A combined modeling approach for wind power feed-in and electricity spot prices
Dogan Keles,
Massimo Genoese,
Dominik Möst,
Sebastian Ortlieb and
Wolf Fichtner
Energy Policy, 2013, vol. 59, issue C, 213-225
Abstract:
Wind power generation and its impacts on electricity prices has strongly increased in the EU. Therefore, appropriate mark-to-market evaluation of new investments in wind power and energy storage plants should consider the fluctuant generation of wind power and uncertain electricity prices, which are affected by wind power feed-in (WPF). To gain the input data for WPF and electricity prices, simulation models, such as econometric models, can serve as a data basis.
Keywords: Wind power generation; Electricity price modeling; Merit order effect (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (26)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:59:y:2013:i:c:p:213-225
DOI: 10.1016/j.enpol.2013.03.028
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