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DOI10.1016/j.enpol.2022.113409
Emissions and prices are anticorrelated in Australia's electricity grid, undermining the potential of energy storage to support decarbonisation
Bardwell, Louise; Blackhall, Lachlan; Shaw, Marnie
发表日期2023
ISSN0301-4215
EISSN1873-6777
卷号173页码:10
英文摘要Recent work has shown that energy storage operating in a CO2 intensive grid can increase greenhouse gas (GHG) emissions. In this paper we sought to characterise the emissions of Australia's electricity grid to inform the planning and operation of energy storage with the goal of minimising emissions associated with energy storage and supporting the rapid decarbonisation of Australia's energy system. To do so, a marginal emissions factor (MEF), representative of the emissions intensity of the marginal generator (the generator with the highest bid price) in each time period, was calculated for the Australian National Electricity Market (NEM) from 2013 to 2021. Through analysis, significant variation was discovered in the MEF's intra-day variability, with high MEF values occurring overnight and low MEF values occurring during times of peak demand. Compared against the average 30-min spot price across the day, a strong anti-correlation was calculated between the MEF and the spot price. Using these results, the importance of energy storage operated to minimise both costs and emissions was highlighted. By taking the key finding of its anti-correlation with price, the MEF can be simply implemented in the real world, including through dynamic carbon incentives and market tariffs, to ensure emissions are being reduced both in the short and long-term.
英文关键词Marginal emissions; Energy storage; Decarbonisation; Electricity grid
学科领域Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号WOS:000923167000001
来源期刊ENERGY POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/272260
作者单位Australian National University
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GB/T 7714
Bardwell, Louise,Blackhall, Lachlan,Shaw, Marnie. Emissions and prices are anticorrelated in Australia's electricity grid, undermining the potential of energy storage to support decarbonisation[J],2023,173:10.
APA Bardwell, Louise,Blackhall, Lachlan,&Shaw, Marnie.(2023).Emissions and prices are anticorrelated in Australia's electricity grid, undermining the potential of energy storage to support decarbonisation.ENERGY POLICY,173,10.
MLA Bardwell, Louise,et al."Emissions and prices are anticorrelated in Australia's electricity grid, undermining the potential of energy storage to support decarbonisation".ENERGY POLICY 173(2023):10.
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