Showing 1 - 10 of 51
Persistent link: https://www.econbiz.de/10010941596
This study analyzes the effects of additional interconnection on welfare and competition in the Irish electricity market. I simulate the wholesale electricity markets of Great Britain and the island of Ireland for 2005. I find that in order for the two markets to be integrated in 2005,...
Persistent link: https://www.econbiz.de/10003671612
We evaluate how increasing wind generation affects wholesale electricity prices, balancing payments and the cost of subsidies using the Irish Single Electricity Market (SEM) as a test system, with hourly data from 1 January 2008 to 28 August 2012. We model the spot market using a system of...
Persistent link: https://www.econbiz.de/10011614204
Persistent link: https://www.econbiz.de/10011575146
This paper evaluates the effect of wind generation on CO2 emissions using 2008-2012 historical data for the Irish Single Electricity Market. Wind generation decreases CO2 emissions, but by less than the average system emissions. When we evaluate the results by technology, we find that wind...
Persistent link: https://www.econbiz.de/10010416676
In this paper we study the recent awareness and persuasion campaign launched by the Irish government to increase energy efficiency and we assess its effect on residential natural gas consumption. We first analyse changes in the daily consumption of natural gas and find that advertising leaflets...
Persistent link: https://www.econbiz.de/10003815083
Like most countries Ireland faces the double target of decreasing emissions and keeping energy costs low to maintain competitiveness of the economy. The two goals are not always compatible. This study measures the effect of increasing wind in electricity generation on the total electricity costs...
Persistent link: https://www.econbiz.de/10003935627
The Moneypoint coal plant is nearing the end of its useful life and will need to be replaced. For Moneypoint's replacement, we consider different types of baseload technologies: coal plants with and without carbon capture, combined-cycle gas plants and a nuclear plant. This paper compares how...
Persistent link: https://www.econbiz.de/10009531352
This paper evaluates the likely effect of REFIT, the Irish scheme to support renewable electricity generation, on the wholesale price of electricity. The cost of REFIT is passed on to Irish consumers. Here we calculate that when there are 4071MW of on-shore wind in the Republic of Ireland the...
Persistent link: https://www.econbiz.de/10008905417
In this paper we analyse the 2008 electricity price in the Irish All-Island Market. We test whether this price is 'efficient' by comparing it to the electricity price in Great Britain. This analysis suggests that around €16 per MWh of the difference in wholesale prices between Ireland and...
Persistent link: https://www.econbiz.de/10008905425