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The Boomerang Paradox, Part I: How a Nation's Wealth Is Creating Fuel Poverty

Paul Simshauser, Timothy Nelson, Thao Doan

    Research output: Contribution to journalArticlepeer-review

    40 Citations (Scopus)

    Abstract

    A characteristic of advanced economies like Australia is continual growth in household income and plunging costs of electric appliances, resulting in rapid growth in peak demand. The power grid in turn requires substantial incremental generating and network capacity, which is utilized momentarily at best. The result is the Boomerang Paradox, in which the nation's rising wealth has created the pre-conditions for fuel poverty.
    Original languageEnglish
    Pages (from-to)72-91
    JournalThe Electricity Journal
    Volume24
    Issue number1
    DOIs
    Publication statusPublished - 2011

    UN SDGs

    This output contributes to the following UN Sustainable Development Goals (SDGs)

    1. SDG 7 - Affordable and Clean Energy
      SDG 7 Affordable and Clean Energy
    2. SDG 8 - Decent Work and Economic Growth
      SDG 8 Decent Work and Economic Growth

    Keywords

    • Public Economics- Public Choice

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