The Merit Order Effect of Wind Generation on the Irish Electricity Market

摘要: This paper considers the cost savings arising from wind generation through merit order effect in gross pool electricity markets, using Irish market as a case study. The makes for good testing ground due to fact that it is single with very little interconnection other allowing impacts of be more clearly identified than on interconnected system. Ireland also has extremely ambitious renewable energy targets, resulting high penetration generation. authors estimate historic marketusing an hourly time series OLS regression model 2009. We find value dispatch resulted €141 million dispatch. total costs would have been region 12% higher over course year had no output available. These are significantly greater subsidy received wind-generated this period, and result can seen positive externalities derived generated outweigh subsidy; particularly when one CO2 saving accepts all forms impose integration systems.