Analyzing the Impact of Volatile Electricity Prices on Solar Energy Capture Rates in Central Europe: A Comparative Study
Marek Pavlík,
Matej Bereš,
František Kurimský
Abstract:Electricity prices have been exceptionally volatile in recent years. In 2022, we witnessed a sharp increase in electricity prices in many countries. Several factors contributed to this, including reduced electricity production by hydropower plants due to climatic conditions and geopolitical situations around the world, amongst other factors. The research presented in this paper aims to analyze electricity price data and determine the parameters CPS (Capacity Payment Scheme) and CRS (Capacity Remuneration Schem… Show more
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