The Effect of Renewable Energy Generation on the Electric Power Spot Price of the Japan Electric Power Exchange
The Effect of Renewable Energy Generation on the Electric Power Spot Price of the Japan Electric Power Exchange
复制标题
可再生能源发电对日本电力交易所电力现货价格的影响
作者:
Jun Maekawa;Bui Hien Hai;Sarana Shinkuma;K. Shimada
This study aims to explore the relationship between renewable energies and the electric power spot price of the Japan Electric Power Exchange (JEPX). By using panel data analysis and proxy modeling, this work attempts to estimate how renewable energies (displayed through the proxies) and other factors influence the electric power spot price in Japan. Based on an analysis of the estimations, some policy implications have been proposed, such as to incorporate weather information into the price forecast, or to provide a guide to more effectively transact on the JEPX.