Garbage can theory and Australia's National Electricity Market: Decarbonisation in a hostile policy environment

• Published in: Energy policy Vol. 120; pp. 697 - 713
• Main Author: Simshauser, Paul
• Format: Journal Article
• Language: English
• Published: Kidlington Elsevier Ltd 01.09.2018; Elsevier Science Ltd
• Subjects: Adequacy; Climate change; Climate change policy; Climate policy; Coal; coasts; Decarbonization; Delayed; Discontinuity; Electricity; Electricity pricing; Energy; Energy policy; Energy transition; Environmental policy; Garbage; Garbage can theory; Generators; Investments; Liquefied natural gas; Markets; municipal solid waste; Policy making; Prices; Resource Adequacy; South Australia; Supply & demand; Supply-side economics; Transparency; United States; Waste containers; Wastes; wind; Australia; United States > US; United States; South Australia; Resource Adequacy; Climate change policy; Garbage can theory

After two decades of consistent economic and technical performance, conditions in Australia's National Electricity Market (NEM) deteriorated sharply in 2016/17. Prices more than doubled on the east coast, tripled in South Australia (SA), and the SA regional grid collapsed. Nothing spectacular o...