Title: Pricing issues in the energy sector: on an integrated multi-level optimisation approach to efficient pricing

Authors: Sardar M.N. Islam

Addresses: Centre for Strategic Economic Studies, Victoria University of Technology, 10th Floor, 300 Flinders Street, Melbourne, Victoria 3000, Australia

Abstract: The government controls some energy prices either through taxes or subsidies (indirect control), or through direct regulation (direct control). At a particular period of time, the government may adopt both these methods of price control. This paper demonstrates that it is possible to formulate an energy pricing model which produces results (market prices and shadow prices) useful for formulating both these types of energy pricing policies.

Keywords: Australia; energy policy; energy pricing; pricing issues; optimisation.

DOI: 10.1504/IJGEI.1996.063461

International Journal of Global Energy Issues, 1996 Vol.8 No.5/6, pp.469-475

Published online: 14 Jul 2014 *

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