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AGL Energy Limited CPRS AEU Analysis and the Electricity Sector Tim Nelson Head of Carbon and Sustainability. IETA Side-Event, COP 15 December 2009. Cost of an AEU. Relative gas and coal prices likely to be a key determinant of cost of reducing emissions (implied AEU price). Cost of an AEU.
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AGL Energy LimitedCPRSAEU Analysis and the Electricity SectorTim NelsonHead of Carbon and Sustainability IETA Side-Event, COP 15 December 2009
Cost of an AEU Relative gas and coal prices likely to be a key determinant of cost of reducing emissions (implied AEU price) IETA Side-Event, COP 15 December 2009
Cost of an AEU Altering the gas/coal price spread significantly increases implied carbon price IETA Side-Event, COP 15 December 2009
Impact of CPRS on electricity prices Estimated pass through of carbon prices varies substantially across modelling studies IETA Side-Event, COP 15 December 2009
Prices are low but will inevitably increase Coal availability, technology and competition reforms have reduced energy prices but they will inevitably increase IETA Side-Event, COP 15 December 2009
Impact of RET also critically important As a result of the Renewable Energy Target, renewable investment will expand significantly Source: AGL (2009) IETA Side-Event, COP 15 December 2009