Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2017.01.044 |
Has renewable energy induced competitive behavior in the Spanish electricity market? | |
Ciarreta, Aitor1; Paz Espinosa, Maria1; Pizarro-Irizar, Cristina1,2 | |
2017-05-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 104 |
文章类型 | Article |
语种 | 英语 |
国家 | Spain |
英文摘要 | Recent energy policy has favored a massive introduction of Renewable Energy Sources on electricity markets, which has greatly impacted their performance. First, the electricity price has decreased as a consequence of the so-called merit-order effect. Another relevant effect is associated to the intermittent nature of Renewable Energy, which has increased the cost of ancillary services. A third and important aspect, less addressed in the literature, is the induced change in the strategic behavior of the conventional electricity producers. In principle, the entry of new generators in a concentrated market would make it more competitive and change the strategic behavior of the incumbents. We test this hypothesis for the Spanish wholesale market. While we find no significant change in behavior for Nuclear, Hydropower and Coal, a change is observed in Combined Cycle bidding strategies after the entry of renewable generators. Our analysis shows that the massive entry of Renewable Energy Sources made other generators' behavior more competitive in the short run, but the effect was not persistent. |
英文关键词 | Combined cycle electricity plants Electricity market Energy policy Merit-order effect Renewable Energy Sources |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000397549500017 |
WOS关键词 | COSTS ; PRICE ; POWER |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/17913 |
专题 | 气候变化 |
作者单位 | 1.Univ Basque Country, UPV EHU, Fac Econ, Dept Fdn Econ Anal 2, Ave Lehendakari Aguirre 83, Bilbao 48015, Spain; 2.Basque Ctr Climate Change, UPV EHU Sci Pk,Barrio Sarriena S-N, Leioa 48940, Spain |
推荐引用方式 GB/T 7714 | Ciarreta, Aitor,Paz Espinosa, Maria,Pizarro-Irizar, Cristina. Has renewable energy induced competitive behavior in the Spanish electricity market?[J]. ENERGY POLICY,2017,104. |
APA | Ciarreta, Aitor,Paz Espinosa, Maria,&Pizarro-Irizar, Cristina.(2017).Has renewable energy induced competitive behavior in the Spanish electricity market?.ENERGY POLICY,104. |
MLA | Ciarreta, Aitor,et al."Has renewable energy induced competitive behavior in the Spanish electricity market?".ENERGY POLICY 104(2017). |
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