شماره ركورد كنفرانس :
4529
عنوان مقاله :
The impact of renewable energies on the electricity prices on the German EEX day-ahead market
Author/Authors :
Esmail Ansari Institute of Energy Systems and Energy Management - University of Applied Sciences, Bottrop, Germany
كليدواژه :
volatility of the Day-ahead baseload prices , feed-in power coming from renewable energies , GARCH , multiplicative SARIMAX , gas prices , CO2 allowances prices
عنوان كنفرانس :
دومين كنفرانس بين المللي فناوري و مديريت انرژي
چكيده لاتين :
Using a multiplicative seasonal ARX-GARCH Model, I investigate the impact of the feed-in power generated by wind and photovoltaic power plants into the national electricity grid and furthermore the prices of gas and CO2 allowances on the volatility of the baseload prices on the EEX day-ahead market for 2013. My results indicate that the feed-in power coming from renewable energies have a high significant price decreasing effect on the day-ahead baseload prices, while for gas and CO2 allowances prices no empirical significance could be determined.
