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| DOI | 10.2478/rtuect-2020-0003 |
| The Merit-Order Effect of Load-Shifting: An Estimate for the Spanish Market | |
| Roldan Fernandez J.M.; Burgos Payan M.; Riquelme Santos J.M. | |
| 发表日期 | 2020 |
| ISSN | 22558837 |
| 起始页码 | 43 |
| 结束页码 | 57 |
| 卷号 | 24期号:1 |
| 英文摘要 | Renewable producers can offer selling bids with very low marginal cost since they are not obliged to include on any cost related to the use of energy from the wind or sun. Accordingly, when the Market Operator integrates a renewable bid in the merit-order generation curve, all the generators based on conventional technologies, with higher marginal cost due to the cost of fuels, are displaced to the right. The right-shifting of the merit-order generation curve leads to a lower clearing price, a small increment of the traded energy (almost inelastic demand curve), and a reduction of the total cost of the energy traded in the wholesale market. This is the key mechanism of the well-known merit-order effect of renewables. Load-shifting (demand-side management) plans are expected to yield a reduction of the cost of the traded energy for the customers, since the cost-saving due to the energy eschewed at peak hours would be greater than the extra cost due to the increased demand at off-peak hours. This work will show that the main effects of load-shifting on the market are qualitatively similar to that of renewables, which exemplify the existence a "merit-order effect of load-shifting". To analyse the characteristics of the merit-order effect of load-shifting, a simplified model has been developed, based on the displacement of the generation and demand curves. A set of scenarios has been generated in order to quantify the main effects on the Spanish/Iberian market for 2015. © 2020 Juan M. Roldan Fernandez et al., published by Sciendo 2020. |
| 关键词 | alternative energydemand-side managementelectricity generationenergy marketIberian PeninsulaSpain |
| 语种 | 英语 |
| 来源机构 | Environmental and Climate Technologies |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/132517 |
| 推荐引用方式 GB/T 7714 | Roldan Fernandez J.M.,Burgos Payan M.,Riquelme Santos J.M.. The Merit-Order Effect of Load-Shifting: An Estimate for the Spanish Market[J]. Environmental and Climate Technologies,2020,24(1). |
| APA | Roldan Fernandez J.M.,Burgos Payan M.,&Riquelme Santos J.M..(2020).The Merit-Order Effect of Load-Shifting: An Estimate for the Spanish Market.,24(1). |
| MLA | Roldan Fernandez J.M.,et al."The Merit-Order Effect of Load-Shifting: An Estimate for the Spanish Market".24.1(2020). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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