Our new study led by @fnbillimoria on "Hedging and tail risk in electricity markets" is now out in Energy Economics. 50-day share link: https://t.co/6euBTw4OOG
@EnergyWrapAU The Productivity Commission published a report recently talking about how inefficient it is to have all these policies which have implied carbon prices of 50 - 10k+ per tonne
@EnergyWrapAU I think a big subset of those groups have been calling for an economy wide carbon price! Certainly has been my experience amongst people working in energy policy, market bodies, industry and academia, etc. Howard took an ETS to the 2007 election
@QuixoticQuant To be clear, I think we *need* to build the new transmission along with a lot of VRE, storage and peaking gas. But it's going to cost more than people think.
Reliability Standard: the existing simple USE output form approach remains the best approach for the future power system, just as it is in the current power system: https://t.co/MMceY0MftN
I'm proud of my first video. But it's long, and deserves a 🧵to explain why it's worth an hour of your time.
It's about the most audacious bait-and-switch sales ploy attempted in modern military history. Which almost worked... 1/
https://t.co/M1lKGpNPh5
@DavidOsmond8 Good point about QLD wind, I think you might be right and its the other way around i.e. the model might improve over time as less correlated resources are built. In that case, last week's result is particularly bad!
@BurkeKB @Energex You might be on the wrong (legacy) network tariff because the off-peak TOU window is already 9am-4pm. Unless you're talking about CL?