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Evaluating the strategic supply per power plant: evidence from the spanish wholesale electricity market

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dc.contributor.authorMoutinho, V. M. F.
dc.contributor.authorMoreira, Antonio
dc.contributor.authorMota, J. H.
dc.date.accessioned2026-01-29T18:36:58Z
dc.date.available2026-01-29T18:36:58Z
dc.date.issued2015en_US
dc.date.updated2026-01-27T11:07:36Z
dc.description.abstractThis paper analyses the relationship among marginal costs per power plant, fossil fuel prices and electricity bidding quantities in the Spanish electricity market. The results of the panel cointegration and Granger causality methods clearly indicate a differential impact of fossil fuel prices on power plants marginal costs, with a positive effect for gas power plants. The biggest negative impact on marginal costs is seen for coal technology. As a consequence of the characteristics of different production technologies, the set of marginal costs across the sample is based on coal power plants, although Endesa and Iberdrola’s marginal costs are predominantly based on gas power plants. Operating costs for hydroelectric power plants are very low when Endesa, since this technology is strongly dependent on the volatility of commodity markets and on the supply chain and production costs management.por
dc.description.versioninfo:eu-repo/semantics/publishedVersion
dc.identifier.doi10.1504/IJETP.2015.069807en_US
dc.identifier.eid2-s2.0-84931837315en_US
dc.identifier.slugcv-prod-367330
dc.identifier.urihttp://hdl.handle.net/10400.2/21087
dc.language.isoeng
dc.peerreviewedyes
dc.rights.uriN/A
dc.subjectFossil fuel prices
dc.subjectCapacity generation
dc.subjectPower plant marginal costs
dc.subjectPanel cointegration
dc.titleEvaluating the strategic supply per power plant: evidence from the spanish wholesale electricity marketeng
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage126
oaire.citation.issue2en_US
oaire.citation.startPage97
oaire.citation.titleInternational Journal of Energy Technology and Policyen_US
oaire.citation.volume11en_US
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
person.familyNameMoreira
person.givenNameAntonio
person.identifier.orcid0000-0002-6613-8796
rcaap.cv.cienciaid541F-5442-5666 | António Carrizo Moreira
rcaap.rightsrestrictedAccessen_US
relation.isAuthorOfPublication51ad303d-335c-4e2f-bae3-fffffef2e2f5
relation.isAuthorOfPublication.latestForDiscovery51ad303d-335c-4e2f-bae3-fffffef2e2f5

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