Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Wed, Apr 24, 2024 03:14 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Tim Nelson

Associate Professor of Economics, Griffith University
Authored nearly 50 journal articles in journals such as Economic Papers, Energy Economics, Energy Policy, Economic Analysis and Policy, Australian Journal of Agricultural and Research Economics.

Areas of expertise are electricity markets; climate change and energy markets.

Tim is the Executive General Manager, Strategy and Economic Analysis at the Australian Energy Market Commission. Prior to November 2018, he was the Chief Economist of AGL where he led public policy, sustainability and corporate communications. Tim originated the Powering Australian Renewables Fund concept and was a Director of PARF until late 2018. He also established AGL’s market leading corporate reporting in relation to climate risk.

Tim is also a member of the Westpac Stakeholder Advisory Council and on the Research Committee at the Centre for Policy Development. He has previously been a director of Sustainable Business Australia and served on the Grattan Institute Energy Reference Group as well as stakeholder expert groups for the Finkel Review and various energy white paper processes.

Tim is an Associate Professor at Griffith University and is widely published in Australian and international peer-reviewed journals. He has presented at conferences in Australia and throughout Asia and Europe. He holds a PhD in economics for which he earned a Chancellors Doctoral Research Medal and a first class honours degree in economics. Tim is also a fellow of the Governance Institute (FGIA and FCIS) and a graduate of the Australian Institute of Company Directors (GAICD).

Farewell Liddell: what to expect when Australia's oldest coal plant closes

Apr 13, 2023 15:12 pm UTC| Business

After more than five decades, the last operating units of the Liddell coal-fired power station will close this month. The stations owner, AGL, is Australias largest carbon polluter. Liddells closure will reduce the...

Future of Coal Series

Why including coal in a new ‘capacity mechanism’ will make Australia's energy crisis worse

Jun 21, 2022 21:42 pm UTC| Economy

Australias electricity generators would be paid extra money to be available even if they dont actually generate any energy, under a new mechanism proposed by the federal governments Energy Security Board...

Energy bills are spiking after the Russian invasion. We should have doubled-down on renewables years ago

Mar 21, 2022 12:39 pm UTC| Economy

Russias invasion of Ukraine is happening half a planet away from Australia. But the ripple effects are plain to see at every petrol station and, potentially soon, your electricity bill. As a result of the invasion...

The Texas deep freeze left the state in crisis. Here are 3 lessons for Australia

Feb 26, 2021 14:46 pm UTC| Nature

The US state of Texas has this month experienced some of its coldest weather on record. Houston recorded a temperature of -10.6℃, which is around 20℃ below average. And Dallas-Fort Worth recorded its lowest-ever...

Finally, your electricity bill looks set to fall. Here's how much you could save

Dec 10, 2019 05:22 am UTC| Insights & Views Life

Household electricity bills in Australia have increased sharply in the past decade. But new official figures show they are projected to fall markedly - in some cases by 20%. In-house modelling we conducted at the...

Economy

The idea that US interest rates will stay higher for longer is probably wrong

The 0.4% rise in US consumer prices in March didnt look like headline news. It was the same as the February increase, and the year-on-year rise of 3.5% is still sharply down from 5% a year ago. All the same, this modest...

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

Why Africa can be the beating heart of South Korea’s technology industry

Tshepo Ncube, Head: International Coverage and Bhavtik Vallabhjee, Head: Power, Utilities Infrastructure at Absa CIB reflect on their recent visit to South Korea, examining why investors in the region have their eyes set...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

Politics

US Commerce Secretary Asserts Huawei Chip Lag, Affirms Export Control Success

In an interview on CBS News 60 Minutes, Commerce Secretary Gina Raimondo stated that the latest Huawei Mate 60 Pro phones chip remains significantly behind U.S. technology despite being the most advanced from China. She...

Putin’s Russia: first arrests under new anti-LGBT laws mark new era of repression

Just over three decades after Russia decriminalised homosexuality in 1993, three people have been arrested and charged under the countrys harsh new anti-LGBT laws and could face ten years in prison for membership of an...

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

Science

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

Technology

Hong Kong Cracks Down on Crypto Scams as FTX Claims Ignite Market Surge

Hong Kongs Securities and Futures Commission has warned against two crypto trading platforms, CBEX Group and Bitget Pro, over suspected fraudulent activities, just as the market sees a surge amid FTX bankruptcy...

SEC Postpones Grayscale's Ethereum ETF Decision Amid Tighter Crypto Scrutiny

The SEC has once again delayed Grayscales application for a spot Ethereum ETF, pushing the decision to June 23 as it intensifies its examination of cryptocurrency ETFs. This marks another delay setback affecting major...

Bitcoin Surges Past Tesla in Five-Year Gains, Sparks New Interest in ETFs

For the first time since 2019, Bitcoin has outperformed Teslas stock, marking a significant milestone as it becomes the ninth-largest asset globally. Despite Teslas decline, Bitcoin soared 139% last year, bolstered by...

New Crypto Whale Snags 237.8 Billion SHIB Following Key Shiba Inu Blockchain Announcement

Shortly after Shiba Inu announced securing $12 million for a new layer-3 blockchain project, a new whale acquired 237.8 billion SHIB, stirring the crypto community and fueling speculation about the coins future. Massive...

Crypto.com's Launch in South Korea Stalled by AML Regulatory Concerns, Postponement Announced

Crypto.com has delayed its much-anticipated launch in South Korea after an emergency inspection by local regulators revealed issues with its anti-money laundering measures, forcing the cryptocurrency exchange to reassess...