Should Coal Replace Coal? Options for the Irish Electricity Market. ESRI WP428. March 2012

Diffney, Sean and Valeri, Laura Malaguzzi and Walsh, Darragh (2012) Should Coal Replace Coal? Options for the Irish Electricity Market. ESRI WP428. March 2012. [Working Paper]

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Abstract

The Moneypoint coal plant is nearing the end of its useful life and will need to be replaced. For Moneypoint’s replacement, we consider different types of baseload technologies: coal plants with and without carbon capture, combined-cycle gas plants and a nuclear plant. This paper compares how the different types of plant are likely to affect the net costs of the Single Electricity Market under a number of fossil fuel and carbon price scenarios and highlights issues that might be of interest to final consumers and policy makers, namely effects on short-run prices, emissions and energy security.

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