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The remarkable impact of renewable energy generation in Sicily onto electricity price formation in Italy

descriptionPublicationkeyboard_double_arrow_right Article , Journal 01 May 2016 Italy Publisher:WileyJournal:Energy Science & Engineering, volume 4, pages 194-204 (issn: 2050-0505, eissn: 2050-0505,

Authors: Meneguzzo Francesco; Ciriminna Rosaria; Albanese Lorenzo; Pagliaro Mario;

doi: 10.1002/ese3.119

handle: 20.500.14243/316481

The remarkable impact of renewable energy generation in Sicily onto electricity price formation in Italy

- Summary
- Subjects
- Metrics

Abstract

AbstractDuring the first half of 2015, for the first time, the zonal electricity price in Sicily decreased below than the national wholesale price in Italy. Showing the unique pattern of electricity consumption in Italy's largest region at different time scales, we identify the effectiveness of the impact of renewable power generation on utility‐scale in Sicily upon the whole of Italy's electricity market. Increasing the electrification of the energy end uses, as it is happening despite prolonged reduction in electricity demand, will lead to further benefits for power consumers throughout the whole country.

Country

Italy

Related Organizations

Istituto di Biometeorologia
Italy
Institute of Nanostructured Materials
Italy
National Research Council
Italy

Keywords

photovoltaics, Energy & Fuels, merit order effect, wind energy, Engineering, Multidisciplinary, Energy end use, Sicily

Impact byBIP!

	citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	17
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Top 10%
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Top 10%
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Top 10%