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Should Coal Replace Coal? Options for the Irish Electricity Market

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  • Diffney, Seán
  • Malaguzzi Valeri, Laura
  • Walsh, Darragh

Abstract

The 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.

Suggested Citation

  • Diffney, Seán & Malaguzzi Valeri, Laura & Walsh, Darragh, 2012. "Should Coal Replace Coal? Options for the Irish Electricity Market," Papers WP428, Economic and Social Research Institute (ESRI).
  • Handle: RePEc:esr:wpaper:wp428
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    References listed on IDEAS

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    1. Newcomer, Adam & Apt, Jay, 2008. "Implications of generator siting for CO2 pipeline infrastructure," Energy Policy, Elsevier, vol. 36(5), pages 1776-1787, May.
    2. 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.
    3. 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.
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    Cited by:

    1. Turconi, R. & O’Dwyer, C. & Flynn, D. & Astrup, T., 2014. "Emissions from cycling of thermal power plants in electricity systems with high penetration of wind power: Life cycle assessment for Ireland," Applied Energy, Elsevier, vol. 131(C), pages 1-8.
    2. Curtis, John & Devitt, Niamh & di Cosmo, Valeria & Farrell, Niall & FitzGerald, John & Hyland, Marie & Lynch, Muireann & Lyons, Sean & McCoy, Daire & Malaguzzi Valeri, Laura & Walsh, Darragh, 2014. "Irish Energy Policy: An Analysis of Current Issues," Research Series, Economic and Social Research Institute (ESRI), number rs37 edited by FitzGerald, John & Malaguzzi Valeri, Laura.

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    Keywords

    cost/electricity/Policy/scenarios;

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