The price of wind power generation in Iberia and the merit-order effect

Renewable energy generation depresses electricity spot prices, which is often used as argument to justify incentives provided to renewables. In the so-called “merit-order effect”, renewable power reduces the load available for conventional power and displaces higher marginal cost generation out of t...

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Bibliographic Details
Main Authors: Nuno Carvalho Figueiredo, Patrícia Pereira da Silva
Format: Article
Language:English
Published: Aalborg University Press 2018-01-01
Series:International Journal of Sustainable Energy Planning and Management
Subjects:
Online Access:https://journals.aau.dk/index.php/sepm/article/view/1963/1820