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Impacts of climate change policies on generation investment and operation

Prepared for the Australian Energy Market Commission

Frontier Australia was retained by the AEMC to provide a report on the implications of climate change policies for the economics of generator operation and investment in the National Electricity Market (NEM).

Specifically, Frontier Australia was asked to advise the Commission on what impacts the Carbon Pollution Reduction Scheme (CPRS) and expanded national Renewable Energy Target (RET) scheme might have on generator contracting, bidding and risk management strategies.
In addition, the impact of these polices on plant retirement and investment decisions and organisational structure were also considered.

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