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The Marginal Costs of Electricity Supply in Victoria *
Author(s) -
HARTLEY PETER,
TRENGOVE CHRIS
Publication year - 1984
Publication title -
economic record
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.365
H-Index - 42
eISSN - 1475-4932
pISSN - 0013-0249
DOI - 10.1111/j.1475-4932.1984.tb00870.x
Subject(s) - electricity , mains electricity , marginal cost , commission , electricity retailing , economics , business , grid , electricity market , environmental economics , natural resource economics , microeconomics , finance , engineering , geography , electrical engineering , geodesy , voltage
This paper discusses some of the determinants of the costs of supplying electricity by season, by time of day and by location. A model is constructed of the State Electricity Commission of Victoria grid to illustrate the propositions. It is found that current tariffs bear little relationship to the opportunity costs of supplying electricity.