The impact of an ETS on the Australian energy sector: An integrated CGE and electricity modelling approach

Title
The impact of an ETS on the Australian energy sector: An integrated CGE and electricity modelling approach
Publication Date
2018
Author(s)
Meng, Xianming
( author )
OrcID: https://orcid.org/0000-0002-3329-5277
Email: xmeng4@une.edu.au
UNE Id une-id:xmeng4
Siriwardana, Mahinda
McNeill, Judith
Nelson, Tim
Type of document
Journal Article
Language
en
Entity Type
Publication
Publisher
Elsevier BV
Place of publication
Netherlands
DOI
10.1016/j.eneco.2017.11.017
UNE publication id
une:22746
Abstract
This paper utilises a new computable general equilibrium (CGE) model which integrates an electricity supply model to gauge the effects of a national emissions trading scheme (ETS) on the Australian energy sector and the broader economy. The modelling results show that an ETS can reduce emissions effectively and with a relatively small impact on the overall economy. But the impact of the ETS on individual sectors varies. Wind electricity generation is projected to benefit greatly. Brown coal electricity and gas electricity are expected to be adversely affected substantially. Somewhat surprisingly, the impact on black coal electricity is negative but relatively small.
Link
Citation
Energy Economics, v.69, p. 213-224
ISSN
1873-6181
0140-9883
Start page
213
End page
224

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