Energy Industry Roundtable
An invitation-only event with energy industry representatives from Germany, the German Ambassador Mueller, Prof. Ross Garnaut and others. Our PhD researchers provide a keynote presentation on the Australian energy policy and regulatory landscape. Please find a link to the presentations here after the event.
A/Prof Malte Meinshausen is Deputy Academic Convenor of the College at The University of Melbourne since 2012 and is affiliated with the Potsdam Institute for Climate Impact Research, Germany. He holds a PhD in "Climate Science & Policy", a Diploma in "Environmental Sciences" from the Swiss Federal Institute of Technology, and an MSc in "Environmental Change and Management" from the University of Oxford, UK. Before joining the Potsdam Institute for Climate Impact Research (PIK) in 2006, he was a Post-Doc at the National Center for Atmospheric Research in Boulder, Colorado. He has been a contributing author to various chapters in the Fourth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC AR4). Until May 2011, he was leading the PRIMAP ("Potsdam Real-Time Integrated Model for probabilistic Assessment of emission Path") research group at PIK before relocating to Melbourne. Since 2005, he is a scientific advisor to the German Environmental Ministry related to international climate change negotiations under the UNFCCC. Since 2014, he investigates methods to derive future climate targets for Australia in the context of a Future Fellow ARC project.
Dr Dylan McConnell is an energy systems research fellow at the University of Melbourne Climate & Energy College and researcher at the multi-institutional Energy Transition Hub. He has extensive experience in analysing the electricity sector in Australia. Dylan’s work is focused on electricity infrastructure and governance, and the energy transition in liberalised electricity markets. He also specialises in operations research and the optimisation of electricity systems. His work is interdisciplinary and has been published in forums including the Journal of Energy Policy, the Journal of Applied Energy, the Electricity Journal, and the Journal of Environmental Sociology. His work can be found on The Conversation.
PhD Project: Merit of Solar - Impact and Future of Solar Photovoltaics in the Australian Market
Renewable energy capacity has rapidly expanded in recent years as part of global efforts to dramatically reduce carbon emissions and avoid catastrophic climate change. The addition of generation capacity been shown to markedly reduce wholesale spot prices in restructured electricity markets around the world. This phenomenon, known as the 'merit order effect', is demonstrably impacting electricity wholesale prices in Australia and abroad. On the one had, the effect has been argued to offset the cost of schemes supporting renewable energy. On the other hand, others suggest it is a wealth transfer and not welfare enhancing, leading to higher prices. Tthe long-term implications of the merit order effect, for both renewable generators and liberalised electricity markets, are poorly understood, while be critical to these debates, and renewable energy policy. This research aims to investigate this issues in relation to distributed solar generation. Firstly, inversion modelling will be used to assess and characterise the contributions of rooftop solar generation to Australia’s electricity supply. Results from this analysis will then allow econometric techniques to be used to determine, estimates of the merit order effect, the impact on incumbent generator output and bidding behaviour and effect on emissions. Finally, this will allow potential short and long-term effects of renewable energy to be explored, using market modelling techniques.
Supervisor: Prof. Mike Sandiford
Start Date: November 2013