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