Electricity prices, large-scale renewable integration, and policy implications

详细信息    查看全文

• 作者：Evangelos Kyritsis^a ; Jonas Andersson^a ; Apostolos Serletis^b ; ^{Serletis@ucalgary.ca} ;
• 关键词：C22 ; Q41 ; Q42
• 刊名：Energy Policy
• 出版年：2017
• 出版时间：February 2017
• 年：2017
• 卷：101
• 期：Complete
• 页码：550-560
• 全文大小：1005 K
• 卷排序：101

文摘

We model the impact of solar and wind power generation on day-ahead electricity prices. We discuss the different nature of renewables in relation to market design. We explore the impact of renewables on the distributional properties of electricity prices. Solar and wind reduce electricity prices but affect price volatility in the opposite way. Solar decreases the probability of electricity price spikes, while wind increases it.