Electricity market auction settings in a future Danish electricity system with a high penetration of renewable energy sources – A comparison of marginal pricing and pay-as-bid

Steffen Nielsen, Peter Sorknæs and Poul Alberg Østergaard

Energy, 2011, vol. 36, issue 7, 4434-4444

Abstract: The long-term goal for Danish energy policy is to be free of fossil fuels through the increasing use of renewable energy sources (RES) including fluctuating renewable electricity (FRE).

Keywords: Electricity market; Auction systems; Renewable energy scenarios (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (37)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:36:y:2011:i:7:p:4434-4444

DOI: 10.1016/j.energy.2011.03.079

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