Cataldi, Alessandra; Clò, Stefano; Zoppoli, Pietro - Dipartimento del Tesoro, Ministero dell'Economia e … - 2014
Italy promoted one of the most generous renewable support schemes worldwide which resulted in a high increase of solar power generation. We analyze the Italian day-ahead wholesale electricity market, finding empirical evidence of the merit-order effect. Over the period 2005-2013 an increase of 1...