Understanding the natural gas market

Exploring the impact of the Natural Gas Market on the Tasmanian Economy and the Potential for Renewable Energy

Degree type


Closing date

27 March 2023


Hobart, Launceston

Citizenship requirement


About the research project

The natural gas industry is characterized by geographically segmented markets, with prices affected by regional market fluctuations and geopolitical developments. Therefore, it is crucial to understand how these events affect the natural gas market and the subsequent effects on economic performance and environmental sustainability.

As one of its core strategic goals, UTAS aims to enhance environmental sustainability and economic performance in Tasmania. This project aligns with this goal (i) by analyzing natural gas prices' economic effects across different Tasmanian sectors and (ii) by assessing their impact on renewable energy markets. Specifically, the project will identify the underlying local demand and supply shocks for natural gas markets and quantify the impacts of these shocks on economic performance at the regional level. Additionally, the project will highlight the potential responses of the market of alternative energy forms, such as bioenergy, wind, and solar power, to these shocks.

The successful candidate for this project will develop a structural model to identify the economic factors driving regional natural gas markets . With an appropriate identification strategy, this structural model will provide estimates of the dynamic and asymmetric effects of supply and demand shocks on the real price of natural gas. In addition, the project will investigate the impact of these asymmetric shocks on Tasmanian economic indicators and the renewable energy sectors.

Primary Supervisor

Meet Dr Mala Raghavan


Applicants will be considered for a Research Training Program (RTP) scholarship or Tasmania Graduate Research Scholarship (TGRS) which, if successful, provides:

  • a living allowance stipend of $31,500 per annum (2023 rate, indexed annually) for 3.5 years
  • a relocation allowance of up to $2,000
  • a tuition fees offset covering the cost of tuition fees for up to four years (domestic applicants only)

If successful, international applicants will receive a University of Tasmania Fees Offset for up to four years.

As part of the application process you may indicate if you do not wish to be considered for scholarship funding.


Applicants should review the Higher Degree by Research minimum entry requirements.

Additional eligibility criteria specific to this project/scholarship:

  • Applicants must be able to undertake the project on-campus

Selection Criteria

The project is competitively assessed and awarded.  Selection is based on academic merit and suitability to the project as determined by the College.

Application process

There is a three-step application process:

  1. Select your project, and check you meet the eligibility and selection criteria;
  2. Contact the Primary Supervisor, Dr Mala Raghavan to discuss your suitability and the project's requirements; and
  3. Submit an application by the closing date listed above.
    • Copy and paste the title of the project from this advertisement into your application. If you don’t correctly do this your application may be rejected.
    • As part of your application, you will be required to submit a covering letter, a CV including 2 x referees and your project research proposal.

Following the application closing date applications will be assessed within the College. Applicants should expect to receive notification of the outcome by email by the advertised outcome date.

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