Modelling Current Issues Which Affect The National Electricity Market, UQ Post-Doctoral Research Fellowship Grant, (2008-2010)

The National Electricity Market is currently experiencing uncertainty due to a lack of direction on carbon trading policies, and the water resources crisis in Australia. Carbon trading policies are still currently in development and estimates of their direct impact would largely be based on experiences of the European Trading Scheme, for carbon credits. Furthermore, Queensland is currently experiencing level 5 water restrictions, which has placed a significant burden on the ability for coal power stations to operate. This uncertainty precludes investment into the Australian market, which in turn produces volatility within market. This project will examine the effects that these two main issues will have on the market, while also developing the theory of Econophysics.

Project Publications and Reports: 

  • Menezes, F., Quiggin, J.C., and Wagner, L.D., Grandfathering and greenhouse: the role of compensation and adjustment assistance in the introduction of a carbon emissions trading scheme for Australia, Economic Papers, 2009 vol. 28, no. 2 pp.82-92 (Citations via Google Scholar)
  • Froome, C., and Wagner, L.D. "Energy Storage and its Ability to Add Stability to Intermittent Generation and Reduce Distribution Network Costs" 29th USAEE/IAEE North American Conference, "Energy and the Environment: Conventional and Unconventional Solutions" October 14-16, 2010. Calgary, Canada (Extended Abstract) (Presentation)

  • Wagner, L.D., and Reedman, L., "Modeling the Large Scale Deployment of Distributed Generation onto Electricity Markets" 29th USAEE/IAEE North American Conference, "Energy and the Environment: Conventional and Unconventional Solutions" October 14-16, 2010. Calgary, Canada

  • Wagner, L.D., and Reedman, L., “Modeling the deployment of plug-in hybrid and electric vehicles and their effects on the Australian National Electricity Market.” Presented at 2010 IEEE Conference on Innovative Technologies for an Efficient and Reliable Electricity Supply, Boston, U.S.A., September 2010  (Conference Paper)

  • Wagner, L.D., and Quiggin J., “Reassessing assistance for brown coal generators under the proposed CPRS.” Presented at AARES ’10, Adelaide Feb 2010

  • Wagner, L.D., Liebman, A., Froome, C, and Foster, J., “Forecasting the long term emissions intensity factor for electricity markets: an Australian case study”. Presented at the 10th IAEE European Conference, Vienna, Australia 7 - 10 September 2009. (Extended Abstract) (Presentation)

  • Froome, C, and Wagner, L.D., “Designing solar feed-in tariffs for Australia: lessons learnt from Europe?” Presented at the 10th IAEE European Conference, Vienna, Australia 7 - 10 September 2009.

  • Wagner, L.D., Liebman, A., and Foster, J., “Examining the future of nature gas usage in the Australian National Electricity Market”. Presented at the 32nd International Conference of the International Energy Economics Association, San Francisco, CA USA 21-24th June 2009  (Presentation)

  • Menezes, F., Quiggin, J.C., and Wagner, L.D.,Grandfathering and greenhouse: the role of compensation and adjustment assistance in the introduction of a carbon emissions trading scheme for Australia, Presented at AARES ’09, Cairns Feb 2009 (Conference Paper)

  • Wagner, L.D., and Reedman, L., Estimating Grid Impacts from the Deployment of Plug-in Hybrid and Electric Vehicles: Results for South-East Queensland, Presented at 2nd Asian Conference of IAEE, Perth November 2008

  • Liam Wagner,  Luke Reedman, Modeling the deployment of plug-in hybrid and electric vehicles and their effects on the Australian National Electricity Market.,

  • Joseph Mullins, Liam Wagner and John Foster, Price Spikes in Electricity Markets: A Strategic Perspective

  • Lynette Molyneaux, John Foster, Liam Wagner, Is there a more effective way to reduce carbon emissions?