Negative Wholesale Electricity Prices in the German, French and Belgian Day-Ahead, Intra-Day and Real-Time Markets

被引:47
作者
De Vos, Kristof [1 ]
机构
[1] University of Leuven (KU Leuven), Belgium
关键词
Power markets;
D O I
10.1016/j.tej.2015.04.001
中图分类号
F [经济]; C [社会科学总论];
学科分类号
02 ; 03 ; 0303 ;
摘要
Negative prices are a correct signal representing the system's scarcity of downward flexibility, but also result from a market distortion caused by renewable support mechanisms. In the worst case, these withhold active market participation, as in Germany, with its feed-in-tariff coupled with a stringent curtailment policy. In the best case, these result in negative bids under their marginal production cost to recover lost subsidies, as in Belgium. © 2015 Elsevier Inc.
引用
收藏
页码:36 / 50
页数:14
相关论文
共 30 条
[1]  
Borggrefe F., Neuhoff K., Balancing and Intraday Market Design: Options for Wind Integration. Discussion Papers, (2011)
[2]  
Brandstatt C., Brunekreeft G., Jahnke K., How to deal with negative power price spikes? Flexible voluntary curtailment agreements for large-scale integration of wind, Energy Policy, 39, pp. 3732-3740, (2011)
[3]  
De Vos K., Sizing and Allocation of Operating Reserves Following Wind Power Integration, (2013)
[4]  
De Vos K., Morbee J., Driesen J., Belmans R., Impact of wind power on sizing and allocation of reserve requirements, IET Renew. Power Gener., 7, pp. 1-9, (2013)
[5]  
De Vos K., Petoussis A.G., Driesen J., Belmans R., Revision of reserve requirements following wind power integration in island power systems, Renew. Energy, 50, pp. 268-279, (2013)
[6]  
Doorman G., van de Veen R., Abassy A., Balancing Market Design, (2011)
[7]  
Product Sheets, (2014)
[8]  
Yearly Statistics & Adequacy Retrospect 2012. Brussels, (2014)
[9]  
Fanone E., Gamba A., Prokopczuk M., The case of negative day-ahead electricity prices, Energy Econ., 35, pp. 22-34, (2013)
[10]  
Green R., Vasilakos N., Market behaviour with large amounts of intermittent generation, Energy Policy, 38, pp. 3211-3220, (2010)