Intermittency and Uncertainty in Wind and Solar Energy: Impacts on the French Electricity Market

34 Pages Posted: 26 Jul 2024

See all articles by Maurice K. Ekoue

Maurice K. Ekoue

University Grenoble Alpes

Matt Woerman

Colorado State University, Fort Collins

Cédric Clastres

University Grenoble Alpes

Abstract

Renewable energy technologies are critical to reducing greenhouse gas emissions from the electricity sector. However, intermittency and uncertainty of renewable energy sources create challenges for the operation of electricity grids and markets. We analyze the impacts of intermittency and uncertainty from wind and solar energy in a novel setting: the French electricity market. We find that these characteristics affect the intraday wholesale electricity price in unique ways. Moreover, market-specific characteristics, including interconnections with neighboring markets and the conventional generation mix, impact the magnitude of these price effects.

Keywords: Wholesale electricity market, renewable energy, renewable intermittency and uncertainty, electricity price, electricity transmission, conventional generation

Suggested Citation

Ekoue, Maurice K. and Woerman, Matt and Clastres, Cédric, Intermittency and Uncertainty in Wind and Solar Energy: Impacts on the French Electricity Market. Available at SSRN: https://ssrn.com/abstract=4906729 or http://dx.doi.org/10.2139/ssrn.4906729

Maurice K. Ekoue

University Grenoble Alpes ( email )

151 Rue des Universités
Saint-Martin-d'Hères, 38400
France

Matt Woerman (Contact Author)

Colorado State University, Fort Collins ( email )

Fort Collins, CO 80523
CO 80523
United States

Cédric Clastres

University Grenoble Alpes ( email )

151 Rue des Universités
Saint-Martin-d'Hères, 38400
France

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