The Effect of Renewable Energy Generation on the Electric Power Spot Price of the Japan Electric Power Exchange

被引:11
|
作者
Maekawa, Jun [1 ]
Bui Hien Hai [2 ]
Shinkuma, Sarana [3 ]
Shimada, Koji [3 ]
机构
[1] Ritsumeikan Univ, R GIRO, Kusatsu, Shiga 5258577, Japan
[2] Ritsumeikan Univ, Grad Sch Econ, Kusatsu, Shiga 5258577, Japan
[3] Ritsumeikan Univ, Fac Econ, Kusatsu, Shiga 5258577, Japan
关键词
electricity market; renewable energy; market design; Japan Electric Power Exchange (JEPX); TIME-SERIES MODELS; EXPERIENCE; MARKETS; IMPACT;
D O I
10.3390/en11092215
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
This study aims to explore the relationship between renewable energies and the electric power spot price of the Japan Electric Power Exchange (JEPX). By using panel data analysis and proxy modeling, this work attempts to estimate how renewable energies (displayed through the proxies) and other factors influence the electric power spot price in Japan. Based on an analysis of the estimations, some policy implications have been proposed, such as to incorporate weather information into the price forecast, or to provide a guide to more effectively transact on the JEPX.
引用
收藏
页数:16
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