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Submission: Australian Energy Regulator; Rate of Return Instrument Review discussion paper

December 23, 2025
Johanna Bowyer
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18 December 2025 

To: Australian Energy Regulator
Re: Rate of Return Instrument Review discussion paper

Thank you for the opportunity for the Institute for Energy Economics and Financial Analysis (IEEFA) to provide input to the Australian Energy Regulator (AER)’s 2026 Rate of Return Instrument (RORI) Review, in response to the discussion paper.

IEEFA is an independent energy finance think tank that examines issues related to energy markets, trends and policies. The Institute’s mission is to accelerate the transition to a diverse, sustainable and profitable energy economy.

Kind regards,
Johanna Bowyer – Lead Analyst, Australian Electricity, IEEFA


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Johanna Bowyer

Johanna Bowyer is the Lead Analyst for Australian Electricity at IEEFA. Her research is focused on trends in the National Electricity Market, energy policy and decarbonisation.

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