Should Coal Replace Coal? Options for the Irish Electricity Market
AbstractThe 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.
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Bibliographic InfoPaper provided by Economic and Social Research Institute (ESRI) in its series Papers with number WP428.
Date of creation: Mar 2012
Date of revision:
Other versions of this item:
- Seán Diffney & Laura Malaguzzi Valeri & Darragh Walsh, 2012. "Should Coal Replace Coal? Options for the Irish Electricity Market," The Economic and Social Review, Economic and Social Studies, vol. 43(4), pages 561-596.
- NEP-ALL-2012-04-10 (All new papers)
- NEP-ENE-2012-04-10 (Energy Economics)
- NEP-ENV-2012-04-10 (Environmental Economics)
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- Rubin, Edward S. & Chen, Chao & Rao, Anand B., 2007. "Cost and performance of fossil fuel power plants with CO2 capture and storage," Energy Policy, Elsevier, vol. 35(9), pages 4444-4454, September.
- Troy, Niamh & Denny, Eleanor & O'Malley, Mark, 2010. "Base-load cycling on a system with significant wind penetration," MPRA Paper 34848, University Library of Munich, Germany.
- Newcomer, Adam & Apt, Jay, 2008. "Implications of generator siting for CO2 pipeline infrastructure," Energy Policy, Elsevier, vol. 36(5), pages 1776-1787, May.
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