The impact of renewables on electricity prices in Germany - An update for the years 2014–2018

Kolb, Sebastian; Dillig, M.; Plankenbühler, Thomas; Karl, Jürgen

doi:10.1016/j.rser.2020.110307

Cited by 45 publications

(17 citation statements)

References 62 publications

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Section: Discussionmentioning

confidence: 99%

“…Regional electricity price volatility could increase if a large part of electricity is supplied by renewables [59][60][61][62][63]. While spot price volatility might increase, the average electricity price is found to decrease with a high share of renewables in the energy mix [59][60][61][62][63]. The average decrease of spot prices might also lead to a substantial drop in market value of renewables, decreasing research incentives for producers.…”

Section: Discussionmentioning

confidence: 99%

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How Much Can Small-Scale Wind Energy Production Contribute to Energy Supply in Cities? A Case Study of Berlin

2021

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In light of the global effort to limit the temperature rise, many cities have undertaken initiatives to become climate-neutral, making decentralized urban energy production more relevant. This paper addresses the potential of urban wind energy production with small wind turbines, using Berlin as an example. A complete framework from data selection to economic feasibility is constructed to enable the empirical assessment of wind energy for individual buildings and Berlin as a whole. Based on a detailed dataset of all buildings and hourly wind speed on a 1 km² grid, the results show that multiple turbines on suitable buildings can significantly contribute to households’ energy consumption but fall short of covering the full demand. For individual households, our economic evaluation strongly recommends the self-consumption of the produced electricity. The findings suggest that while the use of small wind turbines should be continuously encouraged, exploring other renewable resources or combination of wind and photovoltaic energy in the urban environment remains important.

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Section: Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

How Much Can Small-Scale Wind Energy Production Contribute to Energy Supply in Cities? A Case Study of Berlin

2021

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“…Several studies confirm these effects, like the study by Kolb et al. ( Kolb et al., 2020 ) shows the effects of large wind and solar generation on the electricity prices in Germany. To accelerate the renewable transition, carbon taxes are introduced and tightened in several markets.…”

Section: Introductionmentioning

confidence: 73%

Principal spatiotemporal mismatch and electricity price patterns in a highly decarbonized networked European power system

et al. 2022

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“…This deficit has been established in recent years and is mainly due to the uncertainty of the liberalization of European electricity markets and world energy prices. However, Kolb et al [26] updated the study and analyzed the historical supply and demand curves of the German daily market to reconstruct electricity prices without the injection of wind and PV energy from 2014 to 2018. The results show that renewable energy sources reduced electricity prices significantly.…”

Section: Literature Review and Empirical Evidencementioning

confidence: 99%

“…In general, related research deals with energy prices and their relationship with economic growth or energy consumption [6][7][8][9][10][11]. Studies that specifically address the issue of the influence of renewable energies on electricity prices include: Jensen and Skytte [12], Amundsen et al [13], Fischer [14], De Miera et al [15], Gelabert et al [16], Woo et al [17], Gerardi and Nidras [18], Labandeira and Linares [19], Würzburg et al [20], Ketterer [21], Clò et al [22], Dillig et al [23], Rintamäki et al [24], Csereklyei et al [25], Kolb et al [26], Abrell and Kosch [27], Timilsina and Malla [28]. The contributions of these studies will be presented in the literature review section.…”

Section: Introductionmentioning

confidence: 99%

Effects of Increased Renewable Energy Consumption on Electricity Prices: Evidence for Six South American Countries

et al. 2022

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This research examines the relationship between renewable energy consumption and electricity prices in six South American countries (Argentina, Bolivia, Colombia, Chile, Ecuador and Peru). The methodology used is a panel econometric model with annual data for the period 1990–2015. The results show that the consumption of renewable energies influences the price of electricity paid by households, although its influence is very moderate. On the other hand, it was observed that the consumption of renewable energies has no relationship with the energy prices of the industrial sector and the commercial and services sector. In the countries analyzed, an increase in GDP causes an increase in the price of energy in the industrial sector. With more CO2 emissions and a rise in the international price of oil, the annual average price of the industrial sector decreases.

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The impact of renewables on electricity prices in Germany - An update for the years 2014–2018

Cited by 45 publications

References 62 publications

How Much Can Small-Scale Wind Energy Production Contribute to Energy Supply in Cities? A Case Study of Berlin

How Much Can Small-Scale Wind Energy Production Contribute to Energy Supply in Cities? A Case Study of Berlin

Principal spatiotemporal mismatch and electricity price patterns in a highly decarbonized networked European power system

Effects of Increased Renewable Energy Consumption on Electricity Prices: Evidence for Six South American Countries

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