intraday markets is proven to be an effective volatility control mechanism. However, the price stabilizing effect of hydropower … can be corrected though flexible hydropower plants; however the power price is highly influenced by the fluctuations in … the reservoir level (Huisman et. al [2013]). In this paper, we question to what extent hydropower a stabilizing effect has …

and monopoly hydropower allocation solutions are presented. Market power utilization potential for hydropower is reduced … utilization exists. Compared to thermal power systems, wind value factors are high as efficiently allocated hydropower buffers … hydropower widens as wind market share increases …

correlation with wind generation. We estimate the cost of volatility in Denmark’s wind output to equal between 4% and 8% of its …

.This paper investigates the impact of green power resources on the level and volatility of wholesale electricity prices at a … renewables on the volatility of electricity prices, we obtain evidence that renewable energy has a negative effect on volatility … while minimizing the volatility in electricity prices …

volatility up to 2%. Beyond consumption and gas prices, hydro generation also contributes to an increase in electricity prices … and their volatility. The cross-border interconnectors play a significant role in determining price levels and volatility …

weather conditions. To account for the uncertainty in predicting wind power production, this article examines the volatility …-switching GARCH (MRS-GARCH) model on forecasting volatility of wind power. The realized volatility, which is derived from lower …-scale data, serves as a benchmark for the latent volatility. We find that the MRS-GARCH model significantly outperforms …