Electric utilities, Electric power failures, Prices, Privatization, Electricity, and Electric generators
The article discusses the impact of the reform of the electricity industry in Australia. The author notes that the reform has led to widespread blackouts and rising prices. She explains the reason for failure is the gap between the theories and analysis that was behind the reforms and the technical and financial realities of the electricity industry. She adds that further changes recommended include breaking up and privatizing the electricity generators in New South Wales and Queensland.