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dc.contributor.authorFITZGERALD, JOHNen
dc.contributor.authorMALAGUZZI VALERI, LAURAen
dc.contributor.authorWALSH, DARRAGHen
dc.date.accessioned2014-06-26T13:58:10Z
dc.date.available2014-06-26T13:58:10Z
dc.date.issued2014en
dc.date.submitted2014en
dc.identifier.citationPaul Deane, John FitzGerald, Laura Malaguzzi Valeri, Aidan Tuohy, Darragh Walsh, Irish and British electricity prices: what recent history implies for future prices, Economics of Energy & Environmental Policy, 3, 2, 2014en
dc.identifier.otherYen
dc.identifier.urihttp://hdl.handle.net/2262/69882
dc.descriptionPUBLISHEDen
dc.description.abstractThis paper compares retail and wholesale electricity prices in SEM, the market of the island of Ireland, and BETTA in Great Britain. Estimated wholesale costs are much lower in BETTA. We show that this is mostly because the wholesale price in BETTA is set too low to cover generation costs, although it is compensated by large retail margins. The need for substantial new investment in generation in Great Britain suggests that returns to generators will have to increase. This should be accompanied by a decrease in retail margins to avoid overburdening final consumers. Renewable support in Great Britain appears very expensive when compared to Ireland. Keywords: Renewable energy, SEM, BETTA, simulation model, market designen
dc.language.isoenen
dc.relation.ispartofseriesEconomics of Energy & Environmental Policyen
dc.relation.ispartofseries3en
dc.relation.ispartofseries2en
dc.rightsYen
dc.subjectmarket designen
dc.subjectsimulation modelen
dc.subjectBETTAen
dc.subjectSEMen
dc.subjectRenewable energyen
dc.titleIrish and British electricity prices: what recent history implies for future pricesen
dc.typeJournal Articleen
dc.type.supercollectionscholarly_publicationsen
dc.type.supercollectionrefereed_publicationsen
dc.identifier.peoplefinderurlhttp://people.tcd.ie/jofitzgeen
dc.identifier.peoplefinderurlhttp://people.tcd.ie/walshd21en
dc.identifier.rssinternalid94977en
dc.rights.ecaccessrightsopenAccess


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