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Least cost, utility scale abatement from Australia's NEM (National Electricity Market). Part 1: Problem formulation and modelling

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

Abstract

This paper is the first of a two part study that considers long term, least cost, GHG (greenhouse gas) abatement pathways for an electricity system. Part 1 formulates a planning model to optimise these pathways and presents results for a single reference scenario. Part 2 applies this model to different scenarios and considers the policy implications.

Suggested Citation

  • Jeppesen, M. & Brear, M.J. & Chattopadhyay, D. & Manzie, C. & Dargaville, R. & Alpcan, T., 2016. "Least cost, utility scale abatement from Australia's NEM (National Electricity Market). Part 1: Problem formulation and modelling," Energy, Elsevier, vol. 101(C), pages 606-620.
  • Handle: RePEc:eee:energy:v:101:y:2016:i:c:p:606-620
    DOI: 10.1016/j.energy.2016.02.017
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    5. 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.
    6. 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.
    7. Palmer, Graham, 2017. "An input-output based net-energy assessment of an electricity supply industry," Energy, Elsevier, vol. 141(C), pages 1504-1516.
    8. 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.
    9. Marshman, Daniel & Brear, Michael & Jeppesen, Matthew & Ring, Brendan, 2020. "Performance of wholesale electricity markets with high wind penetration," Energy Economics, Elsevier, vol. 89(C).
    10. Marshman, Daniel & Brear, Michael & Ring, Brendan, 2022. "Impact of unit commitment and RoCoF constraints on revenue sufficiency in decarbonising wholesale electricity markets," Energy Economics, Elsevier, vol. 106(C).
    11. Du, Huibin & Li, Qun & Liu, Xi & Peng, Binbin & Southworth, Frank, 2021. "Costs and potentials of reducing CO2 emissions in China's transport sector: Findings from an energy system analysis," Energy, Elsevier, vol. 234(C).
    12. 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.
    13. 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.
    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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