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Pathways for Deploying Low-emission Technologies in an Integrated Electricity Market: An Australian Case Study

descriptionPublicationkeyboard_double_arrow_right Article , Journal 01 Jan 2014Publisher:Elsevier BVJournal:Energy Procedia, volume 63, pages 6,864-6,870 (issn: 1876-6102,

Authors: Wanwan Hou; Wanwan Hou; Minh T. Ho; Minh T. Ho; Dianne E. Wiley; Dianne E. Wiley;

doi: 10.1016/j.egypro.2014.11.720

Pathways for Deploying Low-emission Technologies in an Integrated Electricity Market: An Australian Case Study

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Abstract

AbstractIn this paper, Australia is used as a case study to evaluate potential pathways for staged deployment of low-emission technologies in an integrated, emission intensive electricity market. We assume that carbon capture and storage is implemented at existing and new power plants. To meet projected demand increase by 2050, the total generation capac ty increases by 35%. The cost of electricity in 2050 is more than double the current value, with a moderate annual increase between now and then. An 80% emission reduction target can be achieved by 2050. The results are compared with the future generation scenarios previously analysed by CSIRO and AEMO.

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Keywords

Economics, Carbon Capture and Storage, Power Generation, Energy(all), Renewable Energy

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