The future of electricity generation in Australia: A case study of New South Wales
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Author(s)
Nelson, T
Griffith University Author(s)
Year published
2018
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The Australian electricity industry has found itself the subject of an intense political debate. At the center is the role of coal-fired generation. The most economic form of new generation technology in Australia is wind on a levelized cost of energy (LCOE) basis. However, new wind generation must be ‘firmed’ to address variability in output. The analysis in this article finds the optimal plant mix will need to be increasingly ‘flexible’ to complement variable renewables.The Australian electricity industry has found itself the subject of an intense political debate. At the center is the role of coal-fired generation. The most economic form of new generation technology in Australia is wind on a levelized cost of energy (LCOE) basis. However, new wind generation must be ‘firmed’ to address variability in output. The analysis in this article finds the optimal plant mix will need to be increasingly ‘flexible’ to complement variable renewables.
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Journal Title
The Electricity Journal
Volume
31
Issue
1
Copyright Statement
© 2018 Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Licence (http://creativecommons.org/licenses/by-nc-nd/4.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, providing that the work is properly cited.
Subject
Applied economics
Applied economics not elsewhere classified
Policy and administration