Implications of Growing Wind and Solar Penetration in Retail Electricity Markets with Gradual Demand Response

Time-of-use pricing in retail electricity markets implies that wholesale market scarcity becomes easily communicated to end consumers. Yet, it is not well-understood if and how the price formation process in retail electricity markets will help to reward the demand for operational flexibility due to...

Full description

Bibliographic Details
Main Authors: Chin Hui Hao, Presley K. Wesseh, David Iheke Okorie, Hermas Abudu
Format: Article
Language:English
Published: MDPI AG 2023-12-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/16/23/7895