Climate and electricity policy integration: Is the South Australian electricity market the canary in the coalmine?
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An examination of the dynamics of the South Australian market finds that decarbonization-related policy objectives for the South Australian electricity system are unachievable with continued reliance upon an energy-only market. To avoid extreme pricing volatility and possible security of supply issues, it is vital that Australia urgently review its energy market frameworks to ensure they are better integrated with climate change policies.
The Electricity Journal
© 2016 Elsevier. This is the author-manuscript version of this paper. Reproduced in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
Applied Economics not elsewhere classified