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The impact of the North Atlantic Oscillation on electricity markets: A case study on Ireland
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Assesses impact of the NAO, via wind-power generation, on the electricity market

Changes in the NAO index affect economics of thermal and wind generation.

Case study: thermal generation costs −8%, wind revenue +12%, prices down €1.5/MWh

Use Conditional Value-at-Risk framework to assess preferences in the presence of risk

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