Construct · 1 fields · 1 citations

merit order effect: a standalone construct

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Energy economics

the drop in wholesale electricity prices when low-marginal-cost renewables push expensive power plants out of the supply order.

In energy economics, merit order effect refers to the drop in wholesale electricity prices when low-marginal-cost renewables push expensive power plants out of the supply order. This meaning comes from Sensfuß (2008) in Energy Policy.[1]

Unit
Recovery means
Measured by

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Nearby constructs

energy5 fields · 10 citationsjingle · one word, five constructs order4 fields · 6 citationsjingle · one word, four constructs policy2 fields · 4 citationsjingle · one word, two constructs

References

Sensfuß, F., Ragwitz, M., & Genoese, M. (2008). The merit-order effect: A detailed analysis of the price effect of renewable electricity generation on spot market prices in Germany. Energy Policy, 36(8), 3086-3094. https://doi.org/10.1016/j.enpol.2008.03.035

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