Abstract
The Phase 1 report considered the conditions under which a market would be an effective tool for sharing bulk urban water, and based on this, the implications for the outcomes of a market for sharing water across the south central region. This Phase 2 report addresses comparative experiences of urban water markets in international contexts. It seeks to answer the following key questions:
• To what degree were classical market ideals (as discussed in the Phase 1 report) present internationally?
• What has been the experience of international case studies with various forms of urban water trading, including balancing issues of efficiency and equity, particularly security and affordability?
• What regulatory design insights can Victoria take away from international experiences with urban water markets?
A future phase will analyse how a bulk urban water market would interact with the current pricing and regulatory frameworks for urban water in the south central region.
• To what degree were classical market ideals (as discussed in the Phase 1 report) present internationally?
• What has been the experience of international case studies with various forms of urban water trading, including balancing issues of efficiency and equity, particularly security and affordability?
• What regulatory design insights can Victoria take away from international experiences with urban water markets?
A future phase will analyse how a bulk urban water market would interact with the current pricing and regulatory frameworks for urban water in the south central region.
Original language | English |
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Place of Publication | Australia |
Publisher | Victorian Department of Environment, Land, Water and Planning |
Commissioning body | Victorian Department of Environment, Land, Water and Planning |
Number of pages | 41 |
Publication status | Published - Oct 2020 |