2016
DOI: 10.1016/j.eneco.2016.07.003
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The impact of the North Atlantic Oscillation on electricity markets: A case study on Ireland

Abstract: Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in… Show more

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Cited by 11 publications
(5 citation statements)
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“…The well established relationship between the GB power system and the NAO (see [7,9,11]) was confirmed in this study. However, this study has added to the literature by showing that although the correlation between TAER and the NAO is similar in all scenarios, the amount of wind power capacity installed on the Figure 9.…”
Section: Discussionsupporting
confidence: 82%
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“…The well established relationship between the GB power system and the NAO (see [7,9,11]) was confirmed in this study. However, this study has added to the literature by showing that although the correlation between TAER and the NAO is similar in all scenarios, the amount of wind power capacity installed on the Figure 9.…”
Section: Discussionsupporting
confidence: 82%
“…In particular, the addition of wind power capacity impacts on power system components that are not themselves directly weather sensitive (e.g. the volume of power produced and prices received by traditional power stations; [4][5][6][7]). The focus of this paper is the impact of increasing wind power capacity on GB Total Annual Energy Requirement (TAER, i.e.…”
Section: Introductionmentioning
confidence: 99%
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“…The occurrence of specific atmospheric conditions can lead to fluctuations in the wind power production and electricity demand over Europe (Brayshaw et al ., 2011; van der Wiel et al ., 2019) that can have financial consequences for this sector (Curtis et al ., 2016). This connection has recently raised the interest of wind energy users in the atmospheric patterns and their frequency of occurrence.…”
Section: Discussionmentioning
confidence: 99%
“…Wind energy users need to properly characterize the climate variability in a wide range of timescales (short‐term, subseasonal, seasonal and decadal) because this variability can affect the balance between wind energy production and demand (Brayshaw et al ., 2011; Thornton et al ., 2017; Staffell and Pfenninger, 2018). The strong association between atmospheric circulation and wind power production suggests that the most recurrent large‐scale atmospheric circulation structures can be used as a tool to understand the fluctuations of the wind energy generation (Curtis et al ., 2016; Zubiate et al ., 2017; Walz et al ., 2018). The occurrence of identifiable atmospheric patterns can be used to understand anomalies of the wind energy resources in the past months (forensic analyses) but also to make simplified estimations of the seasonal evolution of the atmospheric variability that could be useful to anticipate revenues and potential cash‐flow problems, plan maintenance operations or anticipate supply–demand balance risks.…”
Section: Introductionmentioning
confidence: 99%