Eres : Digital Library : Works

Paper eres2008_290:
PROPERTY IMPLICATIONS FROM THE PRIVATISATION OF ELECTRICITY SUPPLIES – LESSONS (FOR NSW) FROM VICTORIA’S EXPERIENCE

id eres2008_290
authors Webster, Robert
year 2008
title PROPERTY IMPLICATIONS FROM THE PRIVATISATION OF ELECTRICITY SUPPLIES – LESSONS (FOR NSW) FROM VICTORIA’S EXPERIENCE
source Book of Abstracts: 15th Annual European Real Estate Society Conference in Kraków, Poland
summary New South Wales (NSW) the largest state in Australia is currently going through the debate about the privatisation of its (state owned) electricity generation and supply business. This follows similar privatisations that have occurred in other states of Australia. In Victoria the supply of electricity was formerly administered by the State Electricity Commission of Victoria (SECV) through a three level structure that covered generation of electricity, high voltage distribution and retail level distribution. The Victorian Government decided to privatise the electricity industry in 1993. The privatisation aimed to provide a more efficient use of the community's resources, create an internationally efficient electricity industry, maximise customer choice and reduce the State debt burden. The privatisation split the SECV into five retail electricity distribution businesses, a regulated monopoly transmission owner, a wholesale electricity market and a number of competing generating businesses. The privatisation was undertaken progressively from 1994 to 1996. This paper examines the proposed NSW privatisation proposal to evaluate and estimate the potential impacts on the utilisation of property assets and to determine whether the impact will be similar to those noticed in Victoria.
keywords Privatisation of public assets, corporate real estate.
series ERES:conference
email rob.webster@rmit.edu.au
discussion No discussions. Post discussion ...
ratings
session G4
last changed 2008/11/26 14:05
HOMELOGIN (you are user _anon_262233 from group guest) Powered by SciX Open Publishing Services 1.002