Essays about: "Merit Order Effect"

Showing result 1 - 5 of 20 essays containing the words Merit Order Effect.

  1. 1. Something's in the Air: Exploring Wind Power Investment Incentives in Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Herman Rogefors; William Karlsson; [2023]
    Keywords : Wind Power; Merit Order Effect; Swedish Electricity Market; Firm Profitability; Investments;

    Abstract : Swedish wind power generation levels have shifted materially over the last decade, nearly accounting for 20% of the total electricity supply by the end of 2021. Along with rapid infrastructure development, industry ownership structures have changed, and foreign equity in wind power is estimated to increase from 36% in 2016 to 66% in 2024. READ MORE

  2. 2. Understanding the Relation between Wind Power Output and Strategic Withholding through Production Failures: Evidence from Diversified Producers in Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : William Stålhök; Knut Örnéus; [2023]
    Keywords : Production Failures; Wind Power; Market Power; Strategic Withholding; Merit Order Effect;

    Abstract : Previous research provide partial evidence for electricity producers utilizing production failures to disguise the strategic withholding of capacity as well as evidence of diversified electricity producers counteracting the price-reducing effect of the merit order through capacity withholding. In this study, we investigate whether an increased supply of wind power affects the number of reported unplanned production failures among diversified producers in Sweden, thus suggesting this being one of the specific mechanisms with which producers counteract the merit order effect. READ MORE

  3. 3. Wind Power and Electricity Price Dynamics : An Empirical Analysis on the Swedish Day-Ahead Market

    University essay from Umeå universitet/Nationalekonomi

    Author : Maurus Grond; [2023]
    Keywords : ;

    Abstract : Facing large-scale electrification, Swedish electricity markets are projected to undergo fundamental changes over the next decades. With climate protection goals in mind, wind-powered electricity will play a crucial role in supplying tomorrow’s electricity to Swedish households and industry. READ MORE

  4. 4. Renewable Energy Generation and its Effect on Electricity Prices - A case study of Germany

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Andreas Lindbom; Natalia Olsson; [2022-07-08]
    Keywords : ;

    Abstract : The implementation of renewable energy sources should, according to economic theory, reduce electricity prices. The main reason behind this is the merit order effect, which describes the sequence of contributions from different power stations. READ MORE

  5. 5. Prediction of the Impact of Increased Photovoltaics Power on the Swedish Daily Electricity Spot Price Pattern

    University essay from Linköpings universitet/Tillämpad matematik; Linköpings universitet/Tekniska fakulteten

    Author : Saga Fahlén; [2022]
    Keywords : Regime Switching; Photovoltaics; Electricity Spot Price; Cannibalization Effect; Merit Order Effect;

    Abstract : As the demand for electricity increases throughout the globe while we want to reduce the use of fossil fuels, the need for renewable energy sources is bigger than ever. In countries where solar power makes up a large part of the total energy production, the overall electricity spot price level has become lower. READ MORE