Evaluation of PV solar power generation scenarios in reducing electricity spot price during hot summer days in Victoria, Australia

Zahedi, A., and Aldeen, M. (2014) Evaluation of PV solar power generation scenarios in reducing electricity spot price during hot summer days in Victoria, Australia. In: Proceedings of the Australasian Universities Power Engineering Conference, pp. 1-6. From: AUPEC 2014: Australasian Universities Power Engineering Conference, 28 September - 1 October 2014, Perth, WA, Australia.

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Abstract

Australia, like other industrial and emerging economies, is faced garbling with the challenge of reducing its greenhouse gas (GHG) emissions. Electricity generation is Australia's largest source of GHG emissions [1]. Power usage increases on hot summer days in Australia in general and in Victoria and South Australia in particular where it peaks around 6-7pm. To meet future growth in electricity consumption and peak demand a sizable investment in infrastructure of electricity transmission and distribution networks is required. The objective of this paper is to evaluate the very high cost of electricity supply, as reflected in the spot price, during peak demand periods in Victoria (especially during hot summer days where the temperature reaches around 40 degree Celsius) and to assess how solar energy sources may be used during such peak periods to reduce the cost of supply.

Item ID: 38266
Item Type: Conference Item (Refereed Research Paper - E1)
Keywords: high peak demand; spot price; solar photovoltaic
ISBN: 978-0-646-92375-8
Date Deposited: 15 Apr 2015 04:44
FoR Codes: 09 ENGINEERING > 0906 Electrical and Electronic Engineering > 090607 Power and Energy Systems Engineering (excl Renewable Power) @ 50%
09 ENGINEERING > 0906 Electrical and Electronic Engineering > 090608 Renewable Power and Energy Systems Engineering (excl Solar Cells) @ 50%
SEO Codes: 85 ENERGY > 8505 Renewable Energy > 850504 Solar-Photovoltaic Energy @ 50%
85 ENERGY > 8507 Energy Conservation and Efficiency > 850701 Commercial Energy Conservation and Efficiency @ 50%
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