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The Optimal Share of Variable Renewables: How the Variability of Wind and Solar Power affects their Welfare-optimal Deployment

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  1. Kirkerud, Jon Gustav & Bolkesjø, Torjus Folsland & Trømborg, Erik, 2017. "Power-to-heat as a flexibility measure for integration of renewable energy," Energy, Elsevier, vol. 128(C), pages 776-784.
  2. Bistline, John E.T. & Brown, Maxwell & Siddiqui, Sauleh A. & Vaillancourt, Kathleen, 2020. "Electric sector impacts of renewable policy coordination: A multi-model study of the North American energy system," Energy Policy, Elsevier, vol. 145(C).
  3. Heimvik, Arild & Amundsen, Eirik S., 2021. "Prices vs. percentages: Use of tradable green certificates as an instrument of greenhouse gas mitigation," Energy Economics, Elsevier, vol. 99(C).
  4. Madhu Khanna, 2021. "COVID‐19: A Cloud with a Silver Lining for Renewable Energy?," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(1), pages 73-85, March.
  5. Bistline, John & Santen, Nidhi & Young, David, 2019. "The economic geography of variable renewable energy and impacts of trade formulations for renewable mandates," Renewable and Sustainable Energy Reviews, Elsevier, vol. 106(C), pages 79-96.
  6. Ruhnau, Oliver & Hirth, Lion & Praktiknjo, Aaron, 2020. "Heating with wind: Economics of heat pumps and variable renewables," Energy Economics, Elsevier, vol. 92(C).
  7. Murphy, C.A. & Schleifer, A. & Eurek, K., 2021. "A taxonomy of systems that combine utility-scale renewable energy and energy storage technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 139(C).
  8. Cloete, Schalk & Hirth, Lion, 2020. "Flexible power and hydrogen production: Finding synergy between CCS and variable renewables," Energy, Elsevier, vol. 192(C).
  9. Yu-Ling Hsiao, Cody & Wei, Xinyang & Sheng, Ni & Shao, Chengwu, 2021. "A joint test of policy contagion with application to the solar sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 141(C).
  10. Pechan, A., 2017. "Where do all the windmills go? Influence of the institutional setting on the spatial distribution of renewable energy installation," Energy Economics, Elsevier, vol. 65(C), pages 75-86.
  11. Huppmann, Daniel & Egging, Ruud, 2014. "Market power, fuel substitution and infrastructure – A large-scale equilibrium model of global energy markets," Energy, Elsevier, vol. 75(C), pages 483-500.
  12. Bucksteeg, Michael, 2019. "Modelling the impact of geographical diversification of wind turbines on the required firm capacity in Germany," Applied Energy, Elsevier, vol. 235(C), pages 1476-1491.
  13. Nemet, Gregory F. & O’Shaughnessy, Eric & Wiser, Ryan & Darghouth, Naïm & Barbose, Galen & Gillingham, Ken & Rai, Varun, 2017. "Characteristics of low-priced solar PV systems in the U.S," Applied Energy, Elsevier, vol. 187(C), pages 501-513.
  14. Kondziella, Hendrik & Bruckner, Thomas, 2016. "Flexibility requirements of renewable energy based electricity systems – a review of research results and methodologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 10-22.
  15. Zerrahn, Alexander & Huppmann, Daniel, 2014. "Network Expansion to Mitigate Market Power: How Increased Integration Fosters Welfare," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100459, Verein für Socialpolitik / German Economic Association.
  16. Dawid Buła & Dariusz Grabowski & Andrzej Lange & Marcin Maciążek & Marian Pasko, 2020. "Long- and Short-Term Comparative Analysis of Renewable Energy Sources," Energies, MDPI, vol. 13(14), pages 1-18, July.
  17. Keppler, Jan Horst & Quemin, Simon & Saguan, Marcelo, 2022. "Why the sustainable provision of low-carbon electricity needs hybrid markets," Energy Policy, Elsevier, vol. 171(C).
  18. Schill, Wolf-Peter, 2014. "Residual load, renewable surplus generation and storage requirements in Germany," Energy Policy, Elsevier, vol. 73(C), pages 65-79.
  19. Tunç Durmaz & Aude Pommeret & Ian Ridley, 2017. "Willingness to Pay for Solar Panels and Smart Grids," Working Papers 2017.24, Fondazione Eni Enrico Mattei.
  20. Sinn, Hans-Werner, 2017. "Buffering volatility: A study on the limits of Germany's energy revolution," European Economic Review, Elsevier, vol. 99(C), pages 130-150.
  21. Fogelberg, Sara & Lazarczyk, Ewa, 2015. "The Wind Power Volatility and the Impact on Failure Rates in the Nordic Electricity Market," Working Paper Series 1065, Research Institute of Industrial Economics.
  22. Simshauser, Paul, 2021. "Renewable Energy Zones in Australia's National Electricity Market," Energy Economics, Elsevier, vol. 101(C).
  23. Pondini, Maddalena & Colla, Valentina & Signorini, Annamaria, 2017. "Models of control valve and actuation system for dynamics analysis of steam turbines," Applied Energy, Elsevier, vol. 207(C), pages 208-217.
  24. Stack, Daniel C. & Curtis, Daniel & Forsberg, Charles, 2019. "Performance of firebrick resistance-heated energy storage for industrial heat applications and round-trip electricity storage," Applied Energy, Elsevier, vol. 242(C), pages 782-796.
  25. Bolinger, Mark & Millstein, Dev & Gorman, Will & Dobson, Patrick & Jeong, Seongeun, 2023. "Mind the gap: Comparing the net value of geothermal, wind, solar, and solar+storage in the Western United States," Renewable Energy, Elsevier, vol. 205(C), pages 999-1009.
  26. Nemet, Gregory F. & O'Shaughnessy, Eric & Wiser, Ryan & Darghouth, Naïm R. & Barbose, Galen & Gillingham, Ken & Rai, Varun, 2017. "What factors affect the prices of low-priced U.S. solar PV systems?," Renewable Energy, Elsevier, vol. 114(PB), pages 1333-1339.
  27. Simshauser, P. & Newbery, D., 2023. "Non-Firm vs. Priority Access: on the Long Run Average and Marginal Cost of Renewables in Australia," Cambridge Working Papers in Economics 2363, Faculty of Economics, University of Cambridge.
  28. Simshauser, Paul, 2020. "Merchant renewables and the valuation of peaking plant in energy-only markets," Energy Economics, Elsevier, vol. 91(C).
  29. Marshman, Daniel & Brear, Michael & Ring, Brendan, 2022. "Impact of unit commitment and RoCoF constraints on revenue sufficiency in decarbonising wholesale electricity markets," Energy Economics, Elsevier, vol. 106(C).
  30. Bistline, John E.T. & Young, David T., 2020. "Emissions impacts of future battery storage deployment on regional power systems," Applied Energy, Elsevier, vol. 264(C).
  31. Ringkjøb, Hans-Kristian & Haugan, Peter M. & Solbrekke, Ida Marie, 2018. "A review of modelling tools for energy and electricity systems with large shares of variable renewables," Renewable and Sustainable Energy Reviews, Elsevier, vol. 96(C), pages 440-459.
  32. Madalina-Gabriela ANGHEL & Constantin ANGHELACHE & Alexandru MANOLE & Ana CARP, 2017. "The Strategy Of The European Union Member States In The Field Of Energy," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(8), pages 19-34, August.
  33. Philip Tafarte & Marcus Eichhorn & Daniela Thrän, 2019. "Capacity Expansion Pathways for a Wind and Solar Based Power Supply and the Impact of Advanced Technology—A Case Study for Germany," Energies, MDPI, vol. 12(2), pages 1-23, January.
  34. Goutte, Stéphane & Vassilopoulos, Philippe, 2019. "The value of flexibility in power markets," Energy Policy, Elsevier, vol. 125(C), pages 347-357.
  35. René Aïd & Matteo Basei & Huyên Pham, 2017. "The coordination of centralised and distributed generation," Working Papers hal-01517165, HAL.
  36. Clemens Gerbaulet & Casimir Lorenz, 2017. "dynELMOD: A Dynamic Investment and Dispatch Model for the Future European Electricity Market," Data Documentation 88, DIW Berlin, German Institute for Economic Research.
  37. Bistline, John E., 2017. "Economic and technical challenges of flexible operations under large-scale variable renewable deployment," Energy Economics, Elsevier, vol. 64(C), pages 363-372.
  38. Peña, Juan Ignacio & Rodríguez, Rosa & Mayoral, Silvia, 2022. "Cannibalization, depredation, and market remuneration of power plants," Energy Policy, Elsevier, vol. 167(C).
  39. Javier L'opez Prol & Wolf-Peter Schill, 2020. "The Economics of Variable Renewables and Electricity Storage," Papers 2012.15371, arXiv.org.
  40. Huiru Zhao & Sen Guo, 2015. "External Benefit Evaluation of Renewable Energy Power in China for Sustainability," Sustainability, MDPI, vol. 7(5), pages 1-23, April.
  41. Goodarzi, Shadi & Perera, H. Niles & Bunn, Derek, 2019. "The impact of renewable energy forecast errors on imbalance volumes and electricity spot prices," Energy Policy, Elsevier, vol. 134(C).
  42. Gerbaulet, C. & von Hirschhausen, C. & Kemfert, C. & Lorenz, C. & Oei, P.-Y., 2019. "European electricity sector decarbonization under different levels of foresight," Renewable Energy, Elsevier, vol. 141(C), pages 973-987.
  43. Zerrahn, Alexander & Krekel, Christian, 2015. "Sowing the Wind and Reaping the Whirlwind? The Effect of Wind Turbines on Residential Well-Being," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112956, Verein für Socialpolitik / German Economic Association.
  44. Martínez-Gordón, R. & Morales-España, G. & Sijm, J. & Faaij, A.P.C., 2021. "A review of the role of spatial resolution in energy systems modelling: Lessons learned and applicability to the North Sea region," Renewable and Sustainable Energy Reviews, Elsevier, vol. 141(C).
  45. Petersen, Claire & Reguant, Mar & Segura, Lola, 2024. "Measuring the impact of wind power and intermittency," Energy Economics, Elsevier, vol. 129(C).
  46. Thao Pham & Killian Lemoine, 2020. "Impacts of subsidized renewable electricity generation on spot market prices in Germany : Evidence from a GARCH model with panel data," Working Papers hal-02568268, HAL.
  47. Alexis Tantet & Marc Stéfanon & Philippe Drobinski & Jordi Badosa & Silvia Concettini & Anna Cretì & Claudia D’Ambrosio & Dimitri Thomopulos & Peter Tankov, 2019. "e 4 clim 1.0: The Energy for a Climate Integrated Model: Description and Application to Italy," Energies, MDPI, vol. 12(22), pages 1-37, November.
  48. Ren'e Aid & Matteo Basei & Huy^en Pham, 2017. "A McKean-Vlasov approach to distributed electricity generation development," Papers 1705.01302, arXiv.org, revised Nov 2019.
  49. Marshman, Daniel & Brear, Michael & Jeppesen, Matthew & Ring, Brendan, 2020. "Performance of wholesale electricity markets with high wind penetration," Energy Economics, Elsevier, vol. 89(C).
  50. Ueckerdt, Falko & Brecha, Robert & Luderer, Gunnar & Sullivan, Patrick & Schmid, Eva & Bauer, Nico & Böttger, Diana & Pietzcker, Robert, 2015. "Representing power sector variability and the integration of variable renewables in long-term energy-economy models using residual load duration curves," Energy, Elsevier, vol. 90(P2), pages 1799-1814.
  51. Hansen, J.P. & Narbel, P.A. & Aksnes, D.L., 2017. "Limits to growth in the renewable energy sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 769-774.
  52. Mihaela IONESCU, 2019. "The Effects Of Electricity From Renewable Energy For The Energy Security Of Romania," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 21, pages 197-203, December.
  53. Nagel, Niels Oliver & Böhringer, Christoph & Rosendahl, Knut Einar & Bolkesjø, Torjus Folsland, 2023. "Impacts of green deal policies on the Nordic power market," Utilities Policy, Elsevier, vol. 80(C).
  54. Markus Fleschutz & Markus Bohlayer & Marco Braun & Michael D. Murphy, 2023. "From prosumer to flexumer: Case study on the value of flexibility in decarbonizing the multi-energy system of a manufacturing company," Papers 2301.07997, arXiv.org.
  55. Eising, Manuel & Hobbie, Hannes & Möst, Dominik, 2020. "Future wind and solar power market values in Germany — Evidence of spatial and technological dependencies?," Energy Economics, Elsevier, vol. 86(C).
  56. Simshauser, P., 2021. "Renewable Energy Zones in Australia’s National Electricity Market," Cambridge Working Papers in Economics 2119, Faculty of Economics, University of Cambridge.
  57. Grohnheit, Poul Erik & Sneum, Daniel Møller, 2023. "Calm before the storm: Market prices in a power market with an increasing share of wind power," Energy Policy, Elsevier, vol. 179(C).
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