We seek to evaluate the extent of the pass through of increased fuel and carbon costs to wholesale prices with a shift of generation from coal-fired to gas-fired plants. Modelling of Australia's National Electricity Market in 2035 is undertaken using Australian Energy Market Operator assumptions...

The National Electricity Market was established in 1998 as a response to the overall deregulation and restructuring of the Australian electricity sector. The wholesale market integration effects of this establishment, however, remain to be examined. We use pairwise unit root tests, cointegration...

Distributed Generation (DG), which is electricity generation located close to the load/demand. While the definition of DG is far from “settled” [1], for the purpose of this project, DG will refer to electricity generation that is produced and consumed within the catchment area of the local...

Australia’s abundant supply of coal has underpinned its power system. Competing countries have used a variety of energy resources, which sees many of them now equipped with resilient power systems to provide future electrical power. This paper considers the implication of possible scenarios...

We seek to evaluate the projection that a carbon price will reduce emissions at least cost by inducing a shift of generation from coal-fired to gas-fired plants. Modelling of Australia’s National Electricity Market in 2035 is undertaken using Australian Energy Market Operator assumptions for...

This paper, the final in a three part series examining the competitiveness of Australia’s power system, seeks to identify a pragmatic strategy to transition Australia to a resilient power economy at reasonable cost and in an age of uncertainty. The resilience of a country’s power economy...

The restructuring of global power industries has introduced a number of challenges, such as conflicting planning objectives and increasing uncertainties, to transmission network planners. During the recent past, a number of distributed generation technologies also reached a stage allowing...

Reducing CO2 emissions is imperative to stay within the 2oC global warming ‘safe limit’ of the Intergovernmental Panel on Climate Change. However to ensure social and political stability, these reductions must be aligned with fuel security and economic growth. Here an advanced multifactorial...

The aim of this article is to investigate the impact that the introduction of a carbon price signal will have on fuel switching within the electricity generation sector from sources of generation with high carbon footprints to sources of generation with lower carbon footprints. To examine this...

It is argued that the explosive growth experienced in much of the World since the middle of the 19th Century is due to the exploitation and use of fossil fuels which, in turn, was made possible by capital good innovations that enabled this source of energy to be used effectively. Economic...