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Should Coal Replace Coal? Options for the Irish Electricity Market

Seán Diffney, Laura Malaguzzi Valeri and Darragh Walsh

No WP428, Papers from Economic and Social Research Institute (ESRI)

Abstract: The Moneypoint coal plant is nearing the end of its useful life and will need to be replaced. For Moneypoint's replacement, we consider different types of baseload technologies: coal plants with and without carbon capture, combined-cycle gas plants and a nuclear plant. This paper compares how the different types of plant are likely to affect the net costs of the Single Electricity Market under a number of fossil fuel and carbon price scenarios and highlights issues that might be of interest to final consumers and policy makers, namely effects on short-run prices, emissions and energy security.

Keywords: cost/electricity/Policy/scenarios (search for similar items in EconPapers)
Date: 2012-03
New Economics Papers: this item is included in nep-ene and nep-env
References: Add references at CitEc
Citations: View citations in EconPapers (3)

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