A Multivariate Dependence Analysis for Electricity Prices, Demand and Renewable Energy Sources

Author(s):  
Fabrizio Durante ◽  
Angelica Gianfreda ◽  
Francesco Ravazzolo ◽  
Luca Rossini
Proceedings ◽  
2020 ◽  
Vol 63 (1) ◽  
pp. 26
Author(s):  
Pavel Atănăsoae ◽  
Radu Dumitru Pentiuc ◽  
Eugen Hopulele

Increasing of intermittent production from renewable energy sources significantly affects the distribution of electricity prices. In this paper, we analyze the impact of renewable energy sources on the formation of electricity prices on the Day-Ahead Market (DAM). The case of the 4M Market Coupling Project is analyzed: Czech-Slovak-Hungarian-Romanian market areas. As a result of the coupling of electricity markets and the increasing share of renewable energy sources, different situations have been identified in which prices are very volatile.


Energies ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 121
Author(s):  
Jarosław Kulpa ◽  
Piotr Olczak ◽  
Tomasz Surma ◽  
Dominika Matuszewska

Poland has great potential for the development of renewable energy sources. The implementation of support systems dedicated to renewable sources has resulted in the installation of over 10,500 MW of installed capacity. At present, with high electricity prices, stimulated by the costs of CO2 emissions and the costs of fuel purchase, renewable energy sources are of particular importance in the transformation of the Polish power industry. The RES auction system and the My Electricity Program contributed to the growth of entrepreneurship and the development of the economy. Energy consumers, from passive ones, have become active market participants—prosumers. The RES auction system alone contributed to the creation of approx. 5 GWp of installed capacity of photovoltaics (PV) sources in 2016–2021, while the My Electricity Program contributed to the creation of approx. 2 GWp of installed capacity in PV installations in 2019–2021. The aim of the study is to compare the economic and social costs of two photovoltaic development programs, My Electricity and the RES auction system, from the point of view of the country (in support distribution costs—subsidies) and investors, renewable energy installations operators and prosumers to which these programs are targeted, namely, individuals and enterprises.


IEE Review ◽  
1991 ◽  
Vol 37 (4) ◽  
pp. 152
Author(s):  
Kenneth Spring

2020 ◽  
Vol 1 (2) ◽  
pp. 189-193
Author(s):  
Aisha Naiga ◽  
Loyola Rwabose Karobwa

Over 90% of Uganda's power is generated from renewable sources. Standardised Implementation Agreements and Power Purchase Agreements create a long-term relationship between Generating Companies and the state-owned off-taker guaranteed by Government. The COVID-19 pandemic and measures to curb the spread of the virus have triggered the scrutiny and application of force majeure (FM) clauses in these agreements. This article reviews the FM clauses and considers their relevance. The authors submit that FM clauses are a useful commercial tool for achieving energy justice by ensuring the continuity of the project, despite the dire effects of the pandemic. Proposals are made for practical considerations for a post-COVID-19 future which provides the continued pursuit of policy goals of promoting renewable energy sources and increasing access to clean energy, thus accelerating just energy transitions.


2016 ◽  
Vol 136 (5) ◽  
pp. 459-470 ◽  
Author(s):  
Yuki Tsujii ◽  
Takao Tsuji ◽  
Tsutomu Oyama ◽  
Yoshiki Nakachi ◽  
Suresh Chand Verma

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