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- W3169697506 abstract "In contrast to the other Nordic countries, Finland is a uniform pricing area, emphasising the strength of its internal transmission grid. However, more capacity investments to wind power are made in the becoming years. Their geographical location in the north, far from the largest load centres in the south, alters the power flows within Finland and creates pressure for further transmission grid development. The locations of the new carbon free capacity investments underline the importance of transmission grid development if uniform pricing is targeted also in the future. To examine these changes, in this article we apply a locational marginal pricing model to the Finnish power market by separating the market into 17 price areas. Our results show that price differences arise between the proposed price areas only during the high demand days in the 2020 scenario. With higher share of wind and nuclear generation in the 2025 and 2030 scenarios price differences arise also during the low demand days." @default.
- W3169697506 created "2021-06-22" @default.
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- W3169697506 date "2019-01-01" @default.
- W3169697506 modified "2023-10-14" @default.
- W3169697506 title "How the Long Distance Between Renewable Energy Sources and Load Centres Are Reflected in the Locational Marginal Prices?" @default.
- W3169697506 doi "https://doi.org/10.2139/ssrn.3468224" @default.
- W3169697506 hasPublicationYear "2019" @default.
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