2016 13th International Conference on the European Energy Market (EEM) 2016
DOI: 10.1109/eem.2016.7521240
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The impact of renewable energy resources on the electricity prices of the United Kingdom

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“…The cost-minimisation model described in [9] is fed the most recent capacity predictions presented by NG in their FES to simulate wholesale electricity prices based on various generating capacity and fuel price predictions and then the dispatchable power from conventional thermal generators is calculated. The renewable power output is subtracted from electricity demand in order to create a net demand curve.…”
Section: Determination Of the Electricity Wholesale Market Price Effectsmentioning
confidence: 99%
“…The cost-minimisation model described in [9] is fed the most recent capacity predictions presented by NG in their FES to simulate wholesale electricity prices based on various generating capacity and fuel price predictions and then the dispatchable power from conventional thermal generators is calculated. The renewable power output is subtracted from electricity demand in order to create a net demand curve.…”
Section: Determination Of the Electricity Wholesale Market Price Effectsmentioning
confidence: 99%