scholarly journals The Impact of Capacity Market Auctions on Wholesale Electricity Prices

2022 ◽  
Vol 43 (1) ◽  
Author(s):  
Francisco Moraiz ◽  
Dominic Scott
Proceedings ◽  
2020 ◽  
Vol 65 (1) ◽  
pp. 2
Author(s):  
Elisavet Koutsi ◽  
Sotirios Deligiannis ◽  
Georgia Athanasiadou ◽  
Dimitra Zarbouti ◽  
George Tsoulos

During the last few decades, electric vehicles (EVs) have emerged as a promising sustainable alternative to traditional fuel cars. The work presented here is carried out in the context of the Horizon 2020 project MERLON and targets the impact of EVs on electrical grid load profiles, while considering both grid-to-vehicle (G2V) and vehicle-to-grid (V2G) operation modes. Three different charging policies are considered: the uncontrolled charging, which acts as a reference scenario, and two strategies that fall under the umbrella of individual charging policies based on price incentive strategies. Electricity prices along with the EV user preferences are taken into account for both charging (G2V) and discharging (V2G) operations, allowing for more realistic scenarios to be considered.


Mathematics ◽  
2021 ◽  
Vol 9 (7) ◽  
pp. 750
Author(s):  
Sherzod N. Tashpulatov

We model day-ahead electricity prices of the UK power market using skew generalized error distribution. This distribution allows us to take into account the features of asymmetry, heavy tails, and a peak higher than in normal or Student’s t distributions. The adequacy of the estimated volatility model is verified using various tests and criteria. A correctly specified volatility model can be used for analyzing the impact of reforms or other events. We find that, after the start of the COVID-19 pandemic, price level and volatility increased.


2021 ◽  
pp. 1-19
Author(s):  
Gert Bijnens ◽  
Jozef Konings ◽  
Stijn Vanormelingen

2017 ◽  
Vol 28 (7) ◽  
pp. 687-705 ◽  
Author(s):  
Blanca Moreno ◽  
María T García-Álvarez

Spain and Portugal are highly dependent on energy from abroad, importing more than 70% of all the energy they consume. This high energy dependence could involve important effects on the level and stability of their electricity prices as a half the gross electricity generated in both countries came from power stations using imported combustible fuels (such as natural gas, coal and oil). In general, changes in the prices of these fossil fuels can directly affect household electricity prices, since generation costs are likely to be transmitted through to the wholesale electricity market. Moreover, in the framework of the European Union Emission Trading System, electricity production technologies tend to incorporate their costs of carbon dioxide emission allowances in sale offers with the consequent increase of the electricity prices. The objective of this paper is to analyze the influence of fossil fuel costs and prices of carbon dioxide emission allowances in the EU on the Spanish and Portuguese electricity prices. With this aim, a maximum entropy econometric approach is used. The obtained results indicate that not only the price of imported gas are very important in explaining Spanish and Portuguese electricity prices but also the price of carbon dioxide emission allowances in the EU.


10.14311/1460 ◽  
2011 ◽  
Vol 51 (5) ◽  
Author(s):  
J. Vecka

In my economic model I calculate the impact of the new EU ETS Directive, the Industrial Emissions Directive and the new air protection law on future heat and electricity prices for combined heat and power sources. I discover that there will be a significant increase in heat and electricity prices, especially because of the implementation of new so-called benchmark tools for allocating allowances. The main problem of large heat producers in this respect is loss of competitiveness on the heat market due to emerging stricter environmental legislation, which is not applied to competitors on the heat market (smaller heat sources). There is also lack of clarity about the modalities for allocating free allowances, and about the future development of the whole carbon market (the future European allowance price).


2016 ◽  
Vol 94 ◽  
pp. 474-487 ◽  
Author(s):  
Carlo Brancucci Martinez-Anido ◽  
Greg Brinkman ◽  
Bri-Mathias Hodge

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