The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...

This paper develops an econometric price model with fundamental impacts for intraday electricity markets of 15-minute contracts. A unique data set of intradaily updated forecasts of renewable power generation is analyzed. We use a threshold regression model to examine how 15-minute intraday...

This paper investigates the intraday electricity pricing of 15-minute contracts in night hours. We tailor a recently introduced econometric model with fundamental impacts, which is successful in describing the pricing of day contracts. Our estimation results show that mean reversion and the...

I evaluate the effect of the 2011 Swedish electricity market splitting reform on the allocation of wind power, exploiting a unique data set of all Swedish applications for wind power since 2003. By comparing investments in each price zone before and after the reform using a...

This paper aims to analyze what happens with renewable energy power plants, such as onshore wind, photovoltaics and biomass, when the public policy support based on the Renewable Energy Law expires. With its expiration the first renewable energy (and especially onshore wind) power plants will...

This paper, focusing on the renewable portfolio standard (RPS), evaluates alternative renewable energy policies. We propose a tractable equilibrium model which provides a structural representation of Korea's electricity market, including its energy settlement system and renewable energy...

A significant part of the renewable energy differs from conventional generating technologies such that they produce electricity intermittently. If traditional levelized cost approach is used it gives inappropriate and misleading results. We utilize a long-run oriented Real-Time Price based model...

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...

We develop a flexible forward contracting mechanism for renewable generators with intermittent and uncertain power supply. Such a contract allows the renewable generators to engage in forward contracts in day-ahead markets with flexible loads. In our proposed contracting mechanism, the renewable...

During the Paris COP21 2015, China had submitted its INDC to aggressively reduce its CO2 emission and promoted renewable energy development. In recent years, China has not only fulfilled most of its INDC requirements but also grew tremendously in its renewable energy sector. The purpose of this...