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The recent price coupling of many European electricity markets has triggered a fundamental change in the interaction of … paper we propose a regime-switching AR-GARCH copula to model pairs of day-ahead electricity prices in coupled European …
Persistent link: https://www.econbiz.de/10012963695
introduction had on electricity market. The most relevant effect is the reduction of the level of electricity price's volatility …. This effect has been investigated after having removed, from electricity data time series, the periodic behavior, through a … multiple linear regression. Then, to study volatility dynamics, we fit a two-states Markov-switching model to represent a high-volatility …
Persistent link: https://www.econbiz.de/10012195002
The economics of electricity is shaped by its physics. A well know example is the non-storability of electricity that … causes its price to fluctuate widely. More generally, physical constraints cause electricity to be a heterogeneous good along … commonly used cost indicators such as "levelized electricity costs" and "grid parity". Heterogeneity is relevant for all …
Persistent link: https://www.econbiz.de/10010344242
Persistent link: https://www.econbiz.de/10013259851
electricity generated by large scale concentrated solar power (CSP) plants in highly productive areas that are connected to the … relationships via Smart Meters; iii) residential consumer to generate electricity via micro-photovoltaic plants, and iv) residential … consumer to generate virtual electricity via consumption management. We find that it becomes optimal to invest in grid …
Persistent link: https://www.econbiz.de/10010189904
electricity service improvements. The analysis takes place in urban Dominican Republic, a country with one of the highest rates of … electricity theft and lowest quality of services. The results strongly indicate that households value service improvements … household income, satisfaction with the electricity service, and household characteristics, such as family size and dwelling …
Persistent link: https://www.econbiz.de/10011715694
The benefits of smoothing demand peaks in the electricity market has been widely recognised. European countries such … choose between fixed tariffs and the wholesale prices. The model is calibrated on a real market case - Spain - where since … implications from the model. Our results show that the quantities the retailers and the producers trade in the forward market are …
Persistent link: https://www.econbiz.de/10011914070
Persistent link: https://www.econbiz.de/10011739533
use a power systems model to simulate the whole European electricity market in 2030. Using the renewable revenues … the electricity generation sector as one of the major emitters of CO2. After a period of subsidy-driven investments, the …
Persistent link: https://www.econbiz.de/10011899727
Persistent link: https://www.econbiz.de/10009413631