Electricity that is supplied to the Australian market comes from a variety of sources including wind turbines (around 30%), gas powered generation stations and older coal fired stations that produce relatively large amounts of carbon dioxide, a major contributor to greenhouse warming and the production of airborne particles that results in asthma. Gas-powered electricity generation plants can be turned on and off at short notice.
Rising gas prices impact on the price of electricity and increased market power for gas-fired electricity producersâ. One proposal that has been suggested is to reinstate the coal fired âNorthernâ generation plant. Assume that if operated, this plant could potentially provide a large share of the total electricity requirements for South Australia. What might be the implications of such a move and what considerations should be taken into account when deciding on this step?
Please help me with this question. Thank you very much!
Electricity that is supplied to the Australian market comes from a variety of sources including wind turbines (around 30%), gas powered generation stations and older coal fired stations that produce relatively large amounts of carbon dioxide, a major contributor to greenhouse warming and the production of airborne particles that results in asthma. Gas-powered electricity generation plants can be turned on and off at short notice.
Rising gas prices impact on the price of electricity and increased market power for gas-fired electricity producersâ. One proposal that has been suggested is to reinstate the coal fired âNorthernâ generation plant. Assume that if operated, this plant could potentially provide a large share of the total electricity requirements for South Australia. What might be the implications of such a move and what considerations should be taken into account when deciding on this step?
Please help me with this question. Thank you very much!