The future of coal and renewable power generation in Australia: A review of market trends

Webb, Jeremy; Silva, H. Nadeeka de; Wilson, Clevo

doi:10.1016/j.eap.2020.10.003

Cited by 36 publications

(11 citation statements)

References 15 publications

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“…Growing Chinese coal emissions may have been a significant supplementary contributor to the recent rise in methane [ 106 ]. Coal is increasingly becoming uneconomic as a source of electricity and new renewable plants are becoming more cost-effective than new coal-fired power plants [ 107 ], but it may be many decades before this leads to full shut-down of coal power in coal-dependent India, South Africa and China (all of which are very vulnerable to climate change). Coal-sourced methane (and CO 2 ) emissions from steel making are globally significant.…”

Section: Can Mitigation Succeed In Cutting Emissions To Net Zero?mentioning

confidence: 99%

Atmospheric methane and nitrous oxide: challenges alongthe path to Net Zero

Nisbet

Fisher

Lowry

et al. 2021

Phil. Trans. R. Soc. A.

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The causes of methane's renewed rise since 2007, accelerated growth from 2014 and record rise in 2020, concurrent with an isotopic shift to values more depleted in 13 C, remain poorly understood. This rise is the dominant departure from greenhouse gas scenarios that limit global heating to less than 2°C. Thus a comprehensive understanding of methane sources and sinks, their trends and inter-annual variations are becoming more urgent. Efforts to quantify both sources and sinks and understand latitudinal and seasonal variations will improve our understanding of the methane cycle and its anthropogenic component. Nationally declared emissions inventories under the UN Framework Convention on Climate Change (UNFCCC) and promised contributions to emissions reductions under the UNFCCC Paris Agreement need to be verified independently by top-down observation. Furthermore, indirect effects on natural emissions, such as changes in aquatic ecosystems, also need to be quantified. Nitrous oxide is even more poorly understood. Despite this, options for mitigating methane and nitrous oxide emissions are improving rapidly, both in cutting emissions from gas, oil and coal extraction and use, and also from agricultural and waste sources. Reductions in methane and nitrous oxide emission are arguably among the most attractive immediate options for climate action. This article is part of a discussion meeting issue 'Rising methane: is warming feeding warming? (part 1)'.

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Section: Can Mitigation Succeed In Cutting Emissions To Net Zero?mentioning

confidence: 99%

Atmospheric methane and nitrous oxide: challenges alongthe path to Net Zero

Nisbet

Fisher

Lowry

et al. 2021

Phil. Trans. R. Soc. A.

View full text Add to dashboard Cite

show abstract

“…Some studies discussed phase-out issues [170,171], rather than the transition strategy for coal-fired plants to adapt to the energy transition. Although one paper [172] proposed that coal-fired power plant could be retired in Australia in the future, it did not discuss the policy implications for coal-fired power plants during this transition. Under the construction of the NPS, one should consider not only the income from selling electricity, but also the potential benefits from providing flexibility using coal-fired units.…”

Section: Discussionmentioning

confidence: 99%

Key Issues and Technical Applications in the Study of Power Markets as the System Adapts to the New Power System in China

et al. 2021

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To reach the “30·60” decarbonization target (where carbon emissions start declining in 2030 and reach net zero in 2060), China is restructuring its power system to a new energy-based one. Given this new situation, this paper reviews previous studies on the power market and highlights key issues for future research as we seek to adapt to the new power system (NPS). Based on a systematic literature review, papers on the operational efficiency of the power market, participants’ bidding strategies and market supervision were identified. In a further step, papers with high relevance were analyzed in more detail. Then, key studies that focused on market trading under China’s new power system were picked out for further discussion. New studies were searched for that pertained to new energy mechanisms and bidding, the transition from coal-fired power, flexible resources and the technical applications of simulations. The quantitative analysis supports the construction of a basic paradigm for the study of power markets that is suitable for the new power system. Finally, the theoretical basis and application suggestions for power market simulations are introduced. This study summarized the existing research on the power market and further explored the key issues relating to the power market as it adapts to the NPS, hoping to inspire better research into China’s power sector, and promote safe, low-carbon, and sustainable development in China’s power industry.

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“…In Australia, where there has been a rapid uptake of renewable energy, the levelised cost of energy for solar photovoltaic electricity production is $48 per MWh. This is less than half that of brown and black coal at $100 and $105 per MWh, respectively (Webb et al 2020) The need for certainty in energy production, transmission and storage…”

Section: Drivers For Adoption In Australiamentioning

confidence: 99%

Hybrid Approach for Modelling the Uptake of Residential Solar PV Systems, with Case Study Application in Melbourne, Australia

Moglia

Nygaard

Glackin

et al. 2022

JASSS

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Understanding the processes of residential solar PV uptake is critical to developing planning and policy energy transition pathways. This paper outlines a novel hybrid Agent-Based-Modelling/statistical adoption prediction framework that addresses several drawbacks in current modelling approaches. Specifically, we extend the capabilities of similar previous models and incorporate empirical data, behavioural theory, social networks and explicitly considers the spatial context. We provide empirical data affecting households' propensity to adopt, including perceptions of solar PV systems, the role of tenure and urban location. We demonstrate the approach in the context of Melbourne metropolitan region, Australia; and draw on housing approval data to demonstrate the role of housing construction in accelerating adoption. Finally, we explore the approach's validity against real-world data with promising results that also indicate key areas for further research and improvement.

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The future of coal and renewable power generation in Australia: A review of market trends

Cited by 36 publications

References 15 publications

Atmospheric methane and nitrous oxide: challenges alongthe path to Net Zero

Atmospheric methane and nitrous oxide: challenges alongthe path to Net Zero

Key Issues and Technical Applications in the Study of Power Markets as the System Adapts to the New Power System in China

Hybrid Approach for Modelling the Uptake of Residential Solar PV Systems, with Case Study Application in Melbourne, Australia

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