Deregulation in the electricity supply industry (ESI) is taking place globa
lly and this paper analyses a case of reform in Australia. The focus is on
change management rather than the technical aspects of power generation, tr
ansmission and retail supply. Change theory has moved on from static models
to dynamic models of strategic choice and it is against this background th
at the case is viewed. A contextualist approach is employed in which the su
bstance, context and politics of change are used to analyse unfolding event
s. Management implications of the case are discussed.