The Nexus between Wholesale Electricity Prices and the Share of Electricity Production from Renewables: An Analysis with and without the Impact of Time of Distress

The continuous integration of renewable energy sources into the EU’s energy mix is reshaping the electricity market dynamics mainly due to the merit order mechanism affecting wholesale electricity prices (WHEP). This article aims to review the wholesale electricity market mechanism, identify the key...

Full description

Bibliographic Details
Main Authors: Balázs Herczeg, Éva Pintér
Format: Article
Language:English
Published: MDPI AG 2024-02-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/17/4/857