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Least cost, utility scale abatement from Australia's NEM (National Electricity Market). Part 2: Scenarios and policy implications

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Listed:
  • Brear, M.J.
  • Jeppesen, M.
  • Chattopadhyay, D.
  • Manzie, C.
  • Alpcan, T.
  • Dargaville, R.

Abstract

This paper is the second of a two part study that considers least cost, greenhouse gas abatement pathways for an electricity system. Part 1 of this study formulated a model for determining these abatement pathways, and applied this model to Australia's NEM (National Electricity Market) for a single reference scenario. Part 2 of this study applies this model to different scenarios and considers the policy implications. These include cases where nuclear power generation and CCS (carbon capture and storage) are implemented in Australia, which is presently not the case, as well as a more detailed examination of how an extended, RPS (renewable portfolio standard) might perform. The effect of future fuel costs and different discount rates are also examined.

Suggested Citation

  • Brear, M.J. & Jeppesen, M. & Chattopadhyay, D. & Manzie, C. & Alpcan, T. & Dargaville, R., 2016. "Least cost, utility scale abatement from Australia's NEM (National Electricity Market). Part 2: Scenarios and policy implications," Energy, Elsevier, vol. 101(C), pages 621-628.
    • Handle: RePEc:eee:energy:v:101:y:2016:i:c:p:621-628
    DOI: 10.1016/j.energy.2016.02.020
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    Cited by:

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    6. Say, Kelvin & Schill, Wolf-Peter & John, Michele, 2020. "Degrees of displacement: The impact of household PV battery prosumage on utility generation and storage," Applied Energy, Elsevier, vol. 276(C).
    7. Keck, Felix & Lenzen, Manfred, 2021. "Drivers and benefits of shared demand-side battery storage – an Australian case study," Energy Policy, Elsevier, vol. 149(C).
    8. Li, Wei & Lu, Can & Zhang, Yan-Wu, 2019. "Prospective exploration of future renewable portfolio standard schemes in China via a multi-sector CGE model," Energy Policy, Elsevier, vol. 128(C), pages 45-56.
    9. Guidolin, Mariangela & Alpcan, Tansu, 2019. "Transition to sustainable energy generation in Australia: Interplay between coal, gas and renewables," Renewable Energy, Elsevier, vol. 139(C), pages 359-367.
    10. Keck, Felix & Lenzen, Manfred & Vassallo, Anthony & Li, Mengyu, 2019. "The impact of battery energy storage for renewable energy power grids in Australia," Energy, Elsevier, vol. 173(C), pages 647-657.
    11. Lin-Ju Chen & Zhen-Hai Fang & Fei Xie & Hai-Kuo Dong & Yu-Heng Zhou, 2020. "Technology-side carbon abatement cost curves for China’s power generation sector," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 25(7), pages 1305-1323, October.
    12. Palmer, Graham, 2017. "An input-output based net-energy assessment of an electricity supply industry," Energy, Elsevier, vol. 141(C), pages 1504-1516.
    13. Tino Aboumahboub & Robert J. Brecha & Himalaya Bir Shrestha & Ursula Fuentes & Andreas Geiges & William Hare & Michiel Schaeffer & Lara Welder & Matthew J. Gidden, 2020. "Decarbonization of Australia’s Energy System: Integrated Modeling of the Transformation of Electricity, Transportation, and Industrial Sectors," Energies, MDPI, vol. 13(15), pages 1-39, July.
    14. Billimoria, Farhad & Adisa, Olumide & Gordon, Robert L., 2018. "The feasibility of cost-effective gas through network interconnectivity: Possibility or pipe dream?," Energy, Elsevier, vol. 165(PB), pages 1370-1379.
    15. Ioannou, Anastasia & Fuzuli, Gulistiani & Brennan, Feargal & Yudha, Satya Widya & Angus, Andrew, 2019. "Multi-stage stochastic optimization framework for power generation system planning integrating hybrid uncertainty modelling," Energy Economics, Elsevier, vol. 80(C), pages 760-776.
    16. Say, Kelvin & Csereklyei, Zsuzsanna & Brown, Felix Gabriel & Wang, Changlong, 2023. "The economics of public transport electrification: A case study from Victoria, Australia," Energy Economics, Elsevier, vol. 120(C).

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