Report
Discount rates for use in cost benefit analysis of AEMO’s 2022 Integrated System Plan
Synergies developed a report for AEMO that recommended an appropriate WACC-based discount rate range for private sector investment in Australia’s National Electricity Market to be used in the development of AEMO's 2022 Integrated System Plan.
DownloadReport
Transpower – Independent Verifier RCP3
Our final verification report formed part of Transpower’s RCP3 Proposal submitted to the Commerce Commission in December 2018. Our independent verifier role was undertaken in accordance with a signed tripartite deed between Synergies, Transpower and the Commerce Commission
DownloadReport
Independent Verification Report – Transpower’s RCP3 Expenditure Proposal (2020-25)
Synergies and GHD Advisory (GHDA) have been engaged to provide an independent verification opinion on Transpower’s RCP3 Base Capex and opex forecasts relating to the 2020-25 period for Transpower and the Commerce Commission (the Commission).
DownloadReport
Synergies Consulting Report with updated Wage price index (WPI) forecasts for Western Power’s AA4 regulatory period
This chapter presents our updated WPI forecasts for Western Power’s AA4 regulatory period. It also explains the economic drivers underpinning our updated WPI forecasts and the reasons for some small differences between our original and updated forecasts.
DownloadReport
Western Power’s productivity performance
Synergies has been engaged to undertake productivity analysis of Western Power’s historical operating and capital expenditure using economic benchmarking techniques along the lines of those applied by the Australian Energy Regulator. The results of our analysis are used to form a view on the likely efficiency of Western Power’s expenditure forecasts incorporated in its Access Arrangement 4 (AA4) for the 2017-18 to 2021-22 regulatory period.
DownloadReport
ACCC Applying Hilmer Principles in a Changing Energy Market 2016
Nearly twenty-five years ago, Hilmer set out a transformative framework for delivering better products and services at lower prices from Australia’s public utilities. At that time, the electricity industry was largely publicly owned, self-regulated, bereft of competition and inefficient. The largest gains to customers were rightly thought to come from measures that would improve productive efficiency.
DownloadReport
Impact of green energy policies on electricity prices
Synergies/ROAM Consulting has assessed the costs of green energy policies from 2001-02 to 2013-14 on retail electricity costs, for both small (residential/small business) and large (consumption of greater than 5 gigawatt-hours (GWh) per annum) customers across the mainland National Electricity Market (NEM). This includes thousands of businesses, some that qualify for government assistance under the Renewable Energy Target (RET) and carbon price, and others that do not, such as non-trade exposed manufacturing, dairy farms, office ...
DownloadReport
Review of Labour Cost Escalation Issues under National Electricity Rules
Powerlink has asked Synergies to critically assess and provide advice in relation to the Australian Energy Regulator’s (AER’s) Draft Decision to reject Powerlink’s real labour forecasts for the 2013-17 regulatory control period and substitute its own forecasts generated by its consultant based on an alternative measure of labour costs.
DownloadReport
AER Estimating a WACC for the APT Allgas Distribution Network
Synergies Economic Consulting (Synergies) has been engaged by the APA Group (APA) to review aspects of the Weighted Average Cost of Capital (WACC) to apply to the APT Allgas Energy Pty Ltd (APT Allgas) gas distribution network as part of its forthcoming review by the Australian Energy Regulator (AER).
DownloadReport
Market Access Report to National Generators Forum
In October 2005, the Ministerial Council on Energy (MCE) directed the Australian Energy Market Commission (AEMC) to consider the requirement for and scope of enhanced trading arrangements in relation to congestion management and pricing in the National Electricity Market (NEM). This investigation is referred to as the Congestion Management Review (CMR).
DownloadReport
WA Gas Supply & Demand – The Need for Policy Intervention
The DomGas Alliance was established to ensure the long term availability and competitiveness of gas to meet the requirements of the WA domestic market. The Alliance considers that the WA domestic gas market has experienced serious market failure with insufficient supply to meet emerging domestic demand and a lack of competition on the supply side.
Download