Intellegent Grid Research Cluster - Project 2: marketing and economic modelling of the impacts of distributed generation

Foster, John, Wagner, Liam, Wild, Phillip, Froome, Craig, Bell, William Paul and Zhao, Junhua (2011) Intellegent Grid Research Cluster - Project 2: marketing and economic modelling of the impacts of distributed generation St Lucia, QLD, Australia: The University of Queensland, School of Economics

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Author Foster, John
Wagner, Liam
Wild, Phillip
Froome, Craig
Bell, William Paul
Zhao, Junhua
Title of report Intellegent Grid Research Cluster - Project 2: marketing and economic modelling of the impacts of distributed generation
Publication date 2011-06
Open Access Status File (Publisher version)
Publisher The University of Queensland, School of Economics
Series Energy Economics and Management Group Working Papers
Place of publication St Lucia, QLD, Australia
Total pages 71
Language eng
Abstract/Summary The overall goal of Project 2 has been to provide a comprehensive understanding of the impacts of distributed energy (DG) on the Australian Electricity System. The research team at the UQ Energy Economics and Management Group (EEMG) has constructed a variety of sophisticated models to analyse the various impacts of significant increases in DG. These models stress that the spatial configuration of the grid really matters - this has tended to be neglected in economic discussions of the costs of DG relative to conventional, centralized power generation. The modelling also makes it clear that efficient storage systems will often be critical in solving transient stability problems on the grid as we move to the greater provision of renewable DG. We show that DG can help to defer of transmission investments in certain conditions. The existing grid structure was constructed with different priorities in mind and we show that its replacement can come at a prohibitive cost unless the capability of the local grid to accommodate DG is assessed very carefully.
Keyword Australian National Electricity Market
Australia
Climate change adaptation
Climate change mitigation
Renewable energy
Wind power
Policy
Queensland
Q-Index Code AX
Q-Index Status Provisional Code
Institutional Status UQ

Document type: Research Report
Collection: School of Economics Publications
 
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Created: Mon, 31 Mar 2014, 11:07:20 EST by Alys Hohnen on behalf of School of Economics