International experience with transformations in electricity markets: A Short Literature Review

John Foster () and Liam Wagner

No 2-2014, Energy Economics and Management Group Working Papers from School of Economics, University of Queensland, Australia

Abstract: This short review will provide an analysis of the key challenges faced by electricity markets and their participants in increasing the penetration of large scale renewables. This review will assess the key barriers purely from an economic perspective. The global of deployment of large scale renewable energy has yet to live up to its full potential and our experiences (Masini & Menichetti, 2012). However its future development is expected to have greater influence over electricity markets (Wüstenhagen & Menichetti, 2012).

Keywords: Energy Economics; Electricity Markets; Energy Policy; Resources Policy; Renewable Energy (search for similar items in EconPapers)
JEL-codes: Q41 Q43 Q48 (search for similar items in EconPapers)
Date: 2014-07
New Economics Papers: this item is included in nep-reg
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