The transition to renewable energy will require large investments in renewable power generation capacity, made under large risks regarding future revenues. This study presents …
Global electricity markets are undergoing a rapid transformation in their energy mix to meet commitments towards sustainable electric grids. This change in energy mix engenders …
Subsidies initially installed to stimulate green capacity investments tend to be withdrawn after some time. This paper analyzes the effect on investment of this phenomenon in a …
In the context of climate changes and the rapid growth of energy consumption, intermittent renewable energy sources (RES) are being predominantly installed in power systems. It has …
The paper analyses the coordinated hydro-wind power generation considering joint bidding in the electricity market. The impact of mutual bidding strategies on market prices, traded …
TP Tangerås, J Mauritzen - The Journal of industrial economics, 2018 - Wiley Online Library
This paper develops a theoretical framework to analyze the link between real‐time and day‐ ahead competition in a hydro‐based wholesale electricity market. Predictions of the model …
O Bahn, M Samano, P Sarkis - The Energy Journal, 2021 - journals.sagepub.com
Adding renewable energy sources (RES) to an electricity market has an ambiguous effect on wholesale prices. The merit order effect (MoE) has a downward pressure on prices while …
Policymakers face the challenge of integrating intermittent output from variable renewable energy (VRE). Even in a well-functioning power sector with flexible generation, producers' …
Decarbonisation of the Nordic power sector entails substantial variable renewable energy (VRE) adoption. While Nordic hydropower reservoirs can mitigate VRE output's …