dc.contributor.author | Pizarro Irizar, María Cristina ![ORCID](/themes/Mirage2//images/orcid_16x16.png) | |
dc.date.accessioned | 2023-06-16T07:30:11Z | |
dc.date.available | 2023-06-16T07:30:11Z | |
dc.date.issued | 2023 | |
dc.identifier.citation | Utilities Policy: 80: 101472 (2023) | es_ES |
dc.identifier.uri | http://hdl.handle.net/10810/61419 | |
dc.description.abstract | A key characteristic of electricity prices is their sensitivity to changes in supply and demand. In this sense, the Covid-19 lockdown policies modified electricity consumption patterns at both business and household levels, affecting the shape and position of the electricity demand curve and, thus, leading to a direct effect on electricity prices. However, could this demand-side effect be greater than other supply-induced effects? Is it persistent over time? This paper uses a synthetic bidding approach and concludes that the strict lockdown phase had a strong, immediate – but not persistent – effect on the Spanish electricity price. Furthermore, a high share of renewable energy and a reduction in fossil fuel and emission prices have also proven crucial in driving prices down, though lockdown policies had more impact on prices. | es_ES |
dc.description.sponsorship | This work was supported by Ministerio de Ciencia, Innovación y Universidades ( PID2019-108718 GB-I00 ) and Gobierno Vasco ( IT1461-22 ). The author also acknowledges the editor and two anonymous referees for their valuable comments. | es_ES |
dc.language.iso | eng | es_ES |
dc.publisher | Utilities Policy | es_ES |
dc.relation | info:eu-repo/grantAgreement/MCIU/PID2019-108718 GB-I00 | es_ES |
dc.relation | info:eu-repo/grantAgreement/Basquegovernment/IT1461-22 | es_ES |
dc.rights | info:eu-repo/semantics/openAccess | es_ES |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-sa/3.0/es/ | * |
dc.subject | Bidding strategies | es_ES |
dc.subject | Electricity demand | es_ES |
dc.subject | Electricity market: synthetic curves | es_ES |
dc.title | Is it all about supply? Demand-side effects on the Spanish electricity market following Covid-19 lockdown policies | es_ES |
dc.type | info:eu-repo/semantics/article | es_ES |
dc.rights.holder | © 2022 The Author | es_ES |
dc.rights.holder | Atribución-NoComercial-CompartirIgual 3.0 España | * |
dc.relation.publisherversion | https://dx.doi.org/10.1016/j.jup.2022.101472 | es_ES |
dc.identifier.doi | 10.1016/j.jup.2022.101472 | |