Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/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 |
URL | 查看原文 |
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/315581 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | 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). |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论