Electricity market transitions in Australia: Evidence using model-based clustering
Author
Abstract
Suggested Citation
DOI: 10.1016/j.eneco.2021.105590
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Li, Pei-Hao & Pye, Steve & Keppo, Ilkka, 2020. "Using clustering algorithms to characterise uncertain long-term decarbonisation pathways," Applied Energy, Elsevier, vol. 268(C).
- Burke, Paul J., 2010.
"Income, resources, and electricity mix,"
Energy Economics, Elsevier, vol. 32(3), pages 616-626, May.
- Paul J. Burke, 2010. "Income, resources, and electricity mix," CEPR Discussion Papers 636, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- Zsuzsanna Csereklyei, M. d. Mar Rubio-Varas, and David I. Stern, 2016.
"Energy and Economic Growth: The Stylized Facts,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
- Zsuzsanna Csereklyei & M. d. Mar Rubio-Varas & David I. Stern, 2016. "Energy and Economic Growth: The Stylized Facts," The Energy Journal, , vol. 37(2), pages 223-256, April.
- Csereklyei, Zszsanna & Varas, Mar Rubio & Stern, David I., 2014. "Energy and Economic Growth: The Stylized Facts," Working Papers 249502, Australian National University, Centre for Climate Economics & Policy.
- Zsuzsanna Csereklyei & Maria del Mar Rubio Varas & David I. Stern, 2014. "Energy and Economic Growth: The Stylized Facts," CCEP Working Papers 1417, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Yael Parag & Benjamin K. Sovacool, 2016. "Electricity market design for the prosumer era," Nature Energy, Nature, vol. 1(4), pages 1-6, April.
- Rubio, M.d.Mar & Folchi, Mauricio, 2012. "Will small energy consumers be faster in transition? Evidence from the early shift from coal to oil in Latin America," Energy Policy, Elsevier, vol. 50(C), pages 50-61.
- Csereklyei, Zsuzsanna & Qu, Songze & Ancev, Tihomir, 2019.
"The effect of wind and solar power generation on wholesale electricity prices in Australia,"
Energy Policy, Elsevier, vol. 131(C), pages 358-369.
- Csereklyei, Zsuzsanna & Qu, Songze & Ancev, Tihomir, 2019. "The effect of wind and solar power generation on wholesale electricity prices in Australia," Working Papers 2019-09, University of Sydney, School of Economics, revised Mar 2019.
- Teh, Yee Whye & Jordan, Michael I. & Beal, Matthew J. & Blei, David M., 2006. "Hierarchical Dirichlet Processes," Journal of the American Statistical Association, American Statistical Association, vol. 101, pages 1566-1581, December.
- Kyritsis, Evangelos & Andersson, Jonas & Serletis, Apostolos, 2017.
"Electricity prices, large-scale renewable integration, and policy implications,"
Energy Policy, Elsevier, vol. 101(C), pages 550-560.
- Kyritsis, Evangelos & Andersson, Jonas & Serletis, Apostolos, 2016. "Electricity Prices, Large-Scale Renewable Integration, and Policy Implications," Discussion Papers 2016/18, Norwegian School of Economics, Department of Business and Management Science.
- Rohan Best & Paul J. Burke, 2020.
"Energy mix persistence and the effect of carbon pricing,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), pages 555-574, July.
- Best, Rohan & Burke, Paul J., 2020. "Energy mix persistence and the effect of carbon pricing," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), July.
- Rohan Best & Paul J Burke, 2020. "Energy mix persistence and the effect of carbon pricing," CCEP Working Papers 2001, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Paul J. Burke & Rohan Best & Frank Jotzo, 2019.
"Closures of coal‐fired power stations in Australia: local unemployment effects,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(1), pages 142-165, January.
- Burke, Paul J. & Best, Rohan & Jotzo, Frank, 2019. "Closures of coal-fired power stations in Australia: local unemployment effects," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(1), January.
- Paul J. Burke & Rohan Best & Frank Jotzo, 2018. "Closures of coal-fired power stations in Australia: local unemployment effects," CCEP Working Papers 1809, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- McGreevy, Dr Michael & MacDougall, Colin & Fisher, Dr Matt & Henley, Mark & Baum, Fran, 2021. "Expediting a renewable energy transition in a privatised market via public policy: The case of south Australia 2004-18," Energy Policy, Elsevier, vol. 148(PA).
- Schaffer, Lena Maria & Bernauer, Thomas, 2014. "Explaining government choices for promoting renewable energy," Energy Policy, Elsevier, vol. 68(C), pages 15-27.
- Burke, Paul J., 2013.
"The national-level energy ladder and its carbon implications,"
Environment and Development Economics, Cambridge University Press, vol. 18(4), pages 484-503, August.
- Paul J. Burke, 2011. "The National-Level Energy Ladder and its Carbon Implications," CCEP Working Papers 1116, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Burke, Paul J., 2011. "The National-Level Energy Ladder and its Carbon Implications," Working Papers 249539, Australian National University, Centre for Climate Economics & Policy.
- Li, Kehua & Ma, Zhenjun & Robinson, Duane & Ma, Jun, 2018. "Identification of typical building daily electricity usage profiles using Gaussian mixture model-based clustering and hierarchical clustering," Applied Energy, Elsevier, vol. 231(C), pages 331-342.
- Gales, Ben & Kander, Astrid & Malanima, Paolo & Rubio, Mar, 2007. "North versus South: Energy transition and energy intensity in Europe over 200 years," European Review of Economic History, Cambridge University Press, vol. 11(2), pages 219-253, August.
- Félix Iglesias & Wolfgang Kastner, 2013. "Analysis of Similarity Measures in Times Series Clustering for the Discovery of Building Energy Patterns," Energies, MDPI, vol. 6(2), pages 1-19, January.
- Geels, Frank W., 2004. "From sectoral systems of innovation to socio-technical systems: Insights about dynamics and change from sociology and institutional theory," Research Policy, Elsevier, vol. 33(6-7), pages 897-920, September.
- Gong, Bing & Zheng, Xiaochen & Guo, Qing & Ordieres-Meré, Joaquín, 2019. "Discovering the patterns of energy consumption, GDP, and CO2 emissions in China using the cluster method," Energy, Elsevier, vol. 166(C), pages 1149-1167.
- Unruh, Gregory C., 2000. "Understanding carbon lock-in," Energy Policy, Elsevier, vol. 28(12), pages 817-830, October.
- Burke, Paul J. & Dundas, Guy, 2015. "Female Labor Force Participation and Household Dependence on Biomass Energy: Evidence from National Longitudinal Data," World Development, Elsevier, vol. 67(C), pages 424-437.
- Csereklyei, Zsuzsanna & Thurner, Paul W. & Langer, Johannes & Küchenhoff, Helmut, 2017.
"Energy paths in the European Union: A model-based clustering approach,"
Energy Economics, Elsevier, vol. 65(C), pages 442-457.
- Zsuzsanna Csereklyei & Paul W. Thurner & Johannes Langer & Helmut Küchenhoff, 2017. "Energy paths in the European Union: A model-based clustering approach," CCEP Working Papers 1701, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Gross, Robert & Blyth, William & Heptonstall, Philip, 2010. "Risks, revenues and investment in electricity generation: Why policy needs to look beyond costs," Energy Economics, Elsevier, vol. 32(4), pages 796-804, July.
- Roger Fouquet, 2016.
"Path dependence in energy systems and economic development,"
Nature Energy, Nature, vol. 1(8), pages 1-5, August.
- Fouquet, Roger, 2016. "Path dependence in energy systems and economic development," LSE Research Online Documents on Economics 67119, London School of Economics and Political Science, LSE Library.
- Paul L. Joskow, 2011.
"Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies,"
American Economic Review, American Economic Association, vol. 101(3), pages 238-241, May.
- Paul L. Joskow, 2010. "Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies," Working Papers 1013, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Paul L. Joskow, 2011. "Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies," EUI-RSCAS Working Papers 45, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
- Paul L. Joskow, 2011. "Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies," RSCAS Working Papers 2011/45, European University Institute.
- Pierson, Paul, 2000. "Increasing Returns, Path Dependence, and the Study of Politics," American Political Science Review, Cambridge University Press, vol. 94(2), pages 251-267, June.
- Zsuzsanna Csereklyei & David I. Stern, 2018.
"Technology Choices in the U.S. Electricity Industry before and after Market Restructuring,"
The Energy Journal, , vol. 39(5), pages 157-182, September.
- Zsuzsanna Csereklyei and David I. Stern, 2018. "Technology Choices in the U.S. Electricity Industry before and after Market Restructuring," The Energy Journal, International Association for Energy Economics, vol. 0(Number 5).
- Zsuzsanna Csereklyei & David I. Stern, 2017. "Technology choices in the U.S. electricity industry before and after market restructuring," CCEP Working Papers 1703, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Grubler, Arnulf & Nakicenovic, Nebojsa & Victor, David G., 1999. "Dynamics of energy technologies and global change," Energy Policy, Elsevier, vol. 27(5), pages 247-280, May.
- Bourcet, Clémence, 2020. "Empirical determinants of renewable energy deployment: A systematic literature review," Energy Economics, Elsevier, vol. 85(C).
- Tahvonen, Olli & Salo, Seppo, 2001. "Economic growth and transitions between renewable and nonrenewable energy resources," European Economic Review, Elsevier, vol. 45(8), pages 1379-1398, August.
- Hsu, David, 2015. "Comparison of integrated clustering methods for accurate and stable prediction of building energy consumption data," Applied Energy, Elsevier, vol. 160(C), pages 153-163.
- Raftery, Adrian E. & Dean, Nema, 2006. "Variable Selection for Model-Based Clustering," Journal of the American Statistical Association, American Statistical Association, vol. 101, pages 168-178, March.
- Bridge, Gavin & Bouzarovski, Stefan & Bradshaw, Michael & Eyre, Nick, 2013. "Geographies of energy transition: Space, place and the low-carbon economy," Energy Policy, Elsevier, vol. 53(C), pages 331-340.
- Ahlquist, John S. & Breunig, Christian, 2012. "Model-based Clustering and Typologies in the Social Sciences," Political Analysis, Cambridge University Press, vol. 20(1), pages 92-112, January.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Gianluca Stefani & Mario Biggeri & Lucia Ferrone, 2022. "Sustainable Transitions Narratives: An Analysis of the Literature through Topic Modelling," Sustainability, MDPI, vol. 14(4), pages 1-25, February.
- Say, Kelvin & Csereklyei, Zsuzsanna & Brown, Felix Gabriel & Wang, Changlong, 2024. "The economics of public transport electrification: The charging dilemma," Energy Economics, Elsevier, vol. 135(C).
- Zhou, Xianyang & Zhou, Dequn & Ding, Hao & Zhao, Siqi & Wang, Qunwei, 2023. "Low-carbon transition of China's provincial power sector under renewable portfolio standards and carbon cap," Energy, Elsevier, vol. 283(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Csereklyei, Zsuzsanna & Thurner, Paul W. & Langer, Johannes & Küchenhoff, Helmut, 2017.
"Energy paths in the European Union: A model-based clustering approach,"
Energy Economics, Elsevier, vol. 65(C), pages 442-457.
- Zsuzsanna Csereklyei & Paul W. Thurner & Johannes Langer & Helmut Küchenhoff, 2017. "Energy paths in the European Union: A model-based clustering approach," CCEP Working Papers 1701, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Burke, Paul J. & Csereklyei, Zsuzsanna, 2016.
"Understanding the energy-GDP elasticity: A sectoral approach,"
Energy Economics, Elsevier, vol. 58(C), pages 199-210.
- Paul J. Burke & Zsuzsanna Csereklyei, 2016. "Understanding the energy-GDP elasticity: A sectoral approach," CAMA Working Papers 2016-45, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Rohan Best & Paul J. Burke, 2020.
"Energy mix persistence and the effect of carbon pricing,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), pages 555-574, July.
- Best, Rohan & Burke, Paul J., 2020. "Energy mix persistence and the effect of carbon pricing," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), July.
- Rohan Best & Paul J Burke, 2020. "Energy mix persistence and the effect of carbon pricing," CCEP Working Papers 2001, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Maarten Wolsink, 2020. "Framing in Renewable Energy Policies: A Glossary," Energies, MDPI, vol. 13(11), pages 1-31, June.
- Fouquet, Roger, 2016. "Lessons from energy history for climate policy: technological change, demand and economic development," LSE Research Online Documents on Economics 67785, London School of Economics and Political Science, LSE Library.
- David I. Stern, 2010.
"The Role of Energy in Economic Growth,"
CCEP Working Papers
0310, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Stern, David I., 2010. "The Role of Energy in Economic Growth," Working Papers 249380, Australian National University, Centre for Climate Economics & Policy.
- Dong Wang & Ben White & Amin Mugera & Bei Wang, 2022. "Energy Transition and Economic Development in China: A National and Sectorial Analysis from a New Structural Economics Perspectives," Sustainability, MDPI, vol. 14(24), pages 1-19, December.
- Csereklyei, Zsuzsanna & Kallies, Anne, 2022. "A legal-economic framework of electricity markets: Assessing Australia’s transition," MPRA Paper 114191, University Library of Munich, Germany.
- Wilkinson, Sam & Maticka, Martin J. & Liu, Yue & John, Michele, 2021. "The duck curve in a drying pond: The impact of rooftop PV on the Western Australian electricity market transition," Utilities Policy, Elsevier, vol. 71(C).
- Mwampashi, Muthe Mathias & Nikitopoulos, Christina Sklibosios & Konstandatos, Otto & Rai, Alan, 2021.
"Wind generation and the dynamics of electricity prices in Australia,"
Energy Economics, Elsevier, vol. 103(C).
- Muthe Mathias Mwampashi & Christina Sklibosios Nikitopoulos & Otto Konstandatos & Alan Rai, 2020. "Wind Generation and the Dynamics of Electricity Prices in Australia," Research Paper Series 416, Quantitative Finance Research Centre, University of Technology, Sydney.
- Zsuzsanna Csereklyei & M. d. Mar Rubio-Varas & David I. Stern, 2016.
"Energy and Economic Growth: The Stylized Facts,"
The Energy Journal, , vol. 37(2), pages 223-256, April.
- Zsuzsanna Csereklyei, M. d. Mar Rubio-Varas, and David I. Stern, 2016. "Energy and Economic Growth: The Stylized Facts," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
- Zsuzsanna Csereklyei & Maria del Mar Rubio Varas & David I. Stern, 2014. "Energy and Economic Growth: The Stylized Facts," CCEP Working Papers 1417, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Csereklyei, Zszsanna & Varas, Mar Rubio & Stern, David I., 2014. "Energy and Economic Growth: The Stylized Facts," Working Papers 249502, Australian National University, Centre for Climate Economics & Policy.
- Sofia Teives Henriques & Paul Sharp, 2021.
"Without coal in the age of steam and dams in the age of electricity: an explanation for the failure of Portugal to industrialize before the Second World War,"
European Review of Economic History, European Historical Economics Society, vol. 25(1), pages 85-105.
- Teives Henriques, Sofia & Sharp, Paul, 2018. "Without coal in the age of steam and dams in the age of electricity: An explanation for the failure of Portugal to industrialize before the Second World War," Lund Papers in Economic History 185, Lund University, Department of Economic History.
- Sofia Teives Henriques & Paul Sharp, 2019. "Without coal in the age of steam and dams in the age of electricity: an explanation for the failure of Portugal to industrialize before the Second World War," Working Papers 0148, European Historical Economics Society (EHES).
- Edmondson, Duncan L. & Kern, Florian & Rogge, Karoline S., 2019. "The co-evolution of policy mixes and socio-technical systems: Towards a conceptual framework of policy mix feedback in sustainability transitions," Research Policy, Elsevier, vol. 48(10).
- Paul J. Burke & Md Shahiduzzaman & David I. Stern, 2015. "Carbon dioxide emissions in the short run: The rate and sources of economic growth matter," CAMA Working Papers 2015-12, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Wei Jin & ZhongXiang Zhang, 2018.
"Capital Accumulation, Green Paradox, and Stranded Assets: An Endogenous Growth Perspective,"
Working Papers
2018.33, Fondazione Eni Enrico Mattei.
- Jin, Wei & Zhang, ZhongXiang, 2019. "Capital Accumulation, GreeParadox, and Stranded Assets: An Endogenous Growth Perspective," ETA: Economic Theory and Applications 281286, Fondazione Eni Enrico Mattei (FEEM).
- Sorrell, Steve, 2015. "Reducing energy demand: A review of issues, challenges and approaches," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 74-82.
- Zhan, Sicheng & Liu, Zhaoru & Chong, Adrian & Yan, Da, 2020. "Building categorization revisited: A clustering-based approach to using smart meter data for building energy benchmarking," Applied Energy, Elsevier, vol. 269(C).
- Jukka Luhas & Mirja Mikkilä & Ville Uusitalo & Lassi Linnanen, 2019. "Product Diversification in Sustainability Transition: The Forest-Based Bioeconomy in Finland," Sustainability, MDPI, vol. 11(12), pages 1-19, June.
- Kirsi Kotilainen & Pami Aalto & Jussi Valta & Antti Rautiainen & Matti Kojo & Benjamin K. Sovacool, 2019. "From path dependence to policy mixes for Nordic electric mobility: Lessons for accelerating future transport transitions," Policy Sciences, Springer;Society of Policy Sciences, vol. 52(4), pages 573-600, December.
- Cherp, Aleh & Vinichenko, Vadim & Jewell, Jessica & Suzuki, Masahiro & Antal, Miklós, 2017. "Comparing electricity transitions: A historical analysis of nuclear, wind and solar power in Germany and Japan," Energy Policy, Elsevier, vol. 101(C), pages 612-628.
More about this item
Keywords
Model-based clustering; Energy transition; Australia;All these keywords.
JEL classification:
- Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
- C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
- C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
- O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:103:y:2021:i:c:s0140988321004588. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eneco .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.