期刊
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
卷 57, 期 -, 页码 7-15出版社
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.rser.2015.12.003
关键词
Energy economics; Renewable electricity; Merit order effect; Electricity market modeling; Generation capacity
Germany's public opinion and media usually attribute increasing electricity prices to the high share of renewables in the German power system. But average electricity prices at the European Energy Exchange dropped during the last years due to an excess of renewable energy. This study uses historic market data in order to quantify the effect of renewables on prices. Historic demand and supply curves from 2011 to 2013 have been used to reconstruct electricity prices under the assumption that no wind and PV would be available. The analysis reveals an astonishingly high increase of market prices up to 5.29 ct/kWh due to a lack of non-renewable power capacities. In 2013 the available conventional capacity would not have been able to cover the demand during 269 hours. The estimated maximum deficit of 5.6 GW is in good agreement to data published by the German grid operators. The discussion of the origin of this deficit leads to the conclusion that the current situation has not been caused by renewables. The liberalization of the European energy market established investment risks that hindered required investment a long time before the renewables boomed. (C) 2015 Elsevier Ltd. All rights reserved.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据