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Managing the risk associated with uncertain load has always been a challenge for retailers in electricity markets. Yet the load variability has been largely predictable in the past, especially when aggregating a large number of consumers. In contrast, the increasing penetration of unpredictable,...
Persistent link: https://www.econbiz.de/10011985190
Quantity and price risks determine key uncertainties market participants face in electricity markets with increased volatility, for instance due to high shares of renewables. In the time from day-ahead until real-time, there lies a large variation in best available information, such as between...
Persistent link: https://www.econbiz.de/10012587556
Electricity retailers face increasing uncertainty due to the ongoing expansion of unpredictable, distributed generation in the residential sector. We analyze how increasing levels of households' solar PV self-generation affect the short-term decisionmaking and associated risk exposure of...
Persistent link: https://www.econbiz.de/10012587557
Quantity and price risks determine key uncertainties market participants face in electricity markets with increased volatility, for instance due to high shares of renewables. In the time from day-ahead until real-time, there lies a large variation in best available information, such as between...
Persistent link: https://www.econbiz.de/10012581307
Electricity retailers face increasing uncertainty due to the ongoing expansion of unpredictable, distributed generation in the residential sector. We analyze how increasing levels of households' solar PV self-generation affect the short-term decisionmaking and associated risk exposure of...
Persistent link: https://www.econbiz.de/10012581308
Persistent link: https://www.econbiz.de/10012520099
Persistent link: https://www.econbiz.de/10013283857
Persistent link: https://www.econbiz.de/10014283055
To guarantee European countries with greater access to competitive energy sources, the European Union has identified new infrastructures for the achievement of a diversified, secure and affordable European single energy market. This paper aims to evaluate the impact on consumers' energy bill of...
Persistent link: https://www.econbiz.de/10011985199
This paper proposes a new mechanism for forward selling renewable electricity generation. In this transactive framework, a wind or solar farm may directly sell to consumers a claim on their future power output in the form of nonfungible blockchain tokens. Using the flexibility of smart contract...
Persistent link: https://www.econbiz.de/10012389622