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Emissions and prices are anticorrelated in Australia’s electricity grid, undermining the potential of energy storage to support decarbonisation

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  • Bardwell, Louise
  • Blackhall, Lachlan
  • Shaw, Marnie

Abstract

Recent work has shown that energy storage operating in a CO2 intensive grid can increase greenhouse gas (GHG) emissions. In this paper we sought to characterise the emissions of Australia’s electricity grid to inform the planning and operation of energy storage with the goal of minimising emissions associated with energy storage and supporting the rapid decarbonisation of Australia’s energy system.

Suggested Citation

  • Bardwell, Louise & Blackhall, Lachlan & Shaw, Marnie, 2023. "Emissions and prices are anticorrelated in Australia’s electricity grid, undermining the potential of energy storage to support decarbonisation," Energy Policy, Elsevier, vol. 173(C).
    • Handle: RePEc:eee:enepol:v:173:y:2023:i:c:s0301421522006280
    DOI: 10.1016/j.enpol.2022.113409
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    References listed on IDEAS

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    1. Chen, Qi & Kuang, Zhonghong & Liu, Xiaohua & Zhang, Tao, 2024. "Optimal sizing and techno-economic analysis of the hybrid PV-battery-cooling storage system for commercial buildings in China," Applied Energy, Elsevier, vol. 355(C).

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