Impact of Spanish Offshore Wind Generation in the Iberian Electricity Market: Potential Savings and Policy Implications

Article number 4481

Detalles Bibliográficos
Autores: Roldán Fernández, Juan Manuel, Serrano-González, Javier, González - Longatt, F., Burgos Payán, Manuel
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2021
País:España
Institución:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/126082
Acceso en línea:https://hdl.handle.net/11441/126082
https://doi.org/10.3390/en14154481
Access Level:acceso abierto
Palabra clave:Day-ahead market
Floating offshore wind farm
Merit-order effect
Offshore wind energy
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spelling Impact of Spanish Offshore Wind Generation in the Iberian Electricity Market: Potential Savings and Policy ImplicationsRoldán Fernández, Juan ManuelSerrano-González, JavierGonzález - Longatt, F.Burgos Payán, ManuelDay-ahead marketFloating offshore wind farmMerit-order effectOffshore wind energyArticle number 4481The European Union considers that offshore wind power will play a key role in making the EU the first climate-neutral continent by 2050. Currently, the potential of offshore wind energy is still untapped in Spain. Furthermore, the characteristics of the coastline in Spain require floating technology, making it challenging to install wind farms due to their current high cost. This work seeks to quantify the impact that Spanish offshore wind energy would have on the Iberian electricity market. Several offshore wind scenarios are evaluated by combining available information in relation to areas suitable for installing wind farms and wind resource data. The impact on the day-ahead electricity market has been obtained by reproducing the market, including these new offshore wind generation scenarios. The introduction of this renewable energy results in a market cost reduction in what is known as the merit-order effect. According to our estimates, for each MWh of offshore wind energy introduced in the market, there would be a market cost reduction of 45 €. These savings can serve as a reference for regulators to adjust their policy framework to boost floating wind offshore generation.Ministerio de Economía. y Competitividad (España) ENE2016-77650-RRed CYTED 718RT0564Feder (UE) S2V, US-1265887Centro para el Desarrollo Tecnológico Industrial (España) CER-20191019MDPI AGIngeniería EléctricaEuropean Commission (EC). Fondo Europeo de Desarrollo Regional (FEDER)2021info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://hdl.handle.net/11441/126082https://doi.org/10.3390/en14154481reponame:idUS. Depósito de Investigación de la Universidad de Sevillainstname:Universidad de Sevilla (US)InglésEnergies, 14 (15), Article number 4481.ENE2016-77650-R718RT0564S2V, US-1265887CER-20191019https://www.mdpi.com/1996-1073/14/15/4481info:eu-repo/semantics/openAccessoai:idus.us.es:11441/1260822026-06-17T12:51:07Z
dc.title.none.fl_str_mv Impact of Spanish Offshore Wind Generation in the Iberian Electricity Market: Potential Savings and Policy Implications
title Impact of Spanish Offshore Wind Generation in the Iberian Electricity Market: Potential Savings and Policy Implications
spellingShingle Impact of Spanish Offshore Wind Generation in the Iberian Electricity Market: Potential Savings and Policy Implications
Roldán Fernández, Juan Manuel
Day-ahead market
Floating offshore wind farm
Merit-order effect
Offshore wind energy
title_short Impact of Spanish Offshore Wind Generation in the Iberian Electricity Market: Potential Savings and Policy Implications
title_full Impact of Spanish Offshore Wind Generation in the Iberian Electricity Market: Potential Savings and Policy Implications
title_fullStr Impact of Spanish Offshore Wind Generation in the Iberian Electricity Market: Potential Savings and Policy Implications
title_full_unstemmed Impact of Spanish Offshore Wind Generation in the Iberian Electricity Market: Potential Savings and Policy Implications
title_sort Impact of Spanish Offshore Wind Generation in the Iberian Electricity Market: Potential Savings and Policy Implications
dc.creator.none.fl_str_mv Roldán Fernández, Juan Manuel
Serrano-González, Javier
González - Longatt, F.
Burgos Payán, Manuel
author Roldán Fernández, Juan Manuel
author_facet Roldán Fernández, Juan Manuel
Serrano-González, Javier
González - Longatt, F.
Burgos Payán, Manuel
author_role author
author2 Serrano-González, Javier
González - Longatt, F.
Burgos Payán, Manuel
author2_role author
author
author
dc.contributor.none.fl_str_mv Ingeniería Eléctrica
European Commission (EC). Fondo Europeo de Desarrollo Regional (FEDER)
dc.subject.none.fl_str_mv Day-ahead market
Floating offshore wind farm
Merit-order effect
Offshore wind energy
topic Day-ahead market
Floating offshore wind farm
Merit-order effect
Offshore wind energy
description Article number 4481
publishDate 2021
dc.date.none.fl_str_mv 2021
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/11441/126082
https://doi.org/10.3390/en14154481
url https://hdl.handle.net/11441/126082
https://doi.org/10.3390/en14154481
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Energies, 14 (15), Article number 4481.
ENE2016-77650-R
718RT0564
S2V, US-1265887
CER-20191019
https://www.mdpi.com/1996-1073/14/15/4481
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv MDPI AG
publisher.none.fl_str_mv MDPI AG
dc.source.none.fl_str_mv reponame:idUS. Depósito de Investigación de la Universidad de Sevilla
instname:Universidad de Sevilla (US)
instname_str Universidad de Sevilla (US)
reponame_str idUS. Depósito de Investigación de la Universidad de Sevilla
collection idUS. Depósito de Investigación de la Universidad de Sevilla
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1869413926844760064
score 15,301629

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