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International experience with transformations in electricity markets: A Short Literature Review

Listed author(s):
  • John Foster

    ()

    (School of Economics, University of Queensland)

  • Liam Wagner

    ()

    (School of Economics, University of Queensland)

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).

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File URL: http://www.uq.edu.au/eemg/docs/workingpapers/2014-2.pdf
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Paper provided by School of Economics, University of Queensland, Australia in its series Energy Economics and Management Group Working Papers with number 2-2014.

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Date of creation: Jul 2014
Handle: RePEc:qld:uqeemg:2-2014
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Web page: http://www.uq.edu.au/eemg
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  12. 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.
  13. 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.
  14. 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.
  15. 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.
  16. 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.
  17. 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.
  18. 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.
  19. Rosellon, Juan, 2007. "An incentive mechanism for electricity transmission expansion in Mexico," Energy Policy, Elsevier, vol. 35(5), pages 3003-3014, May.
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  21. Joskow, P.L., 2004. "Transmission Policy in the United States," Cambridge Working Papers in Economics 0454, Faculty of Economics, University of Cambridge.
  22. 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.
  23. 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.
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