| Title |
Analysis of electricity sources impact on Lithuania’s electricity market price / |
| Authors |
Cesnavicius, Mindaugas ; Konstantinaviciute, Inga |
| Full Text |
|
| Is Part of |
Proceedings 17th IAEE European Conference “The future of global energy systems”, Athens, Greece, September 21-24, 2022... Athens. 2022, p. 1-2.. ISSN 2707-6075 |
| Abstract [eng] |
With new environmental policies and electricity market liberalization taking place, the energy generation mix is rapidly changing in many countries around the world. Stricter environmental regulations significantly increase electricity generation from renewable energy sources such as wind and solar. As a result, marginal electricity prices are fluctuating, while unfavorable market conditions cause conventional power plants to become less competitive. To develop a sustainable and feasible electricity system, it is important to understand different power sources’ impact on electricity market prices. Scholars believe that renewable energy generation will continue to dominate the economics of energy markets in the future. This will create a challenge and need for quantifying the price effects of renewables [1]. It is expected that renewable energy will lead to a reduction in electricity market prices, however, scholarly literature is scarce and there is a need for new research [2]. |
| Published |
Athens |
| Type |
Conference paper |
| Language |
Lithuanian |
| Publication date |
2022 |
