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...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-12-01
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Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/16/23/7895 |