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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/10010277555
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/10010277650
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/10012961786
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 measure the effect of wind on the marginal...
Persistent link: https://www.econbiz.de/10012962851
This paper analyses the medium-term effects of a carbon tax on growth and CO<sub>2</sub> 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/10010975454
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/10005087662
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 4,071MW of on-shore wind in the Republic of Ireland, the...
Persistent link: https://www.econbiz.de/10009319710
Persistent link: https://www.econbiz.de/10010112493
Climate policy is driving an extensive deployment of wind generation in the Irish electricity market. This study evaluates the cost of increasing wind generation both to the system as a whole and to consumers for 2020. We consider different scenarios on fuel and carbon-dioxide permit prices and...
Persistent link: https://www.econbiz.de/10013149953
Climate policy is driving an extensive deployment of wind generation in the Irish electricity market. This study evaluates the cost of increasing wind generation both to the system as a whole and to consumers for 2020. We consider different scenarios on fuel and carbon-dioxide permit prices and...
Persistent link: https://www.econbiz.de/10008553425