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Wind, storage, interconnection and the cost of electricity generation

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  • Di Cosmo, Valeria
  • Malaguzzi Valeri, Laura
Abstract
We evaluate how increasing wind generation affects wholesale electricity prices, balancing payments and the cost of subsidies using the Irish Single Electricity Market (SEM) as a test system, with hourly data from 1 January 2008 to 28 August 2012.

Suggested Citation

  • Di Cosmo, Valeria & Malaguzzi Valeri, Laura, 2018. "Wind, storage, interconnection and the cost of electricity generation," Energy Economics, Elsevier, vol. 69(C), pages 1-18.
    • Handle: RePEc:eee:eneeco:v:69:y:2018:i:c:p:1-18
    DOI: 10.1016/j.eneco.2017.11.003
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    2. Lynch, Muireann A, 2017. "Re-evaluating Irish energy policy in light of brexit," Research Notes RN20170201, Economic and Social Research Institute (ESRI).
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    More about this item

    Keywords

    Wind generation; Constraints; Storage; Interconnection; Subsidies;
    All these keywords.

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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