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The impact of climate change on electricity demand in the Australian national electricity market

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  • Bell, William

Abstract

This paper aims to identify climate change adaptation issues in the Australian National Electricity Market (NEM) by assessing the robustness of the institutional arrangements that support effective adaptation from the demand side. This paper finds that three major factors are hindering or are required for adaptation to climate change: institutional fragmentation both economically and politically; distorted transmission and distribution investment deferment mechanisms; and failure to model and to treat the NEM as a node based entity rather than state based. Proposed solutions to the three factors are discussed. These proposed solutions are tested and examined in forthcoming reports.

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File URL: http://mpra.ub.uni-muenchen.de/38110/
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File URL: http://mpra.ub.uni-muenchen.de/47789/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 38110.

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Date of creation: 02 Feb 2012
Date of revision: 29 Feb 2012
Handle: RePEc:pra:mprapa:38110

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Keywords: Climate change adaptation; electricity demand; Australian National Electricity Market;

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  1. Taylor, James W. & Buizza, Roberto, 2003. "Using weather ensemble predictions in electricity demand forecasting," International Journal of Forecasting, Elsevier, vol. 19(1), pages 57-70.
  2. John Foster & William Paul Bell & Craig Froome & Phil Wild & Liam Wagner & Deepak Sharma & Suwin Sandu & Suchi Misra & Ravindra Bagia, 2012. "Institutional adaptability to redress electricity infrastructure vulnerability due to climate change," Energy Economics and Management Group Working Papers 7-2012, School of Economics, University of Queensland, Australia.
  3. Thatcher, Marcus J., 2007. "Modelling changes to electricity demand load duration curves as a consequence of predicted climate change for Australia," Energy, Elsevier, vol. 32(9), pages 1647-1659.
  4. Ramanathan, Ramu & Engle, Robert & Granger, Clive W. J. & Vahid-Araghi, Farshid & Brace, Casey, 1997. "Shorte-run forecasts of electricity loads and peaks," International Journal of Forecasting, Elsevier, vol. 13(2), pages 161-174, June.
  5. John Foster & Liam Wagner & Phil Wild & William Paul Bell & Junhua Zhao & Craig Froome, 2011. "Final Report: Market and Economic Modelling of the Intelligent Grid," Energy Economics and Management Group Working Papers 12, School of Economics, University of Queensland, Australia.
  6. repec:cup:cbooks:9780521744447 is not listed on IDEAS
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