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Some factors that would affect the retail price for 100% Australian renewable electricity

Name: Some factors that would affect the retail price for 100% Australian renewable electricity
Creator: Ted Trainer
Keywords: 02110802 Biomass/Biofuels/Bioenergy, 020209 energy, 02020902 Biomass/Biofuels/Bioenergy, 0211 other engineering and technologies, 0202 electrical engineering, electronic engineering, information engineering, 021108 energy, 02 engineering and technology, 7. Clean energy

descriptionPublicationkeyboard_double_arrow_right Article , Journal 01 May 2018Publisher:Elsevier BVJournal:Energy Policy, volume 116, pages 165-169 (issn: 0301-4215,

Authors: Ted Trainer;

doi: 10.1016/j.enpol.2018.01.049

Some factors that would affect the retail price for 100% Australian renewable electricity

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Abstract

Abstract The recent simulation by Lenzen et al. (2016) has significantly advanced the exploration of possible costs and implications of 100% renewable power supply for Australia. The analysis arrived at a probable production cost of around 20c/kWh. This discussion explores the possible implications for the resulting retail price of electricity. A number of factors in addition to those included in the original study are taken into account. Confident conclusions are not offered but the factors considered indicate that the retail price of electricity based on the mix of technologies the study assumed could be in the region of three to four times the price at the time of the study.

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