Record Details

Should Coal Replace Coal? Options for the Irish Electricity Market

The Economic and Social Review

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Title Should Coal Replace Coal? Options for the Irish Electricity Market
 
Creator Diffney, Sean
Malaguzzi Valeri, Laura
Walsh, Darragh
 
Subject
 
Description 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 their effects on short-run prices, emissions and energy security. We find that none of the plants considered is optimal over the full range of fuel and carbon scenarios considered and examine the advantages and disadvantages of delaying the decision. We also discuss why the commissioning of a nuclear plant is unlikely in Ireland in the near future.
 
Publisher The Economic and Social Review
 
Contributor
 
Date 2013-02-19
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.esr.ie/article/view/37
 
Source The Economic and Social Review; Vol 43, No 4, Winter (2012): Dublin Workshop on Politics of Financialisation, May 24 2012, University College Dublin/Geary Institute; 561–596
0012-9984
 
Language eng
 
Relation http://www.esr.ie/article/view/37/29
 
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