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The impact of foreign wind and solar energy on Norwegian electricity prices: a panel quantile analysis

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Resumo:This thesis employs a panel quantile analysis to explore the influence of wind and solar energy production in interconnected countries on electricity prices in Norway. The analysis reveals that increased renewable energy production in interconnected markets significantly lowers electricity prices in Norway. Wind power has an increased impact on the lower quantiles during off-peak periods, whereas during peak hours, its influence remains relatively consistent across all quantiles. Solar energy demonstrates its strongest effect on the higher quantiles, underscoring its stabilizing potential. Additionally, the effect of wind power during peak hours seems to diminish due to concurrent solar energy production.
Autores principais:Mathisen, Filip Raaen
Assunto:Electricity markets Panel quantile regression Wind power Solar power No2 Merit-order
Ano:2024
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL

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