Article ID Journal Published Year Pages File Type
5001603 The Electricity Journal 2017 5 Pages PDF
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
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