Showing 1 - 10 of 14
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
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
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
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
The Irish Single Electricity Market is establishing how to comply with the European Union Target Model. One option is to move away from the regulated environment used in the current design and allow generating firms to bid freely in the market. This study shows that in 2011, allowing firms to...
Persistent link: https://www.econbiz.de/10010402339
This article considers the possible effects on electricity costs of implementing The Brighter Evenings Bill, 2012, which would move Ireland to Central European Time (CET). The results suggest that such a change would produce very limited savings in peak de mand for electricity and possibly some...
Persistent link: https://www.econbiz.de/10010402352
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
This paper analyses the medium-term effects of a carbon tax on growth and CO2 emissions in Ireland, a small open economy. We find that a double dividend exists if the carbon tax revenue is recycled through reduced income taxes. If the revenue is recycled by giving a lump-sum transfer to...
Persistent link: https://www.econbiz.de/10003746696
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