IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v173y2023ics0301421522006280.html
   My bibliography  Save this article

Emissions and prices are anticorrelated in Australia’s electricity grid, undermining the potential of energy storage to support decarbonisation

Author

Listed:
  • Bardwell, Louise
  • Blackhall, Lachlan
  • Shaw, Marnie

Abstract

Recent work has shown that energy storage operating in a CO2 intensive grid can increase greenhouse gas (GHG) emissions. In this paper we sought to characterise the emissions of Australia’s electricity grid to inform the planning and operation of energy storage with the goal of minimising emissions associated with energy storage and supporting the rapid decarbonisation of Australia’s energy system.

Suggested Citation

  • Bardwell, Louise & Blackhall, Lachlan & Shaw, Marnie, 2023. "Emissions and prices are anticorrelated in Australia’s electricity grid, undermining the potential of energy storage to support decarbonisation," Energy Policy, Elsevier, vol. 173(C).
    • Handle: RePEc:eee:enepol:v:173:y:2023:i:c:s0301421522006280
    DOI: 10.1016/j.enpol.2022.113409
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421522006280
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2022.113409?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hawkes, A.D., 2014. "Long-run marginal CO2 emissions factors in national electricity systems," Applied Energy, Elsevier, vol. 125(C), pages 197-205.
    2. Di Somma, M. & Graditi, G. & Heydarian-Forushani, E. & Shafie-khah, M. & Siano, P., 2018. "Stochastic optimal scheduling of distributed energy resources with renewables considering economic and environmental aspects," Renewable Energy, Elsevier, vol. 116(PA), pages 272-287.
    3. Fleschutz, Markus & Bohlayer, Markus & Braun, Marco & Henze, Gregor & Murphy, Michael D., 2021. "The effect of price-based demand response on carbon emissions in European electricity markets: The importance of adequate carbon prices," Applied Energy, Elsevier, vol. 295(C).
    4. Stoll, Pia & Brandt, Nils & Nordström, Lars, 2014. "Including dynamic CO2 intensity with demand response," Energy Policy, Elsevier, vol. 65(C), pages 490-500.
    5. Arciniegas, Laura M. & Hittinger, Eric, 2018. "Tradeoffs between revenue and emissions in energy storage operation," Energy, Elsevier, vol. 143(C), pages 1-11.
    6. Pimm, Andrew J. & Palczewski, Jan & Barbour, Edward R. & Cockerill, Tim T., 2021. "Using electricity storage to reduce greenhouse gas emissions," Applied Energy, Elsevier, vol. 282(PA).
    7. Lee, J. & Bérard, Jean-Philippe & Razeghi, G. & Samuelsen, S., 2020. "Maximizing PV hosting capacity of distribution feeder microgrid," Applied Energy, Elsevier, vol. 261(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wolf, Isabel & Holzapfel, Peter K.R. & Meschede, Henning & Finkbeiner, Matthias, 2023. "On the potential of temporally resolved GHG emission factors for load shifting: A case study on electrified steam generation," Applied Energy, Elsevier, vol. 348(C).
    2. Fleschutz, Markus & Bohlayer, Markus & Braun, Marco & Henze, Gregor & Murphy, Michael D., 2021. "The effect of price-based demand response on carbon emissions in European electricity markets: The importance of adequate carbon prices," Applied Energy, Elsevier, vol. 295(C).
    3. Tronchin, Lamberto & Manfren, Massimiliano & Nastasi, Benedetto, 2018. "Energy efficiency, demand side management and energy storage technologies – A critical analysis of possible paths of integration in the built environment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 95(C), pages 341-353.
    4. Hamels, Sam & Himpe, Eline & Laverge, Jelle & Delghust, Marc & Van den Brande, Kjartan & Janssens, Arnold & Albrecht, Johan, 2021. "The use of primary energy factors and CO2 intensities for electricity in the European context - A systematic methodological review and critical evaluation of the contemporary literature," Renewable and Sustainable Energy Reviews, Elsevier, vol. 146(C).
    5. Rüdisüli, Martin & Romano, Elliot & Eggimann, Sven & Patel, Martin K., 2022. "Decarbonization strategies for Switzerland considering embedded greenhouse gas emissions in electricity imports," Energy Policy, Elsevier, vol. 162(C).
    6. Nazim Hajiyev & Klaudia Smoląg & Ali Abbasov & Valeriy Prasolov, 2020. "Energy War Strategies: The 21st Century Experience," Energies, MDPI, vol. 13(21), pages 1-15, November.
    7. Jānis Krūmiņš & Māris Kļaviņš, 2023. "Investigating the Potential of Nuclear Energy in Achieving a Carbon-Free Energy Future," Energies, MDPI, vol. 16(9), pages 1-31, April.
    8. Daví-Arderius, Daniel & Sanin, María-Eugenia & Trujillo-Baute, Elisa, 2017. "CO2 content of electricity losses," Energy Policy, Elsevier, vol. 104(C), pages 439-445.
    9. Jinhan Yu & Licheng Sun, 2022. "Supply Chain Emission Reduction Decisions, Considering Overconfidence under Conditions of Carbon Trading Price Volatility," Sustainability, MDPI, vol. 14(22), pages 1-18, November.
    10. Sun, Wei & Harrison, Gareth P., 2019. "Wind-solar complementarity and effective use of distribution network capacity," Applied Energy, Elsevier, vol. 247(C), pages 89-101.
    11. Yun, Lingxiang & Xiao, Minkun & Li, Lin, 2022. "Vehicle-to-manufacturing (V2M) system: A novel approach to improve energy demand flexibility for demand response towards sustainable manufacturing," Applied Energy, Elsevier, vol. 323(C).
    12. Ahmad Abuelrub & Osama Saadeh & Hussein M. K. Al-Masri, 2018. "Scenario Aggregation-Based Grid-Connected Photovoltaic Plant Design," Sustainability, MDPI, vol. 10(4), pages 1-13, April.
    13. Roux, Charlotte & Schalbart, Patrick & Assoumou, Edi & Peuportier, Bruno, 2016. "Integrating climate change and energy mix scenarios in LCA of buildings and districts," Applied Energy, Elsevier, vol. 184(C), pages 619-629.
    14. Filippo Beltrami & Fulvio Fontini & Monica Giulietti & Luigi Grossi, 2022. "The Zonal and Seasonal CO2 Marginal Emissions Factors for the Italian Power Market," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(2), pages 381-411, October.
    15. Li, Yanbin & Zhang, Feng & Li, Yun & Wang, Yuwei, 2021. "An improved two-stage robust optimization model for CCHP-P2G microgrid system considering multi-energy operation under wind power outputs uncertainties," Energy, Elsevier, vol. 223(C).
    16. Brown, David P. & Sappington, David E.M., 2020. "Motivating the optimal procurement and deployment of electric storage as a transmission asset," Energy Policy, Elsevier, vol. 138(C).
    17. Harris, A.R. & Rogers, Michelle Marinich & Miller, Carol J. & McElmurry, Shawn P. & Wang, Caisheng, 2015. "Residential emissions reductions through variable timing of electricity consumption," Applied Energy, Elsevier, vol. 158(C), pages 484-489.
    18. Rafi Zahedi & Parisa Ranjbaran & Gevork B. Gharehpetian & Fazel Mohammadi & Roya Ahmadiahangar, 2021. "Cleaning of Floating Photovoltaic Systems: A Critical Review on Approaches from Technical and Economic Perspectives," Energies, MDPI, vol. 14(7), pages 1-25, April.
    19. Olkkonen, Ville & Hirvonen, Janne & Heljo, Juhani & Syri, Sanna, 2021. "Effectiveness of building stock sustainability measures in a low-carbon energy system: A scenario analysis for Finland until 2050," Energy, Elsevier, vol. 235(C).
    20. Yang, Wenjun & Guo, Jia & Vartosh, Aris, 2022. "Optimal economic-emission planning of multi-energy systems integrated electric vehicles with modified group search optimization," Applied Energy, Elsevier, vol. 311(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:173:y:2023:i:c:s0301421522006280. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.