DocumentCode
2810247
Title
Economic significance of Basslink in the Australian National Electricity Market
Author
Malla, K. ; Wood, Alan
Author_Institution
Dept. of Electr. & Comput. Eng., Univ. of Canterbury, Christchurch, New Zealand
fYear
2012
fDate
Oct. 30 2012-Nov. 2 2012
Firstpage
1
Lastpage
3
Abstract
This paper assesses economic significance of Basslink in terms of market benefits, namely operating, capital and unserved energy cost savings. It presents long term market benefit modelling framework consistent with the Australian Regulatory Investment Test for Transmission to assess the market benefits attributable to Basslink. Economic analysis concludes that Basslink continues to be economic value in the Australian National Electricity Market for a broad range of market development scenarios studied.
Keywords
cost-benefit analysis; power markets; Australian national electricity market; Australian regulatory investment test for transmission; Basslink; cost-benefit analysis; energy cost savings; long term market benefit modelling framework; market development; Australia; Biological system modeling; Carbon; Economics; Electricity supply industry; Fuels; Reliability; Cost benefit analysis; Optimization; Power system economics;
fLanguage
English
Publisher
ieee
Conference_Titel
Power System Technology (POWERCON), 2012 IEEE International Conference on
Conference_Location
Auckland
Print_ISBN
978-1-4673-2868-5
Type
conf
DOI
10.1109/PowerCon.2012.6401466
Filename
6401466
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