EconPapers    
Economics at your fingertips  
 

Benefit-based expansion cost allocation for large scale remote renewable power integration into the Australian grid

Kazi Nazmul Hasan, Tapan Kumar Saha, Deb Chattopadhyay and Mehdi Eghbal

Applied Energy, 2014, vol. 113, issue C, 836-847

Abstract: Climate change policies in different jurisdictions enhance the integration of large scale remote renewable power generation into the grid, where the remoteness of the location-constrained generation zone and subsequent high transmission investment appear as a potential barrier. Consequently the justification of investment and equitable cost allocation becomes contentious. This research firstly presents a state-of-the-art review of policy changes in different jurisdictions in this aspect. Then transmission connection and usage cost allocation are presented to address these challenges accordingly, highlighting the implementation of semi-shallow connection cost allocation policy. Afterwards, the benefit-based allocation of network usage cost is reimbursed through Shapley Value approach. Finally, the investigation of the net market benefit and cost allocation are presented by simulating four large scale remote renewable transmission projects to be connected to the Australian Queensland network. This study aims to enhance regulatory policies and associated planning frameworks to be more efficient and justifiable for renewable power integration paradigm.

Keywords: Expansion cost allocation; Net market benefit; Shapley Value (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0306261913006740
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:113:y:2014:i:c:p:836-847

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic

DOI: 10.1016/j.apenergy.2013.08.031

Access Statistics for this article

Applied Energy is currently edited by J. Yan

More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:appene:v:113:y:2014:i:c:p:836-847