The Impact of Renewable Energy Forecasts on Intraday Electricity Prices
نویسندگان
چکیده
In this paper we study the impact of errors in wind and solar power forecasts on intraday electricity prices. We develop a novel econometric model which is based day-ahead wholesale auction curves data forecasts. The shifts supply to calculate apply our German EPEX SPOT SE data. Our outperforms both linear non-linear benchmarks. allows us conclude that renewable energy exert demonstrate additional capacities induce changes price volatility. Finally, comment economical policy implications findings.
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ژورنال
عنوان ژورنال: Economics of energy & environmental policy
سال: 2021
ISSN: ['2160-5882', '2160-5890']
DOI: https://doi.org/10.5547/2160-5890.10.1.skul