Fully renewable electricity could be competitive (UNSW - The University of New South Wales)

(Source: UNSW - The University of New South Wales) A carbon price of between $50 and $100 per tonne of carbon dioxide would make coal-fired and gas-fired power less economical than renewable electricity, a UNSW study shows. Associate Professor Mark Diesendorf, of the Institute of Environmental Studies at UNSW, said all fossil-fuelled power stations in Australia's National Electricity Market could be phased out and replaced economically and reliably with commercially available renewable energy technologies by increasing the carbon price to this "medium" level. "This...