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Title:

The Effect of Intermittent Renewables on the Electricity Price Variance

Document type:
Zeitschriftenaufsatz
Author(s):
Wozabal, David; Graf, Christoph; Hirschmann, David
Non-TUM Co-author(s):
ja
Cooperation:
international
Abstract:
The dominating view in the literature is that renewable electricity production increases the price variance on spot markets for electricity. In this paper, we critically review this hypothesis. Using a static market model, we identify the variance of the infeed from intermittent electricity sources (IES) and the shape of the industry supply curve as two pivotal factors influencing the electricity price variance. The model predicts that the overall effect of IES infeed depends on the produced amo...     »
Intellectual Contribution:
Discipline-based Research
Journal title:
OR Spectrum
Journal listet in FT50 ranking:
nein
Year:
2015
Covered by:
Scopus; Web of Science
Language:
en
Fulltext / DOI:
doi:10.1007/s00291-015-0395-x
Judgement review:
0
Key publication:
Nein
Peer reviewed:
Ja
International:
Ja
Book review:
Nein
Commissioned:
not commissioned
Professional Journal:
Ja
Interdisciplinarity:
Ja
Mission statement:
Energy, Climate, Environment
Ethics and Sustainability:
Ja
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