Reviewing the climate change adaptation readiness of the Australian national electricity market institutions
MPRA Paper from University Library of Munich, Germany
This paper aims to identify climate change adaptation issues in the Australian National Electricity Market by assessing the robustness of the institutional arrangements that support effective adaptation. The paper finds that three major factors are hindering or are required for adaptation to climate change: institutional fragmentation both economically and politically; distorted transmission and distribution investment deferment mechanisms; and lacking mechanisms to develop a diversified energy portfolio. Proposed solutions to the three factors are discussed. These proposed solutions are tested and examined in forthcoming reports.
Keywords: Climate change adaptation; electricity demand; electricity generation; transmission; distribution; Australian National Electricity Market (search for similar items in EconPapers)
JEL-codes: L94 O13 Q01 Q2 Q3 Q4 Q5 R22 R38 (search for similar items in EconPapers)
Date: 2012-02-02, Revised 2012-02-29
New Economics Papers: this item is included in nep-ene, nep-env and nep-res
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https://mpra.ub.uni-muenchen.de/47790/8/MPRA_paper_47790.pdf revised version (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:38112
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