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 language | English |
|---|---|
| Pages (from-to) | 72-91 |
| Journal | The Electricity Journal |
| Volume | 24 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 2011 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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SDG 8 Decent Work and Economic Growth
Keywords
- Public Economics- Public Choice
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