We evaluate how increasing wind generation affects wholesale electricity prices, balancing payments and the cost of subsidies using the Irish Single Electricity Market (SEM) as a test system, with hourly data from 1 January 2008 to 28 August 2012. We measure the effect of wind on the marginal...

We evaluate how increasing wind generation affects wholesale electricity prices, balancing payments and the cost of subsidies using the Irish Single Electricity Market (SEM) as a test system, with hourly data from 1 January 2008 to 28 August 2012. We model the spot market using a system of...

Deep decarbonization of the global electricity sector is required to meet ambitious climate change targets. This underlines the need for improved models to facilitate an understanding of the global challenges ahead, particularly on the concept of large-scale interconnection of power systems....

We perform a global case study to assess the implications of spatial resolution in electricity systems modelling. The global model PLEXOS-World is used to optimize the long-term capacity expansion and short-term operation of a global net-zero electricity system under alternative spatial...