作者: Marijke Welisch , André Ortner , Gustav Resch
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摘要: This study presents an assessment of both the merit-order effect and market values electricity generated from variable renewable energy sources, namely wind solar photovoltaics. The historical price development in several European countries – that cover 73% source share Europe’s regional markets has been taken into account. To gain insights impact on prices, were calculated using a multivariate regression analysis ex-post calculations. All analyzed show consistent, negative spot prices decreasing value source, possibly attributable to increased shares. coefficients are economically statistically significant. provides large geographical spread markets, enables comparison between countries, therefore valuable ...