Intermittency and uncertainty in wind and solar energy: Impacts on the French electricity market

IF 13.6 2区 经济学 Q1 ECONOMICS
Maurice K. Ekoue, Matt Woerman, Cédric Clastres
{"title":"Intermittency and uncertainty in wind and solar energy: Impacts on the French electricity market","authors":"Maurice K. Ekoue, Matt Woerman, Cédric Clastres","doi":"10.1016/j.eneco.2024.108176","DOIUrl":null,"url":null,"abstract":"Renewable energy technologies are critical to reducing greenhouse gas emissions from the electricity sector. However, intermittency and uncertainty of renewable energy sources create challenges for the operation of electricity grids and markets. We analyze the impacts of intermittency and uncertainty from wind and solar energy in a novel setting: the French electricity market. We find that these characteristics affect the intraday wholesale electricity price in unique ways. Moreover, market-specific characteristics, including interconnections with neighboring markets and the conventional generation mix, impact the magnitude of these price effects.","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"56 1","pages":""},"PeriodicalIF":13.6000,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1016/j.eneco.2024.108176","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0

Abstract

Renewable energy technologies are critical to reducing greenhouse gas emissions from the electricity sector. However, intermittency and uncertainty of renewable energy sources create challenges for the operation of electricity grids and markets. We analyze the impacts of intermittency and uncertainty from wind and solar energy in a novel setting: the French electricity market. We find that these characteristics affect the intraday wholesale electricity price in unique ways. Moreover, market-specific characteristics, including interconnections with neighboring markets and the conventional generation mix, impact the magnitude of these price effects.
风能和太阳能的间歇性和不确定性:对法国电力市场的影响
可再生能源技术对于减少电力部门的温室气体排放至关重要。然而,可再生能源的间歇性和不确定性给电网和市场的运行带来了挑战。我们在一个新颖的环境中分析了风能和太阳能的间歇性和不确定性的影响:法国电力市场。我们发现这些特征以独特的方式影响着当日批发电价。此外,市场特定的特征,包括与邻近市场的互连和传统的发电组合,会影响这些价格效应的大小。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
Energy Economics
Energy Economics ECONOMICS-
CiteScore
18.60
自引率
12.50%
发文量
524
期刊介绍: Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信