Impact of the Nature of Energy Management and Responses to Policies Regarding Solar and Wind Pricing: A Qualitative Study of the Australian Electricity Markets

Authors

  • Yasir Alsaedi Department of Mathematics, Umm Al-Qura University, Makkah, Saudi Arabia and Environmental Futures Research Institute and School of Environment and Science in Brisbane ,Queensland,Australia.
  • Gurudeo Anand Tularam Environmental Futures Research Institute , Griffith University, Australia.
  • Victor Wong Department of Accounting, Finance and Economics, Griffith University, Australia.

Abstract

The present study employed various qualitative techniques to investigate the nature and influence of policies and regulations concerning solar and wind pricing on the Australian electricity spot and options markets. The analysis was based on data gathered through interviews conducted with energy managers, chief executive officers and other significant personnel from the Australian electricity industry. The interviewees' responses regarding the solar and wind policies of relevance to the Australian electricity markets were examined, and the thick and in-depth content data derived from the interviews were used to examine how their views and personal politics influenced pricing within the electricity markets. The results suggest that renewable energy policies lower the electricity prices, reduce the risks for investors and also result in larger deployment mechanisms.Keywords: Electricity pricing, Renewable energy, Energy policies.JEL Classifications: Q13, Q4, Q42DOI: https://doi.org/10.32479/ijeep.10991

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Published

2021-04-10

How to Cite

Alsaedi, Y., Tularam, G. A., & Wong, V. (2021). Impact of the Nature of Energy Management and Responses to Policies Regarding Solar and Wind Pricing: A Qualitative Study of the Australian Electricity Markets. International Journal of Energy Economics and Policy, 11(3), 191–205. Retrieved from https://econjournals.com/index.php/ijeep/article/view/10991

Issue

Vol. 11 No. 3 (2021)

Section

Articles

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