0:37

    As solar panels adorn more rooftops and batteries increasingly soak up excess power for later deployment, the way Australians utilize the power grid is shifting dramatically. New modeling released today from the Australian Energy Market Commission imagines an overhaul of electricity pricing that it says could cut costs by billions. But how do the numbers break down, and who might be the winners and losers along the way? Welcome to ABC Business Daily. [upbeat music] I'm Carrington Clark.

  7. Daniel Mercer· Guest1:11

    And I'm Daniel Mercer, the ABC's energy reporter.

  8. Carrington Clarke· Host1:14

    Daniel, so good to have you on the podcast today, and welcome to the ABC Business Daily family. There's brand-new modeling just released from the Australian Energy Market Commission that suggests some major pricing reforms for the electricity network. First,

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