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The Australian National Electricity Market (NEM) is a highly volatile market in which price setting is driven by the law of supply and demand. The volatile nature of this market presents significant risk to market participants and as such stabilisation of price has implications for the...
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pt. 1. Macroeconomic and distributional dimensions of energy shocks -- pt. 2. Social, local and environmental impacts of changes in the energy market -- pt. 3. The impacts of bio and alternative fuels -- pt. 4. Conclusions.
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