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We evaluate how increasing wind generation affects wholesale electricity prices, balancing payments and the cost of … subsidies using the Irish Single Electricity Market (SEM) as a test system, with hourly data from 1 January 2008 to 28 August … 2012. We measure the effect of wind on the marginal cost of generating electricity using a system of seemingly unrelated …
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electricity storage in future renewable-based systems by including an accurate representation of short-term operation within a … investigated. We derive conclusions on the benefits and role of electricity storage to motivate why it may be built and operated …
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What happens to the merit order of electricity markets when all electricity is supplied by intermittent renewable … energy sources coupled with large-scale electricity storage? With near-zero marginal cost of production, will there still be … a role for an energy-only electricity market? We answer these questions both analytically and empirically for …
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