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Beyond the merit order effect: Impact of the rapid expansion of renewable energy on electricity market price

Mizue Shimomura, Alexander Ryota Keeley, Ken’ichi Matsumoto, K. Tanaka, Shunsuke Managi

2023Renewable and Sustainable Energy Reviews50 citationsDOI

Topics & Concepts

Renewable energyElectricityElectricity marketOrder (exchange)EconomicsEnvironmental economicsIndustrial organizationNatural resource economicsMicroeconomicsEngineeringElectrical engineeringFinanceEnergy Load and Power ForecastingElectric Power System OptimizationMarket Dynamics and Volatility
Beyond the merit order effect: Impact of the rapid expansion of renewable energy on electricity market price | Litcius