The escalation of natural gas prices in 2021 dragged electricity prices to unprecedented levels due to the high participation of gas in the energy mix of European electricity systems. What was the effect of variable RES penetration on the formation of the market clearance prices (MCP) regarding the Greek market? What would be the MCP if the production from RES was absent from the energy mix?
These questions are addressed in a study conducted by iWind on behalf of the Hellenic Wind Energy Association, which can be downloaded below.
These questions are addressed in a study conducted by iWind on behalf of the Hellenic Wind Energy Association, which can be downloaded below.
| res_penetration_electricity_market_prices_eng.pdf |
| res_penetration_electricity_market_prices_gre-full.pdf |
