Australian power: Can renewable technologies change the dominant industry view?

Molyneaux, Lynette; Froome, Craig; Wagner, Liam; Foster, John

doi:10.1016/j.renene.2013.05.009

Cited by 25 publications

(15 citation statements)

References 8 publications

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“…But as Fleishman et al. (2014) explain a key dilemma for policymakers has been to achieve stable and durable, let alone united climate change policy architecture given strong political differences at the national level (Apergis & Lau, ; Byrne et al., ; Freebairn, ; Garnaut, ; Jones, , ; Molyneaux, Froome, Wagner, & Foster, ; Nelson, ; Nelson, Kelley, Orton, & Simshauser, ; Nelson, Nelson, Ariyaratnam, & Camroux, ; Simshauser, ; Wagner et al., 2015).…”

Section: Review Of Australian Climate Change Policymentioning

confidence: 99%

Climate change policy discontinuity and its effects on Australia's national electricity market

Simshauser

Tiernan

2018

Aust J Public Adm

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Australia's National Electricity Market (NEM) became unstable in 2016/2017 after 20 years of consistent performance. The South Australian grid collapsed on 28 September 2016 – Australia's first black system event since 1964. Wholesale prices in the region trebled to $120+/MWh; soon after Hazelwood power station announced its exit with just 5 months’ notice. The problem spread as prices elsewhere doubled to $89/MWh from a long‐run average of $42.50. The NEM is experiencing a supply‐side crisis. Consistent with the requirement to decarbonise the system, aged coal‐fired generators are exiting but decades of climate change policy discontinuity has frustrated the entry of new plant. Long‐dated capital‐intensive asset industries like electricity supply anticipate a conventional policy cycle. What they have experienced instead is consistent with garbage can theory. Policy clarity may be emerging for only the second time in two decades. As with the NEM, its durability will depend on cooperative federalism.

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Section: Review Of Australian Climate Change Policymentioning

confidence: 99%

Climate change policy discontinuity and its effects on Australia's national electricity market

Simshauser

Tiernan

2018

Aust J Public Adm

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“…Given that it seems inevitable that renewables will become the lowest cost choice in some, but not all scenarios, what we are witnessing is 'creative destruction' in action (Molyneaux et al 2013). So we can expect to see a significant reduction in the share of coal in power generation over the coming decades.…”

Section: Introductionmentioning

confidence: 99%

Interdisciplinary and evolutionary perspectives on managing the transition to a sustainable economy

Chai

2017

J Bioecon

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“…In the Australian context, Molyneaux et al (2012) modelled the costs and greenhouse emissions of two generation portfolios in 2035 (exploring investment in primarily gas-fired generation or renewable generation, respectively). Elliston et al (2013) modelled generation portfolios of 100% renewable energy in 2030 under high and low cost assumptions.…”

Section: Introductionmentioning

confidence: 99%

Using renewables to hedge against future electricity industry uncertainties—An Australian case study

2015

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Australian power: Can renewable technologies change the dominant industry view?

Cited by 25 publications

References 8 publications

Climate change policy discontinuity and its effects on Australia's national electricity market

Climate change policy discontinuity and its effects on Australia's national electricity market

Interdisciplinary and evolutionary perspectives on managing the transition to a sustainable economy

Using renewables to hedge against future electricity industry uncertainties—An Australian case study

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