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> "Power lines are natural monopolies. Traditionally they were all government owned. Jeff Kennett privatised Victorian networks, but until very recently, distri
by ldp01 9y ago
> "Power lines are natural monopolies. Traditionally they were all government owned. Jeff Kennett privatised Victorian networks, but until very recently, distribution networks in other states, such as NSW and Queensland, have remained government owned, with regulated pricing."
This author sounds confused. An electrical network operator is a regulated monopoly whether it is government or privately owned. The regulation may be good or bad, but it is independent of who owns the assets.
And why is it a surprise that building ANY sort of distribution network is inefficient in the third most sparsely populated country in the world[1]? At least in the West there is now a strong push for standalone power projects with a view to decommissioning some of the redundant infrastructure.
[1] - https://simple.wikipedia.org/wiki/List_of_countries_by_population_density https://simple.wikipedia.org/wiki/List_of_countries_by_popul...