Energy Trade
Wind energy is gaining an ever-increasing share in the electricity mix of many countries. Our goal is to estimate the wholesale price and thus provide planning certainty in the markets and reduce the impact of fluctuation of wind energy. For this analysis, we treat offshore and onshore wind energy as variables to be considered and their impact on the European Energy Exchange. Using these models, we can identify various parameters and how they affect wholesale electricity prices.
Status: landed but continuation planned
Source: Michael Miehe
Funding:
Basic funding of the Max Planck Society.
Publications
Published:
Lichter, J., Hosius, E., Wacker, B., & Schlüter, J. C. (2020). Der Einfluss von Offshore-Windenergie auf die EEX-Strompreise. Zeitschrift für Energiewirtschaft, 44, 85-99.
doi:10.1007/s12398-020-00276-8
Technical Report 6 "Energy Trade"
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