News from the Centre for Climate Economics & Policy
Renewables integration, coal transition project, China
The integration of renewables into the electricity grid is a hot topic in Australia right now. On Friday 14 October, we will host Dr Falko Ueckerdt of the Potsdam Institute for Climate Impact Research (PIK) to present recent research on ‘System integration costs of wind and solar power: an economic perspective’.
Strong global climate change action, as the Paris Agreement calls for, would mean a smaller (perhaps much smaller) role for coal in the global energy system. It would have economic and social ramifications for coal-producing regions and countries. Together with universities and research institutes in China, India, South Africa, Poland and Germany we are embarking on a new research project on coal transitions.
Research on coal scenarios in Australia and options for fiscal policy for coal transitions will be led by CCEP at ANU, while research on regional and social aspects of Australian coal transitions will be done jointly with the Melbourne Sustainable Society Institute at the University of Melbourne. More on this soon.
As the Paris Agreement enters into force, attention is increasingly focused on developments in the United States and China. China remains a focus of our research interest and collaborations with new activities in preparation. Meanwhile, we have two new working papers in our series on China’s climate policy and economics by CCEP research associate Professor ZhongXiang Zhang.