GSTDTAP  > 气候变化
DOI10.1016/j.enpol.2020.112093
The impact of variable renewable energy technologies on electricity markets: An analysis of the Turkish balancing market
Selahattin Murat Sirin, Berna N. Yilmaz
2021-02-15
发表期刊Energy Policy
出版年2021
英文摘要

As global investment in renewable energy technologies continue to trend upward, the effects of variable (intermittent) renewable energy technologies on power markets have created serious challenges for regulators and policymakers. The literature on the effects of these technologies on day-ahead markets has been well established; however, further research is required on intra-day and real-time (balancing) markets to understand how these technologies are changing electricity market dynamics. In this respect, this study aims to assess the effects of the variable renewable energy technologies (wind and run-of-river hydro) on Turkish balancing market prices using quantile regression. In addition, ordered logistic regression is used to evaluate how system imbalances are changing as a result of these technologies. Model results show that system marginal price declines as variable renewable energy generation increases. Moreover, there is a higher probability of positive imbalance as the positive difference between real-time and projected variable renewable energy generation increases. Overall, an increase in variable renewable energy generation implies lower prices, but higher positive imbalances for the system. Hence, we recommend that Turkey should revise its current market design to incorporate the geographical and temporal generation characteristics of these technologies.

领域气候变化
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文献类型期刊论文
条目标识符http://119.78.100.173/C666/handle/2XK7JSWQ/315581
专题气候变化
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Selahattin Murat Sirin, Berna N. Yilmaz. The impact of variable renewable energy technologies on electricity markets: An analysis of the Turkish balancing market[J]. Energy Policy,2021.
APA Selahattin Murat Sirin, Berna N. Yilmaz.(2021).The impact of variable renewable energy technologies on electricity markets: An analysis of the Turkish balancing market.Energy Policy.
MLA Selahattin Murat Sirin, Berna N. Yilmaz."The impact of variable renewable energy technologies on electricity markets: An analysis of the Turkish balancing market".Energy Policy (2021).
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