Pathways for Deploying Low-emission Technologies in an Integrated Electricity Market: An Australian Case Study

AbstractIn this paper, Australia is used as a case study to evaluate potential pathways for staged deployment of low-emission technologies in an integrated, emission intensive electricity market. We assume that carbon capture and storage is implemented at existing and new power plants. To meet projected demand increase by 2050, the total generation capac ty increases by 35%. The cost of electricity in 2050 is more than double the current value, with a moderate annual increase between now and then. An 80% emission reduction target can be achieved by 2050. The results are compared with the future generation scenarios previously analysed by CSIRO and AEMO