International experience with transformations in electricity markets: A Short Literature Review
This short review will provide an analysis of the key challenges faced by electricity markets and their participants in increasing the penetration of large scale renewables. This review will assess the key barriers purely from an economic perspective. The global of deployment of large scale renewable energy has yet to live up to its full potential and our experiences (Masini & Menichetti, 2012). However its future development is expected to have greater influence over electricity markets (Wüstenhagen & Menichetti, 2012).
|Date of creation:||Jul 2014|
|Contact details of provider:|| Postal: +61 7 3365 6570|
Phone: +61 7 3365 6570
Fax: +61 7 3365 7299
Web page: http://www.uq.edu.au/eemg
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Fischlein, Miriam & Wilson, Elizabeth J. & Peterson, Tarla R. & Stephens, Jennie C., 2013. "States of transmission: Moving towards large-scale wind power," Energy Policy, Elsevier, vol. 56(C), pages 101-113.
- Unruh, Gregory C., 2000. "Understanding carbon lock-in," Energy Policy, Elsevier, vol. 28(12), pages 817-830, October.
- Proença, Sara & St. Aubyn, Miguel, 2013. "Hybrid modeling to support energy-climate policy: Effects of feed-in tariffs to promote renewable energy in Portugal," Energy Economics, Elsevier, vol. 38(C), pages 176-185.
- Joskow, Paul L., 2005.
"Transmission policy in the United States,"
Elsevier, vol. 13(2), pages 95-115, June.
- Paul L. Joskow, 2004. "Transmission Policy in the United States," Working Papers 0417, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Joskow, P.L., 2004. "Transmission Policy in the United States," Cambridge Working Papers in Economics 0454, Faculty of Economics, University of Cambridge.
- Haas, R. & Auer, H., 2006. "The prerequisites for effective competition in restructured wholesale electricity markets," Energy, Elsevier, vol. 31(6), pages 857-864.
- Owen, Anthony D., 2006. "Renewable energy: Externality costs as market barriers," Energy Policy, Elsevier, vol. 34(5), pages 632-642, March.
- de Vries, Laurens & Heijnen, Petra, 2008. "The impact of electricity market design upon investment under uncertainty: The effectiveness of capacity mechanisms," Utilities Policy, Elsevier, vol. 16(3), pages 215-227, September.
- Karsten Neuhoff, 2005.
"Large-Scale Deployment of Renewables for Electricity Generation,"
Oxford Review of Economic Policy,
Oxford University Press, vol. 21(1), pages 88-110, Spring.
- Neuhoff, K., 2004. "Large Scale Deployment of Renewables for Electricity Generation," Cambridge Working Papers in Economics 0460, Faculty of Economics, University of Cambridge.
- Loock, Moritz, 2012. "Going beyond best technology and lowest price: on renewable energy investors’ preference for service-driven business models," Energy Policy, Elsevier, vol. 40(C), pages 21-27.
- Sanya Carley & Tyler R. Browne, 2013. "Innovative US energy policy: a review of states' policy experiences," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 2(5), pages 488-506, 09.
- Jacobsson, Staffan & Bergek, Anna & Finon, Dominique & Lauber, Volkmar & Mitchell, Catherine & Toke, David & Verbruggen, Aviel, 2009. "EU renewable energy support policy: Faith or facts?," Energy Policy, Elsevier, vol. 37(6), pages 2143-2146, June.
- Rosellon, Juan, 2007. "An incentive mechanism for electricity transmission expansion in Mexico," Energy Policy, Elsevier, vol. 35(5), pages 3003-3014, May.
- van der Vleuten, Erik & Raven, Rob, 2006. "Lock-in and change: Distributed generation in Denmark in a long-term perspective," Energy Policy, Elsevier, vol. 34(18), pages 3739-3748, December.
- Unruh, Gregory C., 2002. "Escaping carbon lock-in," Energy Policy, Elsevier, vol. 30(4), pages 317-325, March.
- Liam Wagner & Lynette Molyneaux & John Foster, 2013.
"The magnitude of the impact of a shift from coal to gas under a Carbon Price,"
Energy Economics and Management Group Working Papers
9-2013, School of Economics, University of Queensland, Australia.
- Wagner, Liam & Molyneaux, Lynette & Foster, John, 2014. "The magnitude of the impact of a shift from coal to gas under a Carbon Price," Energy Policy, Elsevier, vol. 66(C), pages 280-291.
- Byrnes, Liam & Brown, Colin & Foster, John & Wagner, Liam D., 2013.
"Australian renewable energy policy: Barriers and challenges,"
Elsevier, vol. 60(C), pages 711-721.
- Liam Byrnes & Colin Brown & John Foster & Liam Wagner, 2013. "Australian Renewable Energy Policy: Barriers and Challenges," Energy Economics and Management Group Working Papers 2-2013, School of Economics, University of Queensland, Australia.
- Kenny, R. & Law, C. & Pearce, J.M., 2010. "Towards real energy economics: Energy policy driven by life-cycle carbon emission," Energy Policy, Elsevier, vol. 38(4), pages 1969-1978, April.
- Pollitt, M, 2007. "Liberalisation and Regulation in Electricity Systems: How can we get the balance right?," Cambridge Working Papers in Economics 0753, Faculty of Economics, University of Cambridge.
- Bazilian, Morgan & Onyeji, Ijeoma & Liebreich, Michael & MacGill, Ian & Chase, Jennifer & Shah, Jigar & Gielen, Dolf & Arent, Doug & Landfear, Doug & Zhengrong, Shi, 2013. "Re-considering the economics of photovoltaic power," Renewable Energy, Elsevier, vol. 53(C), pages 329-338.
- Brunekreeft, G. & Neuhoff, K. & Newbery, D., 2004.
"Electricity transmission: an overview of the current debate,"
Cambridge Working Papers in Economics
0463, Faculty of Economics, University of Cambridge.
- Brunekreeft, Gert & Neuhoff, Karsten & Newbery, David, 2005. "Electricity transmission: An overview of the current debate," Utilities Policy, Elsevier, vol. 13(2), pages 73-93, June.
- Wüstenhagen, Rolf & Menichetti, Emanuela, 2012. "Strategic choices for renewable energy investment: Conceptual framework and opportunities for further research," Energy Policy, Elsevier, vol. 40(C), pages 1-10.
- Kalkuhl, Matthias & Edenhofer, Ottmar & Lessmann, Kai, 2012.
"Learning or lock-in: Optimal technology policies to support mitigation,"
Resource and Energy Economics,
Elsevier, vol. 34(1), pages 1-23.
- Matthias Kalkuhl & Ottmar Edenhofer & Kai Lessmann, 2011. "Learning or Lock-in: Optimal Technology Policies to Support Mitigation," CESifo Working Paper Series 3422, CESifo Group Munich.
- Wolfe, Philip, 2008. "The implications of an increasingly decentralised energy system," Energy Policy, Elsevier, vol. 36(12), pages 4509-4513, December.
When requesting a correction, please mention this item's handle: RePEc:qld:uqeemg:2-2014. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SOE IT)
If references are entirely missing, you can add them using this form.