Report
Impact of Renewable Generation on the Philippine Wholesale Electricity Spot Market
D MCCONNELL
Melbourne Energy Institute | Published : 2013
Abstract
Renewable generation has been shown to depress wholesale electricity prices in liberalized or deregulated electricity markets, through an effect known as the “merit order effect”. This study aimed to quantify the “merit order effect” for renewable generation in the inter-connected Luzon and Visayas electricity markets.