Cost-benefit analysis of a possible Demand Response Mechanism

Oakley Greenwood has published their final report to the Department of Industry detailing the ‘Cost-benefit analysis of a possible Demand Response Mechanism’. In May, officials from the department contracted Oakley Greenwood to undertake further analysis of the Demand Response Mechanism, including market modelling. Oakley Greenwood prepared a consultation paper which outlined the potential methodology and data sources which it will draw upon to undertake its analysis. The public consultation period for the paper opened on Monday 25th of August 2014 and closed on Friday 12 September 2014, during which time a number of stakeholders submitted responses including EnergyAustralia, Origin Energy, Energex and numerous others.