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Should Coal Replace Coal? Options for the Irish Electricity Market

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  • Diffney, Seán
  • Malaguzzi Valeri, Laura
  • Walsh, Darragh

Abstract

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 the different types of plant are likely to affect the net costs of the Single Electricity Market under a number of fossil fuel and carbon price scenarios and highlights issues that might be of interest to final consumers and policy makers, namely effects on short-run prices, emissions and energy security.

Suggested Citation

  • Diffney, Seán & Malaguzzi Valeri, Laura & Walsh, Darragh, 2012. "Should Coal Replace Coal? Options for the Irish Electricity Market," Papers WP428, Economic and Social Research Institute (ESRI).
    • Handle: RePEc:esr:wpaper:wp428
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    1. Turconi, R. & O’Dwyer, C. & Flynn, D. & Astrup, T., 2014. "Emissions from cycling of thermal power plants in electricity systems with high penetration of wind power: Life cycle assessment for Ireland," Applied Energy, Elsevier, vol. 131(C), pages 1-8.
    2. Curtis, John & Devitt, Niamh & di Cosmo, Valeria & Farrell, Niall & FitzGerald, John & Hyland, Marie & Lynch, Muireann & Lyons, Sean & McCoy, Daire & Malaguzzi Valeri, Laura & Walsh, Darragh, 2014. "Irish Energy Policy: An Analysis of Current Issues," Research Series, Economic and Social Research Institute (ESRI), number rs37 edited by FitzGerald, John & Malaguzzi Valeri, Laura.
    3. Gorecki, Paul K., 2013. "Ensuring compatibility of the all-island electricity system with the target model: Fitting a square peg into a round hole?," Energy Policy, Elsevier, vol. 52(C), pages 677-688.

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