Market Design for Renewable Energy Dissemination

Jun Maekawa, Koji Shimada

2018

Abstract

Renewable energy has less environmental impact and little marginal cost. Due to this nature, it is desirable to disseminate it from the viewpoint of economic efficiency. On the other hand, because of the uncertainty of the supply of renewable energy and the specialty of electricity as goods, it is difficult to achieve efficient allocation even if the normal competitive market is applied as it is. Problems such as how to secure power capacity and how to deal with the risk of power outage are concerned in European countries that have already adopted measures to cope with these problems in practice. These problems suggest that a new market design is required for the power market.

Paper Citation

in Harvard Style

Maekawa J. and Shimada K. (2018). Market Design for Renewable Energy Dissemination.In Proceedings of the 7th International Conference on Smart Cities and Green ICT Systems - Volume 1: SMARTGREENS, ISBN 978-989-758-292-9, pages 320-324. DOI: 10.5220/0006786703200324

in Bibtex Style

@conference{smartgreens18,
author={Jun Maekawa and Koji Shimada},
title={Market Design for Renewable Energy Dissemination},
booktitle={Proceedings of the 7th International Conference on Smart Cities and Green ICT Systems - Volume 1: SMARTGREENS,},
year={2018},
pages={320-324},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0006786703200324},
isbn={978-989-758-292-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 7th International Conference on Smart Cities and Green ICT Systems - Volume 1: SMARTGREENS,
TI - Market Design for Renewable Energy Dissemination
SN - 978-989-758-292-9
AU - Maekawa J.
AU - Shimada K.
PY - 2018
SP - 320
EP - 324
DO - 10.5220/0006786703200324