). In order to do so, the study will first provide a comprehensive analysis of the regional energy market, particularly …

use a power systems model to simulate the whole European electricity market in 2030. Using the renewable revenues …

The income that wind and solar power receive on the market is affected by the variability of their output. At times of … merit-order effect depends on the amount of installed renewable capacity, the slope of the merit-order curve, and the … average electricity price remains constant. This work quantifies the effect of variability on the market value of renewables …

empirical market data from Germany. Despite German VRE capacity doubled during the last five years and has surpassed 70% of peak …

This paper estimates the welfare-optimal market share of wind and solar power, explicitly taking into account their … Europe from a calibrated numerical power market model. The optimal long-term share of wind power of total electricity … consumption is estimated to be 20% at cost levels of 50 €/MWh, about three times the current market share of wind; but this …