Electricity Market Implications of a Least-Cost Carbon Abatement Plan: An Australian Perspective
Several least-cost planning studies have suggested a significant shift away from coal toward gas, renewables and potentially nuclear in the long term. Using a Cournot gaming model to analyze the ramifications that market power in Australia's concentrated market may hold for a transition to a lo...
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Veröffentlicht in: | The Electricity journal 2014-10, Vol.27 (8), p.105-115 |
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container_title | The Electricity journal |
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creator | Chattopadhyay, Deb Alpcan, Tansu Jeppesen, Matthew Brear, Michael J. |
description | Several least-cost planning studies have suggested a significant shift away from coal toward gas, renewables and potentially nuclear in the long term. Using a Cournot gaming model to analyze the ramifications that market power in Australia's concentrated market may hold for a transition to a low-carbon electricity sector suggests that the substantial influence on price outcomes of some players will need to be fixed before we can have faith in the least-cost carbon abatement strategy. |
doi_str_mv | 10.1016/j.tej.2014.09.010 |
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source | Elsevier ScienceDirect Journals Complete; PAIS Index |
subjects | Abatement Australia Carbon Coal Electric power Electricity Electricity industry Energy policy Markets Players Prices Strategy |
title | Electricity Market Implications of a Least-Cost Carbon Abatement Plan: An Australian Perspective |
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