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The Hidden Costs of Wind Generation in a Thermal Power System: What Cost?

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  • Paul Simshauser

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  • Paul Simshauser, 2011. "The Hidden Costs of Wind Generation in a Thermal Power System: What Cost?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 44(3), pages 269-292, September.
    • Handle: RePEc:bla:ausecr:v:44:y:2011:i:3:p:269-292
    DOI: j.1467-8462.2011.00646.x
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    References listed on IDEAS

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    1. Ralph Turvey, 1968. "Peak-Load Pricing," Journal of Political Economy, University of Chicago Press, vol. 76(1), pages 101-101.
    2. Pavlak, Alex, 2010. "Wind Energy Contribution to a Low-Carbon Grid," The Electricity Journal, Elsevier, vol. 23(4), pages 53-58, May.
    3. Paul Simshauser & Phillip Wild, 2009. "The Western Australian Power Dilemma," Australian Economic Papers, Wiley Blackwell, vol. 48(4), pages 342-369, December.
    4. Martin, Brian & Diesendorf, Mark, 1983. "The economics of large-scale wind power in the UK A model of an optimally mixed CEGB electricity grid," Energy Policy, Elsevier, vol. 11(3), pages 259-266, September.
    5. Simshauser, Paul & Nelson, Tim & Doan, Thao, 0. "The Boomerang Paradox, Part I: How a Nation's Wealth Is Creating Fuel Poverty," The Electricity Journal, Elsevier, vol. 24(1), pages 72-91, January.
    6. repec:bla:ausecr:v:39:y:2006:i:2:p:130-146 is not listed on IDEAS
    7. repec:bla:ausecr:v:41:y:2008:i:4:p:349-370 is not listed on IDEAS
    8. Paul Simshauser & Elizabeth Molyneux & Michelle Shepherd, 2010. "The Entry Cost Shock and the Re‐rating of Power Prices in New South Wales, Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 43(2), pages 114-135, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Hirth, Lion & Ueckerdt, Falko & Edenhofer, Ottmar, 2015. "Integration costs revisited – An economic framework for wind and solar variability," Renewable Energy, Elsevier, vol. 74(C), pages 925-939.
    2. Tim Nelson & Simon Kelley & Fiona Orton & Paul Simshauser, 2010. "Delayed Carbon Policy Certainty and Electricity Prices in Australia," Economic Papers, The Economic Society of Australia, vol. 29(4), pages 446-465, December.
    3. Nelson, Tim & Nelson, James & Ariyaratnam, Jude & Camroux, Simon, 2013. "An analysis of Australia's large scale renewable energy target: Restoring market confidence," Energy Policy, Elsevier, vol. 62(C), pages 386-400.
    4. Nelson, James & Simshauser, Paul, 2013. "Is the Merchant Power Producer a broken model?☆☆The views expressed in this paper are those of the authors and any errors or omissions remain the responsibility of the authors," Energy Policy, Elsevier, vol. 53(C), pages 298-310.
    5. Karim L. Anaya & Michael G. Pollitt, 2018. "Reactive Power Procurement: Lessons from Three Leading Countries," Working Papers EPRG 1829, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    6. Ding, Yi & Shao, Changzheng & Yan, Jinyue & Song, Yonghua & Zhang, Chi & Guo, Chuangxin, 2018. "Economical flexibility options for integrating fluctuating wind energy in power systems: The case of China," Applied Energy, Elsevier, vol. 228(C), pages 426-436.
    7. repec:aen:eeepjl:2_1_a04 is not listed on IDEAS
    8. Simshauser, Paul, 2018. "On intermittent renewable generation & the stability of Australia's National Electricity Market," Energy Economics, Elsevier, vol. 72(C), pages 1-19.
    9. Garcia Latorre, Francisco Javier & Quintana, Jose Juan & de la Nuez, Ignacio, 2019. "Technical and economic evaluation of the integration of a wind-hydro system in El Hierro island," Renewable Energy, Elsevier, vol. 134(C), pages 186-193.
    10. Romeiro, Diogo Lisbona & Almeida, Edmar Luiz Fagundes de & Losekann, Luciano, 2020. "Systemic value of electricity sources – What we can learn from the Brazilian experience?," Energy Policy, Elsevier, vol. 138(C).
    11. Simshauser, Paul, 2018. "Garbage can theory and Australia's National Electricity Market: Decarbonisation in a hostile policy environment," Energy Policy, Elsevier, vol. 120(C), pages 697-713.
    12. Paul Simshauser & Tim Nelson, 2012. "The second‐round effects of carbon taxes on power project finance," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 4(2), pages 104-127, May.
    13. Simshauser, Paul, 2019. "Missing money, missing policy and Resource Adequacy in Australia's National Electricity Market," Utilities Policy, Elsevier, vol. 60(C), pages 1-1.
    14. Hirth, Lion & Ueckerdt, Falko & Edenhofer, Ottmar, 2014. "Why Wind Is Not Coal: On the Economics of Electricity," Energy: Resources and Markets 172433, Fondazione Eni Enrico Mattei (FEEM).
    15. Yao, Xing & Yi, Bowen & Yu, Yang & Fan, Ying & Zhu, Lei, 2020. "Economic analysis of grid integration of variable solar and wind power with conventional power system," Applied Energy, Elsevier, vol. 264(C).

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