Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5001603 | The Electricity Journal | 2017 | 5 Pages |
Abstract
Are electricity spot markets in their current form sustainable in a future of renewable, volatile generation that has low or zero operational marginal cost and high fixed costs? This examination concludes that, where storage of generation fuel and electricity are common, these markets may continue their role of coordination of real-time supply and demand. Together with the hedge market for longer-term transactions, these markets deliver an efficient wholesale market for electricity.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Lewis Evans,