Market Mechanisms and Technology Transition in Australia’s National Electricity Market

被引：0
|
作者：
Marshall L. [1 ]
Bruce A. [1 ]
MacGill I. [2 ]
机构：
[1] Collaboration on Energy and Environmental Markets and School of Photovoltaic & Renewable Energy Engineering, University of New South Wales, Sydney
[2] Collaboration on Energy and Environmental Markets and School of Electrical Engineering and Telecommunications, University of New South Wales, Sydney
来源：
Current Sustainable/Renewable Energy Reports | 2022年 / 9卷 / 03期
关键词：
Energy markets; Mechanism design; Renewable energy; Variable renewables; Zero marginal cost renewables;
D O I：
10.1007/s40518-021-00199-z
中图分类号：
学科分类号：
摘要：
Purpose of Review: To investigate the interaction between restructured electricity market designs, in particular Australia’s National Electricity Market (NEM), and variable renewable generators. In particular, to examine how the expansion of near-zero marginal cost, variable renewable generators may impact participant incentives and market power. Recent Findings: The technology transition may significantly impact bidding behaviour in electricity markets such as the NEM. Summary: This paper identifies and explores key challenges including the impact of renewables on electricity market power, incentive structures for variable renewables, potential for exercise of market power in the Australia’s electricity market as well as contracting and bidding strategies for variable renewables. © 2022, The Author(s).
引用
收藏
页码：41 / 51
页数：10
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