The Merit-Order Effect in the Italian Power Market: The Impact of Solar and Wind Generation on National Wholesale Electricity Prices

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Electricity prices, large-scale renewable integration, and policy implications (2017, methodology): “Clò et al. (2015) provide an interesting literature review of empirical studies regarding the meritorder effect in several countries, including Denmark, Germany, and Spain.”
The effect of wind and solar power generation on wholesale electricity prices in Australia (2019, background): “The empirical findings from the literature are consistent across many European countries and the USA in that there is a strong evidence that WT and PV sourced electricity lowers the wholesale electricity price.”
The cannibalization effect of wind and solar in the California wholesale electricity market (2020, background): “However, increasing shares of zero marginal cost electricity pressure wholesale electricity prices downwards (Clò et al., 2015; Cludius et al., 2014; Gelabert et al., 2011; Sensfuß et al., 2008; Woo et al., 2016), harming the unit revenues of renewable generator themselves, and jeopardizing their co”
The unstudied barriers to widespread renewable energy deployment: Fossil fuel price responses (2017, background): “A review of the literature (Browne et al., 2015; Clò et al., 2015; De Vos, 2015; Dillig et al., 2016; Paraschiv et al., 2014; Pöyry, 2010; Würzburg et al., 2013) shows that, thanks to its low marginal cost, the deployment of this type of renewable generators tends to reduce electricity wholesale spo”