The impact of weather changes on the supply and demand of electric power and wholesale prices of electricity in Germany
The impact of weather changes on the supply and demand of electric power and wholesale prices of electricity in Germany
复制标题
天气变化对德国电力供需及电力批发价格的影响
DOI:
10.1007/s11625-022-01219-7
复制
发表时间:
2022
影响因子:
6
通讯作者:
S.
中科院分区:
文献类型:
--
作者:
Tanaka;K. Matsumoto;K.;Keeley;A;R.;Managi;S.
Weather conditions critically affect electricity demand. Recently, weather changes have also affected the electricity supply because renewable energy sources have been diffused. Some studies have revealed that weather conditions affect electricity supply or demand. However, few studies have revealed the integrated effects of weather changes on the electricity supply, demand, and market prices. This study aims to reveal the regional weather impact on the German electricity spot market based on combined hourly weather and electricity market data using structural equation modeling. Our results reveal that weather changes affect both demand and supply. First, the effect of weather on electricity supply differs in each state. Our estimation results show a more complex effect of an increase in solar radiation. Second, the electricity demand is also affected by weather conditions, particularly by temperature. Additionally, regional differences in weather conditions create a complex structure of electricity supply and demand. Our results indicate that extreme weather events in specific areas have a significant impact on the electricity market price.
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DOI:
10.5547/01956574.41.si1.akee
发表时间:
2020
期刊:
The Energy Journal
影响因子:
--
作者:
Ryota Keeley Alexander;Matsumoto Ken’ichi;Tanaka Kenta;Sugiawan Yogi;Managi Shunsuke
通讯作者:
Managi Shunsuke
影响因子:
12.8
作者:
Cludius, Johanna;Hermann, Hauke;Graichen, Verena
通讯作者:
Graichen, Verena
影响因子:
56.7
作者:
Perera, A. T. D.;Nik, Vahid M.;Hong, Tianzhen
通讯作者:
Hong, Tianzhen
影响因子:
1.7
作者:
Kenta Tanaka;Clevo Wilson;Shunsuke Managi
通讯作者:
Shunsuke Managi