IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-01830537.html

Photovoltaic and wind power feed-in impact on electricity prices: The case of Germany

Author

Listed:
  • François Benhmad

    (MRE - Montpellier Recherche en Economie - UM - Université de Montpellier)

  • Jacques Percebois

    (UMR ART-Dev - Acteurs, Ressources et Territoires dans le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - UPVM - Université Paul-Valéry - Montpellier 3 - UPVD - Université de Perpignan Via Domitia - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique)

Abstract

The aim of the paper is to quantify the impact of increasing renewable energy sources (RES), especially wind generation and photovoltaic feed-in, on electricity prices in Germany, with a view to investigating the well-known merit order effect. To explore the dynamics of the merit order effect at an hourly resolution, we use the SURE methodology for carrying out an empirical analysis based on hourly historical data for the Germany electricity market between 2012 and 2015. Our main empirical findings confirm that increasing the share of wind generation and photovoltaic feed-in induces a sharp fall in electricity spot prices. Moreover, this impact varies throughout the 24 h of the day due to the dynamics of electricity demand and the intermittency of wind and solar photovoltaic feed-in.

Suggested Citation

  • François Benhmad & Jacques Percebois, 2018. "Photovoltaic and wind power feed-in impact on electricity prices: The case of Germany," Post-Print hal-01830537, HAL.
    • Handle: RePEc:hal:journl:hal-01830537
    DOI: 10.1016/j.enpol.2018.04.042
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-01830537. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.