• norsk
    • English
  • norsk 
    • norsk
    • English
  • Logg inn
Vis innførsel 
  •   Hjem
  • Norges Handelshøyskole
  • Department of Business and Management Science
  • Discussion papers (FOR)
  • Vis innførsel
  •   Hjem
  • Norges Handelshøyskole
  • Department of Business and Management Science
  • Discussion papers (FOR)
  • Vis innførsel
JavaScript is disabled for your browser. Some features of this site may not work without it.

Electricity Prices, Large-Scale Renewable Integration, and Policy Implications

Kyritsis, Evangelos; Andersson, Jonas; Serletis, Apostolos
Working paper
Thumbnail
Åpne
1816.pdf (569.1Kb)
Permanent lenke
http://hdl.handle.net/11250/2422511
Utgivelsesdato
2016-11-22
Metadata
Vis full innførsel
Samlinger
  • Discussion papers (FOR) [593]
Sammendrag
This paper investigates the effects of intermittent solar and wind power generation on electricity price formation in Germany. We use daily data from 2010 to 2015, a period with profound modifications in the German electricity market, the most notable being the rapid integration of photovoltaic and wind power sources, as well as the phasing out of nuclear energy. In the context of a GARCH-in-Mean model, we show that both solar and wind power Granger cause electricity prices, that solar power generation reduces the volatility of electricity prices by scaling down the use of peak-load power plants, and that wind power generation increases the volatility of electricity prices by challenging electricity market exibility.
Utgiver
FOR
Serie
Discussion paper;18/16

Kontakt oss | Gi tilbakemelding

Personvernerklæring
DSpace software copyright © 2002-2019  DuraSpace

Levert av  Unit
 

 

Bla i

Hele arkivetDelarkiv og samlingerUtgivelsesdatoForfattereTitlerEmneordDokumenttyperTidsskrifterDenne samlingenUtgivelsesdatoForfattereTitlerEmneordDokumenttyperTidsskrifter

Min side

Logg inn

Statistikk

Besøksstatistikk

Kontakt oss | Gi tilbakemelding

Personvernerklæring
DSpace software copyright © 2002-2019  DuraSpace

Levert av  Unit