Integration of non-conventional renewable energy and spot price of electricity: A counterfactual analysis for Colombia

被引：32
|
作者：
Perez, Alex [1 ]
Garcia-Rendon, John J. [2 ]
机构：
[1] Univ EAFIT, Dept Econ, Medellin, Colombia
[2] Univ EAFIT, Res Grp Econ Firm, Dept Econ, Medellin 3300, Colombia
来源：
RENEWABLE ENERGY | 2021年 / 167卷
关键词：
Non-conventional renewable energies; Spot price of electricity; Electricity wholesale market; ENVIRONMENTAL BENEFITS; GENERATION; WIND; POLICY; FLEXIBILITY; PENETRATION; DIFFUSION; AUCTIONS; IMPACT;
D O I：
10.1016/j.renene.2020.11.067
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
Energy transition is prevalent nowadays, and Colombia is no exception to this phenomenon. Energy coming from non-conventional renewable resources is one of the main feature of this phenomenon. Consequently, this paper evaluates the impact of this new kind of renewable energy resource in the Colombian wholesale electricity market. This evaluation uses a counterfactual scenario based on a structural model of an energy firm's behavior that offers 1000 MW in 2018. Our results suggest that the spot price decreases on average 12.75 COP$/kWh (4.31 US$/MWh) per day. We find that 6.75 COP$/kWh (2.28 US$/MWh) is due to the firms' strategies, and 6 COP$/kWh (2.03 US$/MWh) is a merit order effect. (c) 2020 Elsevier Ltd. All rights reserved.
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页码：146 / 161
页数：16
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