Presented on Tuesday 2 June 2026 at the University of Melbourne, the 2026 Downing Public Lecture features Professor Meredith Fowlie (UC Berkeley) examining the critical role of electricity pricing in shaping a cleaner and more equitable energy future.
Hosted by the Faculty of Business and Economics, Professor Fowlie opens by outlining the growing pressures on modern electricity systems and the need for pricing structures that reflect the realities of a rapidly changing grid.
If we want a cleaner grid, we need pricing that tells the truth about the cost of power.
She speaks about the increasing demands placed on electricity markets and notes that "we are asking our electricity system to do more than ever before".
She highlights the challenge of balancing affordability, decarbonisation and reliability.
Equity is not a side issue in the energy transition.
Professor Fowlie goes on to explore the hidden forces behind power bills, the impact of renewable integration and the policy decisions that will shape the next decade. Her expert analysis offers a clear and accessible understanding of the economics behind the energy transition and why electricity pricing matters for every household.
This year’s Downing Lecture provides a timely and engaging perspective on how Australia can move toward a cleaner and more equitable energy future.
Check out the full lecture below for a deeper understanding of the stakes and the opportunities ahead.
