Climate change is expected to have a negative impact on the power system of the Iberian Peninsula; changes in river runoff are expected to reduce hydropower generation, while higher temperatures are expected to increase summer electricity demand, when water resources are already limited. However,...

Dramatic changes to the structure of the power sector have taken place over the past few decades. The major structural change being the introduction of competitive markets and power exchanges. In this paper, we conduct a detailed empirical study of the statistical properties of the Nordic power...

This paper presents a method for evaluation of investments in decentralized renewable power generation under price uncertainty. The analysis is applicable for a building owner with an electricity load and a renewable resource that can be utilized for power generation. The owner of the building...