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This paper studies the impact of the European Target Model (ETM) on day-ahead electricity interconnection capacity prices between Great Britain (GB) and France (FR). We implement an econometric approach using data from the Interconnection-France-Angleterre (IFA); such an approach controls for factors that may influence prices besides the ETM. The modelling indicates that the target model raised day-ahead...
This paper studies the impact of wind generation on system costs and prices in Ireland. The importance of wind power and potential impacts on system costs is of interest to power system planners and policy makers globally. However, the impact of wind generation on system costs has been only studied with limited actual data from power systems with increased wind penetration. The paper uses a unique...
This paper studies the impact of wind generation on system balancing costs. The paper makes use of a novel and rich dataset on half-hourly and five-minute generation by fuel and generation type and system balancing prices and volumes made available by the UK market and systems operator for every period from November 2008 to November 2011. An econometric cost function approach is used, where the total...
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