CEEM's research areas include market-based environmental regulation including emissions trading, white certificate schemes and renewable energy targets, the integration of stochastic renewable energy technologies and electric vehicles into the electricity network, the design of spot, ancillary and forward electricity markets, and the broader policy context in which all these markets operate.

CEEM brings together researchers in UNSW and partner organisations, contributing to UNSW's ability to provide world-class research, advice and education. Within UNSW, CEEM developed from pre-existing collaboration between the Faculty of Engineering and the UNSW Business School.

CEEM also maintains active research links with a number of local and international partners.

Research Projects

Renewable PPA Tools

In this project we have built a set of open access tools to assist large energy users, energy consumers, buyers’ groups and local government to:

1. Contract with off-site renewables projects through a Power Purchase Agreement and therefore meet their renewables and emissions goals, and  
2. Assist in PPA monitoring, to ensure value for energy consumers.

Cost-reflective Tariff Design 

This project aims to build knowledge around the design of more cost-reflective tariffs. Cost-reflective tariffs should, in theory, charge customers according to the costs they impose on network businesses. We have most recently developed a Tariff Tool that can be used to assess various impacts of different tariff designs.

National Electricity Market Optimiser

NEMO, the National Electricity Market Optimiser, is a chronological dispatch model for testing and optimising different portfolios of conventional and renewable electricity generation technologies. It has been developed since 2011 and is maintained by Ben Elliston through his PhD at CEEM. NEMO is available under a free software license (GPL version 3) and requires no proprietary software to run, making it particularly accessible to the governments of developing countries, academic researchers and students. The model is available for others to inspect and to validate results. The model is available here.

The Rise of Carbon Markets in China: Established design principles - novel practices

The aim of the project is to provide an opportunity for both UNSW and Chinese Universities to address the dearth of English literature on Chinese carbon markets and explore the differences to existing carbon markets in Australia and the European Union.

The economic value of smart integration of electric vehicles into the Australian electricity industry

The aim of this project is to develop tools for better understanding and managing the integration of Electric Vehicles (EVs) into the Australian electricity industry. The project focuses on the economics of EV integration with respect to both potential network and energy market operation and investment.

Climate change and energy policy interactions: elements of a robust policy mix

The aim of the project is to investigate the nature of policy instrument interactions and the implications of uncertainty for designing climate and energy policy mixes.

Designing environmental market instruments

This project aims to develop environmental policy options that deliver efficient, effective and operational outcomes taking imperfections of the real world into account. 

Overcoming barriers to renewable energy in rural Indonesia by community capacity building

Is an AusAID Australian Development Research Award Project involving Indonesian collaborators. It aims to identify and disseminate ways to overcome barriers to the use of photovoltaic energy systems and other renewable energy resources to facilitate sustainable development for communities in rural Indonesia that do not have access to conventional electricity supply.

Potential Interactions between the 20% RET and the CPRS

This project involved policy relevant analysis, quantitative modelling and empirical market analysis strands and helped to better understand the impacts of high wind generation into the electricity market as well as carbon pricing.

The Copenhagen Prediction Market

This project aimed to predict a number of different outcomes of the Copenhagen Climate Conference.



Members of CEEM provide consulting and advisory services in the field of energy and environmental markets. We have also been running short course on emissions trading and carbon markets since 2006.