Ontario Feed-in-Tariffs: System Planning Implications and Impacts on Social Welfare

Pirnia, Mehrdad; Nathwani, Jatin; Fuller, David

doi:10.1016/j.tej.2011.09.009

Cited by 29 publications

(12 citation statements)

References 4 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…MacCormack et al (2010) demonstrated using both statistical and least cost dispatch modelling, the merit-order effect applicable for different levels of wind power penetration rates in Alberta Canada. Pirnia, Nathwani and Fuller (2011) applied a power flow model to assess the welfare gains from the feed-in tariff proposal introduced in Ontario, Canada. The economic analysis employed in that paper was a long run resource planning model with focus on the period 2007-2027.…”

Section: Literature Surveymentioning

confidence: 99%

Revitalising the wind power induced merit order effect to reduce wholesale and retail electricity prices in Australia

et al. 2017

View full text Add to dashboard Cite

This paper investigates the effect of increasing the number of wind turbine generators on wholesale spot prices in the Australian National Electricity Market's (NEM), given the existing transmission grid, from 2014 to 2025. We use a sensitivity analysis to evaluate the effect of five different levels of wind power penetration on prices, ranging from Scenario A, 'no wind', to Scenario E that includes existing and planned wind power sufficient to meet Australia's original 2020 41TWh Large-scale Renewable Energy Target (LRET). We find divergence in prices between states and similar prices for nodes within states. This supports the Garnaut Climate Change Review assessment on the prevalence of 'gold-plating' the intrastate transmission network and underinvesting in interstate connectivity. We find increasing wind power penetration decreases wholesale spot prices but that retail prices have increased in deregulated South Australia and Queensland, similarly, in Victoria. We argue that there is a pressing need to split the large generator-retail companies into separate retail and generator companies and to reassess regulatory rules more generally. Interconnector congestion limits the potential for wind power to further reduce wholesale prices across the NEM. So the need for a high capacity transmission backbone in the NEM is becoming clearer and will become pressing when Australia moves beyond its current 2020 LRET.

show abstract

Section: Literature Surveymentioning

confidence: 99%

Revitalising the wind power induced merit order effect to reduce wholesale and retail electricity prices in Australia

et al. 2017

View full text Add to dashboard Cite

show abstract

“…It has been surprisingly well documented in academic literature, dating back to at least 2008. The merit order effect is generally analysed in the context of wind turbines (Sensfuss, Ragwitz and Genoese, 2008;Poyry, 2009;Henney, 2010;Pirnia, Nathwani and Fuller, 2011;Gelabert, Labandeira and Linares, 2011;Felder, 2011) but more recently has been applied to solar PV feed-in tariffs as Parkinson (2012) observed. 17 The common thematic in each of these studies, which cover Germany, Britain, Ontario, Spain, the US and Australia is that as more renewable resources are added to an existing grid, they place downward pressure on wholesale prices.…”

Section: The 'Merit Order Effect'mentioning

confidence: 99%

Queensland Solar Feed-In Tariffs and the Merit-Order Effect: Economic Benefit, or Regressive Taxation and Wealth Transfers?

Nelson¹,

Simshauser²,

Nelson³

2012

Economic Analysis and Policy

View full text Add to dashboard Cite

Premium residential solar feed-in tariffs have come under considerable scrutiny in Australia over the past 12 months following a sharp rise in the uptake of subsidised PV units and subsidy cost blow-outs. Using New South Wales data, Nelson, Simshauser and Kelley (2011) demonstrated that the inherent design of premium 'gross' feed-in tariffs are regressive in nature and required reform. Since the publication of that article in Economic Analysis & Policy (September 2011 edition), feed-in tariff policies have been substantially wound back in all Australian jurisdictions except Queensland. In this article, we examine the 'net' feed-in tariff in Queensland and similarly find it to be a regressive form of taxation. We also examine the so-called 'merit order effect'a purported 'economic benefit' arising from premium feed-in tariffs. However, the evidence is clear that merit order effects must, by definition, be transient and above all, are not welfare enhancing.

show abstract

“…Outside of Europe, the analysis has been applied to e.g. Australia 11,33 , Canada 34,35 , Massachusetts 36 and Texas 12,37 .…”

Section: Merit-order Effect and Market Value Of Vre In The Literaturementioning

confidence: 99%

Global Assessment of the Merit-Order Effect and Revenue Cannibalisation for Variable Renewable Energy

et al. 2020

View full text Add to dashboard Cite

Ontario Feed-in-Tariffs: System Planning Implications and Impacts on Social Welfare

Cited by 29 publications

References 4 publications

Revitalising the wind power induced merit order effect to reduce wholesale and retail electricity prices in Australia

Revitalising the wind power induced merit order effect to reduce wholesale and retail electricity prices in Australia

Queensland Solar Feed-In Tariffs and the Merit-Order Effect: Economic Benefit, or Regressive Taxation and Wealth Transfers?

Global Assessment of the Merit-Order Effect and Revenue Cannibalisation for Variable Renewable Energy

Contact Info

Product

Resources

About