Petersen, Claire; Reguant, Mar; Segura, Lola - 2022
Wind power is crucial to decarbonizing electricity markets but is intermittent, which complicates operational … management. We assess the welfare impact of wind power on the Spanish electricity market during the years 2009-2018. We estimate … modest adverse effects of wind intermittency on operational costs, even at relatively high levels of wind generation. We …