Cross Sector - Australian Infrastructure, Corporates, Sub-sovereigns : Volatile Energy Prices Manageable; But Evolving Policy Presents a Key Challenge
CROSS-SECTOR SECTOR IN-DEPTH 3 April 2017 TABLE OF CONTENTS Summary 1 Operating conditions in the utilities sector will be characterised by energy price volatility, from rising gas prices 2 Vertically integrated utilities’ exposure to volatility is mitigated by their ownership of upstream generation and/ or gas 4 Regulated utilities are underpinned by the regulatory framework, but will need to mit
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