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Mathematical modelling of electricity market with renewable energy sources

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  • Marchenko, O.V.

Abstract

The paper addresses the electricity market with conventional energy sources on fossil fuel and non-conventional renewable energy sources (RESs) with stochastic operating conditions.

Suggested Citation

  • Marchenko, O.V., 2007. "Mathematical modelling of electricity market with renewable energy sources," Renewable Energy, Elsevier, vol. 32(6), pages 976-990.
    • Handle: RePEc:eee:renene:v:32:y:2007:i:6:p:976-990
    DOI: 10.1016/j.renene.2006.04.004
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    References listed on IDEAS

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    1. Marchenko, O.V. & Solomin, S.V., 2004. "Efficiency of wind energy utilization for electricity and heat supply in northern regions of Russia," Renewable Energy, Elsevier, vol. 29(11), pages 1793-1809.
    2. Ford, Andrew, 2001. "Waiting for the boom: : a simulation study of power plant construction in California," Energy Policy, Elsevier, vol. 29(11), pages 847-869, September.
    3. Borenstein, Severin, 2000. "Understanding Competitive Pricing and Market Power in Wholesale Electricity Markets," The Electricity Journal, Elsevier, vol. 13(6), pages 49-57, July.
    4. Morthorst, P. E., 2000. "The development of a green certificate market," Energy Policy, Elsevier, vol. 28(15), pages 1085-1094, December.
    5. Grobman, Jeffrey H. & Carey, Janis M., 2001. "Price caps and investment: long-run effects in the electric generation industry," Energy Policy, Elsevier, vol. 29(7), pages 545-552, June.
    6. Huber, Claus & Faber, Thomas & Haas, Reinhard & Resch, Gustav, 2004. "Organising a joint green European electricity market: the model ElGreen," Renewable Energy, Elsevier, vol. 29(2), pages 197-210.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Mulder, Machiel & Scholtens, Bert, 2013. "The impact of renewable energy on electricity prices in the Netherlands," Renewable Energy, Elsevier, vol. 57(C), pages 94-100.
    2. Marchenko, O.V., 2008. "Modeling of a green certificate market," Renewable Energy, Elsevier, vol. 33(8), pages 1953-1958.
    3. Lund, Peter D., 2014. "How fast can businesses in the new energy sector grow? An analysis of critical factors," Renewable Energy, Elsevier, vol. 66(C), pages 33-40.
    4. Xexakis, Georgios & Hansmann, Ralph & Volken, Sandra P. & Trutnevyte, Evelina, 2020. "Models on the wrong track: Model-based electricity supply scenarios in Switzerland are not aligned with the perspectives of energy experts and the public," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).
    5. Zakeri, Behnam & Virasjoki, Vilma & Syri, Sanna & Connolly, David & Mathiesen, Brian V. & Welsch, Manuel, 2016. "Impact of Germany's energy transition on the Nordic power market – A market-based multi-region energy system model," Energy, Elsevier, vol. 115(P3), pages 1640-1662.

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