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      The Impact of Variable Renewables on Price Dynamics Within Wholesale Electricity Markets

      The Impact of Variable Renewables on Price Dynamics Within Wholesale Electricity Markets

      Selahattin Murat Sirin, Amro Elshurafa, Nurullah Cakmak

      The increasing integration of variable renewable energy sources introduces new complexities into electricity markets. This paper investigates their effects on price dynamics by utilizing unplanned wind power plant outages as exogenous shocks. Using data from the Turkish electricity market from…

      Selahattin Murat Sirin Murat Sirin, Selahattin
      Amro Elshurafa Elshurafa, Amro
      Nurullah Cakmak Nurullah Cakmak