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The benefits of flexibility: The value of wind energy with hydropower

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  1. Munoz, Francisco D. & Pumarino, Bruno J. & Salas, Ignacio A., 2017. "Aiming low and achieving it: A long-term analysis of a renewable policy in Chile," Energy Economics, Elsevier, vol. 65(C), pages 304-314.
  2. Simone Quaresma Brandão & Erik Eduardo Rego & Rafaela Veiga Pillar & Renata Nogueira Francisco de Carvalho, 2024. "Hydropower Enhancing the Future of Variable Renewable Energy Integration: A Regional Analysis of Capacity Availability in Brazil," Energies, MDPI, vol. 17(13), pages 1-13, July.
  3. Debia, Sébastien & Pineau, Pierre-Olivier & Siddiqui, Afzal S., 2021. "Strategic storage use in a hydro-thermal power system with carbon constraints," Energy Economics, Elsevier, vol. 98(C).
  4. Đukan, Mak & Kitzing, Lena, 2023. "A bigger bang for the buck: The impact of risk reduction on renewable energy support payments in Europe," Energy Policy, Elsevier, vol. 173(C).
  5. 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.
  6. Johar, Muhammad Ali & Kang, Jin-Ho & Hassan, Mostafa Afifi & Ryu, Sang-Wan, 2018. "A scalable, flexible and transparent GaN based heterojunction piezoelectric nanogenerator for bending, air-flow and vibration energy harvesting," Applied Energy, Elsevier, vol. 222(C), pages 781-789.
  7. Jimenez, I. Sanchez & Ribó-Pérez, D. & Cvetkovic, M. & Kochems, J. & Schimeczek, C. & de Vries, L.J., 2024. "Can an energy only market enable resource adequacy in a decarbonized power system? A co-simulation with two agent-based-models," Applied Energy, Elsevier, vol. 360(C).
  8. Shahriari, Mehdi & Blumsack, Seth, 2017. "Scaling of wind energy variability over space and time," Applied Energy, Elsevier, vol. 195(C), pages 572-585.
  9. Hyun, Minwoo & Kim, Yeong Jae & Eom, Jiyong, 2020. "Assessing the impact of a demand-resource bidding market on an electricity generation portfolio and the environment," Energy Policy, Elsevier, vol. 147(C).
  10. Paweł Tomczyk & Krzysztof Mastalerek & Karol Kociszewski & Wojciech Orzepowski & Mirosław Wiatkowski, 2025. "Economic Analysis of the Operation of a Hydropower Plant in a Wastewater Treatment Plant: Toruń, Poland," Energies, MDPI, vol. 18(2), pages 1-19, January.
  11. Li, Yanxue & Zhang, Xiaoyi & Gao, Weijun & Xu, Wenya & Wang, Zixuan, 2022. "Operational performance and grid-support assessment of distributed flexibility practices among residential prosumers under high PV penetration," Energy, Elsevier, vol. 238(PB).
  12. 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.
  13. Li, Yanxue & Xie, Yun & Zhang, Xiaoyi & Xiao, Fu & Gao, Weijun, 2024. "Grid variability and value assessment of long-duration energy storage under rising photovoltaic penetration: Evidence from Japan," Energy, Elsevier, vol. 307(C).
  14. 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).
  15. Odeh, Rodrigo Pérez & Watts, David, 2019. "Impacts of wind and solar spatial diversification on its market value: A case study of the Chilean electricity market," Renewable and Sustainable Energy Reviews, Elsevier, vol. 111(C), pages 442-461.
  16. Li, Yanxue & Gao, Weijun & Ruan, Yingjun & Ushifusa, Yoshiaki, 2018. "The performance investigation of increasing share of photovoltaic generation in the public grid with pump hydro storage dispatch system, a case study in Japan," Energy, Elsevier, vol. 164(C), pages 811-821.
  17. Bucksteeg, Michael & Wiedmann, Michael & Pöstges, Arne & Haller, Markus & Böttger, Diana & Ruhnau, Oliver & Schmitz, Richard, 2022. "The transformation of integrated electricity and heat systems—Assessing mid-term policies using a model comparison approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 160(C).
  18. Donk, Peter & Sterl, Sebastian & Thiery, Wim & Willems, Patrick, 2021. "REVUB-Light: A parsimonious model to assess power system balancing and flexibility for optimal intermittent renewable energy integration – A study of Suriname," Renewable Energy, Elsevier, vol. 173(C), pages 57-75.
  19. Phoebe Koundouri & Angelos Alamanos & Stathis Devves & Conrad Landis & Kostantinos Dellis, 2024. "Innovations for Holistic and Sustainable Transitions," Energies, MDPI, vol. 17(20), pages 1-16, October.
  20. Klie, Leo & Madlener, Reinhard, 2022. "Optimal configuration and diversification of wind turbines: A hybrid approach to improve the penetration of wind power," Energy Economics, Elsevier, vol. 105(C).
  21. Philipp Härtel & Magnus Korpås, 2017. "Aggregation Methods for Modelling Hydropower and Its Implications for a Highly Decarbonised Energy System in Europe," Energies, MDPI, vol. 10(11), pages 1, November.
  22. Luis Montero & Antonio Bello & Javier Reneses, 2020. "A New Methodology to Obtain a Feasible Thermal Operation in Power Systems in a Medium-Term Horizon," Energies, MDPI, vol. 13(12), pages 1-17, June.
  23. Ruhnau, Oliver & Hirth, Lion & Praktiknjo, Aaron, 2020. "Heating with wind: Economics of heat pumps and variable renewables," Energy Economics, Elsevier, vol. 92(C).
  24. Klie, Leo & Madlener, Reinhard, 2024. "Concentration versus diversification: A spatial deployment approach to improve the economics of wind power," Energy Policy, Elsevier, vol. 185(C).
  25. Gongcheng Liu & Xudi Qiu & Jiayi Ma & Diyi Chen & Xiao Liang, 2022. "Influence of Flexible Generation Mode on the Stability of Hydropower Generation System: Stability Assessment of Part-Load Operation," Energies, MDPI, vol. 15(11), pages 1-19, May.
  26. Krishnamurthy, Chandra Kiran B. & Vesterberg, Mattias & Böök, Herman & Lindfors, Anders V. & Svento, Rauli, 2018. "Real-time pricing revisited: Demand flexibility in the presence of micro-generation," Energy Policy, Elsevier, vol. 123(C), pages 642-658.
  27. Hase, Bastian & Seidel, Christian, 2021. "Balancing services by run-of-river-hydropower at low reservoir amplitudes: Potentials, revenues and emission impacts," Applied Energy, Elsevier, vol. 294(C).
  28. Levieux, Luis Ignacio & Ocampo-Martinez, Carlos & Inthamoussou, Fernando A. & De Battista, Hernán, 2021. "Predictive management approach for the coordination of wind and water-based power supplies," Energy, Elsevier, vol. 219(C).
  29. Mezősi, András & Felsmann, Balázs & Kerekes, Lajos & Szabó, László, 2020. "Coexistence of nuclear and renewables in the V4 electricity system: Friends or enemies?," Energy Policy, Elsevier, vol. 140(C).
  30. Kruyt, Bert & Lehning, Michael & Kahl, Annelen, 2017. "Potential contributions of wind power to a stable and highly renewable Swiss power supply," Applied Energy, Elsevier, vol. 192(C), pages 1-11.
  31. Li, Yanxue & Zhang, Xiaoyi & Gao, Weijun & Ruan, Yingjun, 2020. "Capacity credit and market value analysis of photovoltaic integration considering grid flexibility requirements," Renewable Energy, Elsevier, vol. 159(C), pages 908-919.
  32. Brown, T. & Reichenberg, L., 2021. "Decreasing market value of variable renewables can be avoided by policy action," Energy Economics, Elsevier, vol. 100(C).
  33. Klie, Leo & Madlener, Reinhard, 2020. "Concentration Versus Diversification: A Spatial Deployment Approach to Improve the Economics of Wind Power," FCN Working Papers 2/2020, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised May 2021.
  34. Misconel, Steffi & Zöphel, Christoph & Möst, Dominik, 2021. "Assessing the value of demand response in a decarbonized energy system – A large-scale model application," Applied Energy, Elsevier, vol. 299(C).
  35. Bergen, Matías & Muñoz, Francisco D., 2018. "Quantifying the effects of uncertain climate and environmental policies on investments and carbon emissions: A case study of Chile," Energy Economics, Elsevier, vol. 75(C), pages 261-273.
  36. Sterl, Sebastian & Donk, Peter & Willems, Patrick & Thiery, Wim, 2020. "Turbines of the Caribbean: Decarbonising Suriname's electricity mix through hydro-supported integration of wind power," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).
  37. Tomás Cabral & Daniel Clemente & Paulo Rosa-Santos & Francisco Taveira-Pinto & Tiago Morais & Filipe Belga & Henrique Cestaro, 2020. "Performance Assessment of a Hybrid Wave Energy Converter Integrated into a Harbor Breakwater," Energies, MDPI, vol. 13(1), pages 1-22, January.
  38. Gong, Yu & Liu, Pan & Ming, Bo & Xu, Weifeng & Huang, Kangdi & Li, Xiao, 2021. "Deriving pack rules for hydro–photovoltaic hybrid power systems considering diminishing marginal benefit of energy," Applied Energy, Elsevier, vol. 304(C).
  39. Terese E. Venus & Nicole Smialek & Joachim Pander & Atle Harby & Juergen Geist, 2020. "Evaluating Cost Trade-Offs between Hydropower and Fish Passage Mitigation," Sustainability, MDPI, vol. 12(20), pages 1-30, October.
  40. Quentin Perrier, 2017. "The French Nuclear Bet," Working Papers 2017.18, Fondazione Eni Enrico Mattei.
  41. Su, Yufei & Kern, Jordan D. & Characklis, Gregory W., 2017. "The impact of wind power growth and hydrological uncertainty on financial losses from oversupply events in hydropower-dominated systems," Applied Energy, Elsevier, vol. 194(C), pages 172-183.
  42. Díaz, Guzmán & Coto, José & Gómez-Aleixandre, Javier, 2019. "Levelized income loss as a metric of the adaptation of wind and energy storage to variable prices," Applied Energy, Elsevier, vol. 238(C), pages 1179-1191.
  43. Unger, Elizabeth A. & Ulfarsson, Gudmundur F. & Gardarsson, Sigurdur M. & Matthiasson, Thorolfur, 2018. "The effect of wind energy production on cross-border electricity pricing: The case of western Denmark in the Nord Pool market," Economic Analysis and Policy, Elsevier, vol. 58(C), pages 121-130.
  44. Xiaokun Man & Hongyan Song & Huanhuan Li, 2023. "Estimating Hydropower Generation Flexibilities of a Hybrid Hydro–Wind Power System: From the Perspective of Multi-Time Scales," Energies, MDPI, vol. 16(13), pages 1-17, July.
  45. Sun, Kaiqi & Li, Ke-Jun & Pan, Jiuping & Liu, Yong & Liu, Yilu, 2019. "An optimal combined operation scheme for pumped storage and hybrid wind-photovoltaic complementary power generation system," Applied Energy, Elsevier, vol. 242(C), pages 1155-1163.
  46. Mwampashi, Muthe Mathias & Nikitopoulos, Christina Sklibosios & Rai, Alan & Konstandatos, Otto, 2022. "Large-scale and rooftop solar generation in the NEM: A tale of two renewables strategies," Energy Economics, Elsevier, vol. 115(C).
  47. Morgenthaler, Simon & Dünzen, Justus & Stadler, Ingo & Witthaut, Dirk, 2021. "Three stages in the co-transformation of the energy and mobility sectors," Renewable and Sustainable Energy Reviews, Elsevier, vol. 150(C).
  48. Calheiros-Cabral, Tomás & Clemente, Daniel & Rosa-Santos, Paulo & Taveira-Pinto, Francisco & Ramos, Victor & Morais, Tiago & Cestaro, Henrique, 2020. "Evaluation of the annual electricity production of a hybrid breakwater-integrated wave energy converter," Energy, Elsevier, vol. 213(C).
  49. Ramírez-Sagner, Gonzalo & Muñoz, Francisco D., 2019. "The effect of head-sensitive hydropower approximations on investments and operations in planning models for policy analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 105(C), pages 38-47.
  50. Machado, Bruno Goulart F. & Bhagwat, Pradyumna C., 2020. "The impact of the generation mix on the current regulatory framework for hydropower remuneration in Brazil," Energy Policy, Elsevier, vol. 137(C).
  51. Heydarian-Forushani, E. & Golshan, M.E.H. & Siano, Pierluigi, 2017. "Evaluating the benefits of coordinated emerging flexible resources in electricity markets," Applied Energy, Elsevier, vol. 199(C), pages 142-154.
  52. Wen, Xin & Sun, Yuanliang & Tan, Qiaofeng & Tang, Zhengyang & Wang, Zhenni & Liu, Zhehua & Ding, Ziyu, 2022. "Optimizing the sizes of wind and photovoltaic plants complementarily operating with cascade hydropower stations: Balancing risk and benefit," Applied Energy, Elsevier, vol. 306(PA).
  53. Jahns, Christopher & Podewski, Caroline & Weber, Christoph, 2020. "Supply curves for hydro reservoirs – Estimation and usage in large-scale electricity market models," Energy Economics, Elsevier, vol. 87(C).
  54. Clemente, D. & Rosa-Santos, P. & Taveira-Pinto, F., 2021. "On the potential synergies and applications of wave energy converters: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
  55. Petersen, Claire & Reguant, Mar & Segura, Lola, 2024. "Measuring the impact of wind power and intermittency," Energy Economics, Elsevier, vol. 129(C).
  56. Liebensteiner, Mario & Naumann, Fabian, 2022. "Can carbon pricing counteract renewable energies’ cannibalization problem?," Energy Economics, Elsevier, vol. 115(C).
  57. Schillinger, Moritz, 2020. "Balancing-market design and opportunity cost: The Swiss case," Utilities Policy, Elsevier, vol. 64(C).
  58. Johansson, Viktor & Lehtveer, Mariliis & Göransson, Lisa, 2019. "Biomass in the electricity system: A complement to variable renewables or a source of negative emissions?," Energy, Elsevier, vol. 168(C), pages 532-541.
  59. Sascha Samadi, 2017. "The Social Costs of Electricity Generation—Categorising Different Types of Costs and Evaluating Their Respective Relevance," Energies, MDPI, vol. 10(3), pages 1, March.
  60. Bernath, Christiane & Deac, Gerda & Sensfuß, Frank, 2021. "Impact of sector coupling on the market value of renewable energies – A model-based scenario analysis," Applied Energy, Elsevier, vol. 281(C).
  61. Gaudard, Ludovic & Avanzi, Francesco & De Michele, Carlo, 2018. "Seasonal aspects of the energy-water nexus: The case of a run-of-the-river hydropower plant," Applied Energy, Elsevier, vol. 210(C), pages 604-612.
  62. Liu, Tingting & Xu, Jiuping, 2021. "Equilibrium strategy based policy shifts towards the integration of wind power in spot electricity markets: A perspective from China," Energy Policy, Elsevier, vol. 157(C).
  63. Amjath-Babu, T.S. & Sharma, Bikash & Brouwer, Roy & Rasul, Golam & Wahid, Shahriar M. & Neupane, Nilhari & Bhattarai, Utsav & Sieber, Stefan, 2019. "Integrated modelling of the impacts of hydropower projects on the water-food-energy nexus in a transboundary Himalayan river basin," Applied Energy, Elsevier, vol. 239(C), pages 494-503.
  64. Mikovits, Christian & Wetterlund, Elisabeth & Wehrle, Sebastian & Baumgartner, Johann & Schmidt, Johannes, 2021. "Stronger together: Multi-annual variability of hydrogen production supported by wind power in Sweden," Applied Energy, Elsevier, vol. 282(PB).
  65. Wang, Xianxun & Mei, Yadong & Kong, Yanjun & Lin, Yuru & Wang, Hao, 2017. "Improved multi-objective model and analysis of the coordinated operation of a hydro-wind-photovoltaic system," Energy, Elsevier, vol. 134(C), pages 813-839.
  66. Avesani, Diego & Zanfei, Ariele & Di Marco, Nicola & Galletti, Andrea & Ravazzolo, Francesco & Righetti, Maurizio & Majone, Bruno, 2022. "Short-term hydropower optimization driven by innovative time-adapting econometric model," Applied Energy, Elsevier, vol. 310(C).
  67. Wang, Yongpei & Yan, Weilong & Zhuang, Shangwen & Zhang, Qian, 2019. "Competition or complementarity ? The hydropower and thermal power nexus in China," Renewable Energy, Elsevier, vol. 138(C), pages 531-541.
  68. Joos, Michael & Staffell, Iain, 2018. "Short-term integration costs of variable renewable energy: Wind curtailment and balancing in Britain and Germany," Renewable and Sustainable Energy Reviews, Elsevier, vol. 86(C), pages 45-65.
  69. Quentin Perrier, 2017. "The French nuclear bet," CIRED Working Papers halshs-01487296, HAL.
  70. Ruhnau, O. & Bucksteeg, M. & Ritter, D. & Schmitz, R. & Böttger, D. & Koch, M. & Pöstges, A. & Wiedmann, M. & Hirth, L., 2022. "Why electricity market models yield different results: Carbon pricing in a model-comparison experiment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
  71. Obermüller, Frank, 2017. "Build Wind Capacities at Windy Locations? Assessment of System Optimal Wind Locations," EWI Working Papers 2017-9, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
  72. Ruhnau, Oliver, 2022. "How flexible electricity demand stabilizes wind and solar market values: The case of hydrogen electrolyzers," Applied Energy, Elsevier, vol. 307(C).
  73. Dong, Zhe & Liu, Miao & Zhang, Zuoyi & Dong, Yujie & Huang, Xiaojin, 2019. "Automatic generation control for the flexible operation of multimodular high temperature gas-cooled reactor plants," Renewable and Sustainable Energy Reviews, Elsevier, vol. 108(C), pages 11-31.
  74. Clemens Stiewe & Alice Lixuan Xu & Anselm Eicke & Lion Hirth, 2024. "Cross-border cannibalization: Spillover effects of wind and solar energy on interconnected European electricity markets," Papers 2405.17166, arXiv.org.
  75. 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.
  76. Claudia Condemi & Loretta Mastroeni & Pierluigi Vellucci, 2021. "The impact of Clean Spark Spread expectations on storage hydropower generation," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 44(2), pages 1111-1146, December.
  77. Dominique M. Bain & Thomas L. Acker, 2018. "Hydropower Impacts on Electrical System Production Costs in the Southwest United States," Energies, MDPI, vol. 11(2), pages 1-21, February.
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  79. Sgarbi, Felipe de Albuquerque & Uhlig, Alexandre & Simões, André Felipe & Goldemberg, José, 2019. "An assessment of the socioeconomic externalities of hydropower plants in Brazil," Energy Policy, Elsevier, vol. 129(C), pages 868-879.
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  82. Chudinzow, Dimitrij & Nagel, Sylvio & Güsewell, Joshua & Eltrop, Ludger, 2020. "Vertical bifacial photovoltaics – A complementary technology for the European electricity supply?," Applied Energy, Elsevier, vol. 264(C).
  83. Pöstges, Arne & Bucksteeg, Michael & Ruhnau, Oliver & Böttger, Diana & Haller, Markus & Künle, Eglantine & Ritter, David & Schmitz, Richard & Wiedmann, Michael, 2022. "Phasing out coal: An impact analysis comparing five large-scale electricity market models," Applied Energy, Elsevier, vol. 319(C).
  84. Romeiro, Diogo Lisbona & Almeida, Edmar Luiz Fagundes de & Losekann, Luciano, 2020. "Systemic value of electricity sources – What we can learn from the Brazilian experience?," Energy Policy, Elsevier, vol. 138(C).
  85. Schillinger, Moritz & Weigt, Hannes & Barry, Michael & Schumann, René, 2017. "Hydropower Operation in a Changing Market Environment A Swiss Case Study," Working papers 2017/19, Faculty of Business and Economics - University of Basel.
  86. Perrier, Quentin, 2018. "The second French nuclear bet," Energy Economics, Elsevier, vol. 74(C), pages 858-877.
  87. Orrego, Santiago & Shoele, Kourosh & Ruas, Andre & Doran, Kyle & Caggiano, Brett & Mittal, Rajat & Kang, Sung Hoon, 2017. "Harvesting ambient wind energy with an inverted piezoelectric flag," Applied Energy, Elsevier, vol. 194(C), pages 212-222.
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