Electricity tariffs in a high-penetration renewable system: Insights from Australia's National Electricity Market
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Accepted Manuscript (AM)
Author(s)
Nelson, T
Whish-Wilson, P
Smits, A
Winter, K
Griffith University Author(s)
Year published
2018
Metadata
Show full item recordAbstract
This paper considers the various supply-chain segments in the Australian NEM where significant adoption of renewable technologies has occurred. In the long-term, customers may be best served by 'fixed' or 'cap' style pricing contracts that allow unlimited energy consumption within a 'fixed' capacity band. This would be underpinned by economically regulated transmission and distribution 'demand' tariffs and a liquid market for innovative derivative products alongside an efficient wholesale energy dispatch engine.This paper considers the various supply-chain segments in the Australian NEM where significant adoption of renewable technologies has occurred. In the long-term, customers may be best served by 'fixed' or 'cap' style pricing contracts that allow unlimited energy consumption within a 'fixed' capacity band. This would be underpinned by economically regulated transmission and distribution 'demand' tariffs and a liquid market for innovative derivative products alongside an efficient wholesale energy dispatch engine.
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Journal Title
The Electricity Journal
Volume
31
Issue
8
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