Modelling the value of variable renewable electricity

被引:1
|
作者
Eriksson, Clas [1 ]
Linden, Johan [1 ]
Papahristodoulou, Christos [1 ]
机构
[1] Malardalen Univ EST, Box 883, S-72123 Vasteras, Sweden
关键词
Electricity market equilibrium; intermittent supply; economic evaluation;
D O I
10.1016/j.egypro.2019.01.960
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 paper analyzes a simple microeconomic model of electricity market equilibrium. The parameter that shifts the demand between different points of time appears as an additive term. The equilibrium analysis can then be conveniently focused on the relation between two quantities, namely the electricity supply from intermittent sources and the subsistence level of electricity use. Our model is able to mimic the common empirical finding that a higher penetration of variable renewable electricity leads to a lower value factor for this type of power sources. (C) 2019 The Authors. Published by Elsevier Ltd.
引用
收藏
页码:3358 / 3362
页数:5
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