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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, 1999. "Understanding Competitive Pricing and Market Power in Wholesale Electricity Markets," Competition Policy Center, Working Paper Series qt00p2p3wv, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    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. Borenstein, Severin, 2000. "Understanding Competitive Pricing and Market Power in Wholesale Electricity Markets," The Electricity Journal, Elsevier, vol. 13(6), pages 49-57, July.
    7. 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.
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    Citations

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    Cited by:

    1. 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.
    2. 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.
    3. 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).
    4. Marchenko, O.V., 2008. "Modeling of a green certificate market," Renewable Energy, Elsevier, vol. 33(8), pages 1953-1958.
    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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