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- Title
The remarkable impact of renewable energy generation in Sicily onto electricity price formation in Italy.
- Authors
Meneguzzo, Francesco; Ciriminna, Rosaria; Albanese, Lorenzo; Pagliaro, Mario
- Abstract
During the first half of 2015, for the first time, the zonal electricity price in Sicily decreased below than the national wholesale price in Italy. Showing the unique pattern of electricity consumption in Italy's largest region at different time scales, we identify the effectiveness of the impact of renewable power generation on utility-scale in Sicily upon the whole of Italy's electricity market. Increasing the electrification of the energy end uses, as it is happening despite prolonged reduction in electricity demand, will lead to further benefits for power consumers throughout the whole country.
- Subjects
ITALY; ELECTRICITY; ELECTRIC power consumption; RENEWABLE energy costs; PHOTOVOLTAIC power generation; WIND power
- Publication
Energy Science & Engineering, 2016, Vol 4, Issue 3, p194
- ISSN
2050-0505
- Publication type
Article
- DOI
10.1002/ese3.119