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.

University of Melbourne Researchers