Graham Shuttleworth - NZ’s fixation with contestability over competition

Hancock's blog

English - April 10, 2014 23:49 - 9 minutes - 8.92 MB
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Previous Episode: Graham Shuttleworth - Stable but increasingly expensive? The future for the UK electricity industry

Next Episode: Bill Hogan on FTRs and the origins of NZ’s wholesale electricity market

Some history

We’re all about the Labour-Green’s proposals for an alternative model for the electricity market here. The UK Labour Party came up with something quite similar in mid-2013 which has put the cat amongst their pigeons so for the next couple of months I’m taking to Graham Shuttleworth who is the office head for the economic consultancy NERA in London, and one of the original authors of the UK Pool Rules – on which our own electricity market was based.

Last week, Graham got his crystal ball out to guess at the future for the UK and recognised a few things in it. In this, the final episode of the series, he offers a few thoughts on why our industry has taken the path it has over the last 20 years and some cautionary comments about our possible futures.

As with other podcasts, the opinions expressed in the interview are Graham's and do not necessarily represent the views of NERA Economic Consulting or any other NERA consultant. If you quote the podcast, you should attribute the reference to him personally rather than the firm.