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This short review will provide an analysis of the key challenges faced by electricity markets and their participants in increasing the penetration of large scale renewables. This review will assess the key barriers purely from an economic perspective. The global of deployment of large scale...
Persistent link: https://www.econbiz.de/10010796001
Distributed Generation (DG), which is electricity generation located close to the load/demand. While the definition of DG is far from “settled” [1], for the purpose of this project, DG will refer to electricity generation that is produced and consumed within the catchment area of the local...
Persistent link: https://www.econbiz.de/10010827831
This paper, the final in a three part series examining the competitiveness of Australia’s power system, seeks to identify a pragmatic strategy to transition Australia to a resilient power economy at reasonable cost and in an age of uncertainty. The resilience of a country’s power economy...
Persistent link: https://www.econbiz.de/10010827835
Australia’s renewable energy policy has taken significant steps towards encouraging the deployment of lower carbon emissions energy generation. Effective policy and regulatory frameworks are paramount to incentivising the deployment of renewable energy to achieve long term reductions in carbon...
Persistent link: https://www.econbiz.de/10010827843
LCOE models are widely applied at national and regional levels for the energy systems design, energy generation projections and technology assessment. Although LCOE is a well developed and standard technique in the energy sector economics, authors approach model construction in different ways to...
Persistent link: https://www.econbiz.de/10010827852
Providing electricity to regional and remote communities is challenging and expensive. Uniform tariff policies result in subsidised electricity costs for consumers in high cost regional areas. Prices have a dual role of incentivising efficient use of resources and distributing income. These dual...
Persistent link: https://www.econbiz.de/10010891586