Examining the effect of quantities offered by hydraulic, renewable, non-renewable sources and thermal technologies on electricity prices in the MIBEL market through an ADRL approach

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MetadadosDescriçãoIdioma
Autor(es): dc.creatorMoutinho, Victor-
Autor(es): dc.creatorMoreira, Antonio-
Autor(es): dc.creatorMota, Jorge-
Data de aceite: dc.date.accessioned2026-08-11T12:29:34Z-
Data de disponibilização: dc.date.available2026-08-11T12:29:34Z-
Data de envio: dc.date.issued2026-02-18-
Data de envio: dc.date.issued2026-02-18-
Data de envio: dc.date.issued2022-06-
Data de envio: dc.date.issued2026-01-26-
Fonte completa do material: dc.identifierhttp://hdl.handle.net/10400.2/21401-
Fonte: dc.identifier.urihttp://educapes.capes.gov.br/handle/10400.2/21401-
Descrição: dc.descriptionThe objective of this article is to analyze and empirically validate the differential effects in the daily schedules of the induced electricity prices by selling bids for three different technologies, namely hydraulic, thermal and renewable energy sources (RES), in hourly values, by daily observations for the year 2018. To achieve this objective, we employ an autoregressive distributed lag (ARDL) model-bound testing approach The results of the ADRL-ECM method, which also reports the long-run analysis, show that (a) the renewable and thermal technologies positively and significantly affect the electricity price for Endesa and Hidroelétrica del Cantábrico generators and (b) the hydraulic technology impacts negatively the electricity price, both at a 1% level of significance. In addition, following a long-term perspective it must be highlighted that RES negatively impact the price of electricity with a 1% level of significance for the Iberdrola, E.ON Energy, Unión Fenosa and EDP Energy of Portugal generators. However based on a short-term perspective, the results report a positive effect between the quantities traded by hydraulic and thermal technologies on the electricity price for Endesa, Iberdrola, Hidroelétrica del Cantábrico and EDP Energy of Portugal, at a 1% level of significance.-
Descrição: dc.descriptionThe NECE-UBI, Research Unit in Business Science and Economics, sponsored by the Portuguese Foundation for the Development of Science and Technology, project UIDB/04630/2020, financially supported this work.-
Descrição: dc.descriptioninfo:eu-repo/semantics/publishedVersion-
Formato: dc.formatapplication/pdf-
Idioma: dc.languageen-
Relação: dc.relationResearch Unit in Business Sciences-
Relação: dc.relationUIDB/04630/2020-
Direitos: dc.rightshttp://creativecommons.org/licenses/by-nc-nd/4.0/-
Palavras-chave: dc.subjectElectricity price-
Palavras-chave: dc.subjectIberian electricity market-
Palavras-chave: dc.subjectHydraulic technology-
Palavras-chave: dc.subjectQuantities offered-
Palavras-chave: dc.subjectRenewable energy sources-
Palavras-chave: dc.subjectThermal technology-
Título: dc.titleExamining the effect of quantities offered by hydraulic, renewable, non-renewable sources and thermal technologies on electricity prices in the MIBEL market through an ADRL approach-
Aparece nas coleções:Repositório Aberto - Universidade Aberta (Portugal)

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